For people who think affordable living in the Lower Mainland is an impossible dream, this East Burnaby townhome which sold in only six days for under both its asking price and its 2013 B.C. Assessment value is proof there are still deals to be had in the city.
This two-storey with basement woodframe townhome, built in 1972, is located in a quiet neighbourhood and close to schools, parks and public transit. It features three bedrooms upstairs, living room, kitchen and dining room on the main floor, and a rec room and laundry facilities in the basement. With a total of 594 square feet on the main floor, 506 sq. ft. upstairs and 290 sq. ft. in the basement, there's almost 1,400 sq. ft. of living space. Both cats and dogs are allowed, as are rentals (with some restrictions).
This property was only on the market for six days, and just after an open house that attracted 25 groups of interested buyers, an offer came in.
The townhome sold for $285,000, just $5,000 less than the asking price and $23,000 less than the 2013 B.C. Assessment value of $308,000. The property has a low monthly strata/ maintenance fee of only $200.
The basics
Location: East Burnaby - 7439 13th Ave.
Style: Two-storey with basement townhome with three bedrooms upstairs, two bathrooms, in-suite laundry and basement with recreation room.
Living area is approximately 1,390 square feet
Listed: Jan. 2 for $290,000
Sold: Jan. 8 for $285,000
B.C. Assessment: $308,000 (2013)
Agents
Listing agent: Adam F. Lloyd, Re/Max Advantage Realty
Buyers agent: Ebony Malapad, Homelife Benchmark Walnut Grove
The highlights
This spacious three-bedroom, two-bathroom, three-level East Burnaby townhome includes a fenced patio and secure underground parking with direct access to the basement.
