East Vancouver Basement Suite SOLD for HOW MUCH?
East Vancouver Basement Suite SOLD for $589,800!
Signs of a crazy real estate market? An East Vancouver basement suite selling for over half a million dollars? Yes, it's true! 5 years ago, you could purchase an entire house for that much. This basement suite located near Kingsway and Knight Street has: 2 bed, 1 bath and 1176 sf and sold for asking price: $589,800.
Now, lets take a look and see how this compares to other properties. Some might say they paid market rates as the purchase averages out to $500/sf. The finishings look top notch, see photos below. Would you pay what this buyer paid for this suite? Could this be a trend catching on?
For more information about basement suites or homes for sale, please Jennifer Chiu at 604-306-5120 or email at email@example.com.
Photos courtesy of MLS.ca