1050 Bowron Ct., Unit 405, Vancouver
LISTING PRICE: $950,000
SELLING PRICE: $950,000
DAYS ON MARKET: Eight
MAINTENANCE FEE: $387.85
LISTING AGENT: Holly Wood, Sotheby's International Realty Canada
The Action: The buyers were a couple that sold their West Vancouver house and were looking to downsize, listing agent Holly Wood says. They made the offer after the open house, without any subjects. The purchase included the furniture. "The seller did a beautiful job renovating. It was just stunning," Ms. Wood says.
What They Got: This two-bedroom, two-bathroom, 1,466-square-foot condo – built in 1988 – is big by today's standards. The seller spent $150,000 updating the unit with plush carpeting in bedrooms, gourmet kitchen, new appliances and an updated fireplace. The suite, on the quiet side of the building, includes a bright balcony. The building has been well maintained with new roofing, fencing, walkways, gutters and exterior updates. It includes two parking stalls and a locker. It's within walking distance of shops, parks and a golf course.
The Agent's Take: The unit sold quickly because it was fully renovated and large, Ms. Wood says. "It attracted older downsizers from West Vancouver. It's hard for them to find something at this price point that is renovated. They don't want to have to do a gut job. It was move-in-ready. And they still have money to retire." Other large condos in the area are on leasehold land or cost $1,000 a square foot on the waterfront, she says.