March 13, 2013
Dunbar home sells for $81,200 over the asking price
Type: 4-bedroom, 2-bathroom detached
Size: 2,036 sq. ft.
B.C. Assessment, 2013: $1,458,400
Listed for: $1,438,800
Sold for: $1,520,000
Sold on: Jan. 20
Days on market: 5
Listing agent: Andrew Hasman at RE/MAX Andrew Hasman
Buyers agent: Andrew Hasman at RE/MAX Andrew Hasman
The big sell: According to agent Andrew Hasman, more than 100 people came to the open house for this 1960s bungalow. Ten offers were produced, resulting in a sale of $81,200 over the asking price. The home has two bedrooms on the main floor, and a two-bedroom basement suite, and has benefited from many improvements, including upgrades to the roof and windows. With a prime location near the Dunbar and West 16th Avenue corridors, and a south-facing level lot, Hasman reports that the property was purchased as a building lot.
The RS-1 zoning regulation permits a 0.7 floor space ratio, which means for this 4,026-square-foot lot, a new home with an increased floor plan of 2,818 square feet could be built, as well as a laneway home of 483 square feet. The school catchment area is Kitchener elementary and Lord Byng secondary. There is a transit route to UBC close by, as well as the shops and amenities in Dunbar and Point Grey Village.