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3178 PIERVIEW CRES., VANCOUVER

ASKING PRICE $998,000

SELLING PRICE $1.175-million

DAYS ON MARKET Seven

TAXES $2,835

LISTING AGENT James Garbutt, Sutton Group West Coast Realty

3178 Pierview Cr., Vancouver

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.

The unit features nine-foot ceilings, high-end appliances and open-concept design.

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 townhouse has access to Fraser River parks, trails and shopping.

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.

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