Any one who thinks the Vancouver Real Estate market is in a bubble should think again. Today a single family lot sold in Kitsilano for $230,000 over asking price with more than 20 offers to purchase. The 33 foot wide lot, located at 3279 West 3rd Avenue, allows for a duplex to be built under the RT-8 zoning. 5 of the 20 offers were greater than $1.3m. The asking price for the property was $1,098,000.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Post Your Comment: