April 27, 2012

Kitsilano Heritage Home Sells In 10 Days

3437 West 2nd Ave., Vancouver
Type: 5-bedroom, 4-bathroom detached
Size: 3,270 sq. ft.
B.C. Assessment, 2012: $1,733,000
Listed for: $1,800,000
Sold for: $1,743,000
Sold on: March 9
Days on market: 10
Listing agent: Colette Gerber at RE/MAX Select Properties
Buyers agent: Amy Lai at Royal Pacific Realty

The big sell: This Kitsilano heritage home appears to be a good example of a revenue-generating property. It consists of three levels divided into four suites – three one-bedroom units and one two-bedroom unit — which currently bring in $5,100 a month in rental income. The property was built around 1910 and is filled with period features such as stained-glass windows, original hardwood floors, ceramic tile, and brass light fixtures. There are coved ceilings, a forced-air heating system, new decks and stairs to the front and back of the house, a fenced yard and a detached garage. The location is ideal for the shops and restaurants on West Fourth Avenue, transportation to UBC and downtown and easy access to Jericho Beach. Listing agent Colette Gerber says the buyers were looking for a westside property with charm on a lovely street, and this home ticks both those boxes.

These transactions were compiled by Nicola Way of BestHomesBC.com and AssignmentsCanada.ca.
Realtors — send your recent sales to nicola@besthomesbc.com

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