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Sold (Bought): South Granville apartment building finds new owner

Beth McCandry

  1. homes
  2. condos
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The Catalpa was built in 1961 on West 10th Avenue, two blocks west of amenity-rich Granville Street

This apartment building located at 1626 West 10th Avenue, in Vancouver, sold for $6,650,000 on March 3.This apartment building located at 1626 West 10th Avenue, in Vancouver, sold for $6,650,000 on March 3. Photo by Supplied by Bob Bracken /PNG

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Weekly roundup of three properties that recently sold in Metro Vancouver.

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1626 West 10th Ave., Vancouver

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Type: 15 Units, Multi Family Commercial

Size: 9,000 square feet

BC Assessment: $5,202,000

Listed for: $6,980,000

Sold for: $6,650,000

Sold on: March 3

Days on market in this listing: 205

Listing agent: Bob Bracken and Gurdial (Dale) Badh at ReMax Real Estate Services

Buyer’s agent: Brett Aura at TRG Commercial Realty

The big sell: From the listing date to the completion date, the sale of this 15-unit apartment building in Vancouver’s South Granville neighborhood took approximately one year. The Catalpa (named after the distinctive 100-year-old heritage Catalpa tree in the front yard) comprises three walk-up stories and 15 licensed self-contained studio suites with their own kitchens and bathrooms, hardwood floors and either balconies or patios. Built in 1961 on West 10th Avenue, two blocks west of amenity-rich Granville Street, the property sits on a 50-by-125-foot RM-3 zoned lot with a south-facing rear aspect and five parking spaces off the lane. Listing agent Bob Bracken reports that the building currently generates a gross income of $217,104 per year from long-term tenants with approximately $200 income per month from communal coin laundry.

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301 – 3088 Highland Blvd., North Vancouver

A two-bed, two-bath unit in this North Vancouver building sold for $1,025,000 on May 31. A two-bed, two-bath unit in this North Vancouver building sold for $1,025,000 on May 31. Photo by Supplied by Virani Real Estate A /jpeg

Type: Two bedroom, two bathroom apartment

Size: 1,082 square feet

BC Assessment: $865,000

Listed for: $1,098,900

Sold for: $1,025,000

Sold on: May 31

Days on market in this listing: 35

Listing agent: Haneef Virani at Virani Real Estate Advisors

Buyer’s agent: Clare Arnold at ReMax Clara Hartree

The big sell: Highland House is a boutique owner-occupied 11-suite complex located in the heart of Edgemont Village with dining options, grocery stores and other conveniences readily available on the doorstep. Constructed in 1997, it has an age restriction of 55 years plus for at least one occupant per unit, and a strata that permits pets. Situated on the uppermost floor, this penthouse-level home enjoys panoramic mountain views, skylights complete with shades, a white kitchen with matching appliances that overlooks the adjacent dining area, a gas fireplace in the living room, an insuite washer and dryer, and a primary bedroom with a large walk-in closet, ensuite bathroom and private entrance to the balcony. The home comes with a parking stall in the underground garage, a storage locker, and a monthly maintenance fee of $550.24.

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119 – 3323 151 St, South Surrey

This two-bed, two-bath condo in South Surrey sold for $665,000 on July 11. This two-bed, two-bath condo in South Surrey sold for $665,000 on July 11. Photo by Supplied by Michael Ragosin. /jpeg

Type: Two bedroom, two bathroom apartment

Size: 1,006 square feet

BC Assessment: $593,000

Listed for: $649,800

Sold for: $665,000

Sold on: Jul 11

Days on market in this listing: 11

Listing agent: Michael Ragosin at Sutton Group – West Coast Realty

Buyer’s agent: Deep Sran at SRS Panorama Realty

The big sell: This two-bedroom condo extolls all the bells and whistles that comes from being a former show suite. Forming part of Polygon’s master-planned Harvard Gardens development set within Morgan Creek and situated in the Kingston House building, it features crown and cove base moldings, wainscot panelling, built-in cabinetry, a recessed space above the electric fireplace for a 75-inch television (which is included), a custom mantel, and plenty of natural light thanks to an abundance of windows from its corner end position. The home has a layout in excess of 1,000 square feet and a walk-out patio which is partly covered. It comes with two parking stalls, a storage locker, and a monthly maintenance fee of $448.35. The complex’s resort-style amenities include a swimming pool, fitness room, an indoor basketball court, games room and guest suite.

These transactions were compiled by Nicola Way of BestHomesBC.com.

Realtors – send your recent sales to [email protected]

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