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3755 W. 8th Ave., No. 310, Vancouver
Asking prices: $1.548 million (April 2022), $1.357 million (April 11, 2023)
Selling price: $1,338,500 (April 11, 2023)
Days on market: Seven
Monthly maintenance fee: $662.07
Taxes: $3,953.22
Listing agent: Lorne Goldman, Macdonald Realty
The action
The agent says the unit is well maintained but the kitchen and bathrooms could use an update.Supplied
The unit was previously listed at $1.548-million for 242 days until it was taken off the market at the end of 2022. It was relisted in the spring with a different broker at a lower price and sold quickly to someone who plans to live in it.
“It got a lot of action and it sold in the first week,” says the second listing agent, Lorne Goldman. “It was an estate sale and the buyer was a downsizer from a larger west side house. Investors were not all over it as the price was too high. They want a one-bedroom on Pacific, downtown.”
What they got
The unit has 1,457 square feet of living space and nine-foot ceilings.Supplied
The 34-year-old strata condo is in the Cumberland complex in Point Grey, near shopping on Broadway and within walking distance of Jericho Lands and the beach. The southeast-corner unit is bright, with two bedrooms, two bathrooms and 1,457 square feet of living space and nine-foot ceilings. There is a formal dining room with covered balcony overlooking the tree-lined street, a primary bedroom with vaulted ceilings, a second fireplace and a five-piece ensuite bathroom. The building is pet friendly and rain-screened because it was built in 1989, when leaky condos were an issue.
The agent’s take
The primary bedroom has vaulted ceilings, a second fireplace and a five-piece ensuite bathroom.Supplied
The building had a rental restriction that was lifted when the province put a ban on such restrictions last fall. However, it does still have an age restriction that favours people 55 and older. Seniors’ buildings are exempt from the age restriction ban.
It was well maintained but the kitchen and bathrooms could use an update.
“It was in good, super clean shape and someone can always renovate anything,” says Mr. Goldman.