Sutton Group West Coast Realty
2015 Haro St., No. 106, Vancouver
Asking price: $515,000 (April 17, 2023)
Selling price: $507,500 (May 9, 2023)
Days on the market: 22
Taxes: $1,389.75
Monthly maintenance fee: $296.35
Listing agent: Krystian Thomas, Sutton Group West Coast Realty
The action
The 734 square foot apartment is in a 19-unit building.Sutton Group West Coast Realty
The seller of this co-op unit in the West End was relocating, and the buyers had been looking to downsize in the area. The seller received the one offer and had a standby buyer who was willing to make an offer if the first deal fell through, says listing agent Krystian Thomas. The deal completed July 25.
What they got
The 734-square-foot apartment is in a 19-unit building called The Arniston, next to Stanley Park in the West End.
Built in 1948, the unit features original oak hardwood floors throughout, a retro 1950s galley kitchen with new appliances, a bedroom big enough for a king-size bed, storage, parking with permit, shared laundry room, and a workshop in the building.
It’s next to Lost Lagoon, and steps to the seawall and shopping. Because it is an equity co-op building, there was a 35-per-cent minimum down payment required, as well as restrictions, including no pets, no rentals and no smoking.
The agent’s take
The unit has a retro 1950s galley kitchen with new appliances.Sutton Group West Coast Realty
Equity co-op buildings are the precursor to strata condos, and most of them were built in the forties, fifties and sixties, says Mr. Thomas, who specializes in co-ops. Buyers are purchasing a share of a company that owns the building and the land, as opposed to a strata condo, in which the buyer only owns their unit.
“This one didn’t have a view, but it is a very nice unit, with good flow,” says Mr. Thomas. “The buyers wanted to be next to Lost Lagoon and in the West End. It is a prime location.”