3178 PIERVIEW CRES., VANCOUVER
ASKING PRICE $998,000
SELLING PRICE $1.175-million
DAYS ON MARKET Seven
LISTING AGENT James Garbutt, Sutton Group West Coast Realty
The action: Listing agent James Garbutt received seven offers after showing the unit to about 100 groups.
“It’s safe to say that there is a lot of demand for larger townhouses like these in east Vancouver,” he says. “It was split between empty nesters coming from a house and young families coming from a condo.”
A young family from Richmond bought the unit.
What they got: This three-level townhouse is the end unit in the four-year-old River Walk complex built by developer Polygon in its River District planned community. The 1,697-square-foot unit has four bedrooms, three bathrooms, a two-car garage, south-facing view and access to Fraser River parks and trails and shopping. It includes nine-foot ceilings, high-end appliances and open-concept design. There is no bathroom on the main floor.
The agent’s take: Mr. Garbutt says the sale sets a record for a townhouse in the River District and Champlain Heights sub-area because there is so little available. A comparable sale in the development, three doors down at 3172 Pierview Cres., sold for $806,000 in November.
“We had no competition in the River District community while we were on the market,” says Mr. Garbutt.