Sold (Bought): Competing offers push sale price of Kitsilano house over asking
Five-bedroom home sold for $4,240,000 after eight days on the market
By Nicola Way
Last updated 10 hours ago
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Weekly roundup of three properties that recently sold in Metro Vancouver.
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1747 Balaclava St., Vancouver
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Sold (Bought): Competing offers push sale price of Kitsilano house over asking Back to video
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Type: Five-bedroom, four-bathroom detached
Size: 3,082 square feet
B.C. Assessment: $3,142,000
Listed for: $3,998,000
Sold for: $4,240,000
Sold on: Jan. 16
Days on market in this listing: Eight
Listing agent: Karley Rice PREC at Macdonald Realty
Buyers agent: Shannon Vrlak PREC at WESTSIDE Tom Gradecak Realty


The big sell: According to listing agent Karley Rice, four offers were received for this Kitsilano Craftsman-style house that pushed the final sale price well into the $4-million bracket. What was on offer is a location just off Point Grey Road on a landscaped lot, together with numerous updates that blended with the property’s 1912 origins. Wood floors, overheight and coffered ceilings, crown mouldings, bay windows, a wood-burning fireplace, and stained-glass windows with bespoke shutters all check the character box, while a chef’s kitchen with superior appliances, spa-like ensuite bathrooms, custom panelling, skylights, and accent walls in designer paint colours showcase modern touches. The principal living area is on the main floor with four bedrooms upstairs, and the lower level has two separate entrances, a family room, fifth bedroom, workshop area, mud room, laundry and storage.
97 — 3880 Westminster Hwy., Richmond


Type: Three-bedroom, three-bathroom townhouse
Size: 1,801 square feet
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B.C. Assessment: $1,185,000
Listed for: $1,269,000
Sold for: $1,272,000
Sold on: Jan. 23
Days on market in this listing: Six
Listing agent: Jessica Chen PREC and Jason Ng at Oakwyn Realty
Buyers agent: Howard Hu PREC at eXp Realty
The big sell: Richmond’s Terra Nova subdivision is home to Mayflower, a 157-unit townhouse complex that was built in 1997 in the city’s northwest corner near No. 1 Road. The three-level homes feature integrated side-by-side double garages, and access to a range of amenities including an outdoor swimming pool and hot tub, an exercise centre, a lounge/party room, and a playground. This particular home has high ceilings and an open-concept layout on the main floor, two spacious balconies, and a number of upgrades with a remodelled kitchen complete with island and a full appliance package, updated lighting, new carpets and hardwood floors. Additional big-ticket items provide peace of mind with a new roof, hot water tank, and a garage motor all installed within the past three years. A flexible lower-level recreation room could be used as a home office, gym, or fourth bedroom. The unit’s monthly maintenance fee is $459.02, and rentals are permitted with restrictions.
2822 Victoria Dr., Vancouver

Type: Six-bedroom, five-bathroom multiplex
Size: 3,215 square feet
B.C. Assessment: $1,872,000
Listed for: $1,549,000
Sold for: $1,550,000
Sold on: Jan. 27
Days on market in this listing: 11
Listing agent: Bob Bracken at ReMax Real Estate Services
Buyers agent: Justin Deng PREC at Sutton Centre Realty
The big sell: This five-suite income-generating property resides on Vancouver’s Victoria Drive just one block to John Hendry Park and the Trout Lake Community Centre as well as the amenities throughout Commercial Drive. Built in 1910, the home features licensed self-contained suites with updated kitchens, bathrooms, and electricals, and there are balconies to the front and rear. The top and ground floors have two one-bedroom units each while the main floor has a two-bedroom suite, plus there are separate laundry and utility rooms. The backyard contains a single carport and there are two open parking spaces. According to listing agent Bob Bracken, the current rental revenue is $6,050 per month but there is potential for more. The property sold just over the asking price in 11 days with five offers.
These transactions were compiled by Nicola Way of BestHomesBC.com.
Realtors — send your recent sales to nicola@besthomesbc.com