Late April Picks by Roomvu
Every 2 weeks, our staff puts together a list of properties worthy of taking a peek at. Why? Because these properties are listed below their government assessment value, under 1 million dollars, and fresh in the market. Scroll down for our top picks.
How does the BC government calculate assessed values?
BC Assessment, a government organization, analyzes each property’s unique factors, just like how a home buyer would consider a potential home. These factors include and are not limited to:
- Size
- Layout
- Shape
- Age
- Finish quality
- Number of garages
- The condition of the building
- Services in the area, location, views
- Neighbourhood
- Recent sales of properties with similar characteristics
- For more, please click here
Courtesy of Melissa Wu PREC*
This is a 5 bedrooms, 2 bathroom House listed for sale by agent Melissa Wu PREC* of Maxcel Westcoast Realty Ltd. They are asking $999000 while the assessed value for this property is $1500200.
This property features:
A Rare find in Vancouver East. This amazing property sits on 49.5 * 110 corner lot. Charming 5-bedroom character house situated on a large flat corner lot in the Renfrew area with NE exposure. Close to transit, schools, shopping, library, community center and all utilities. and only 15 minutes from Downtown. The rental income is about $3000 per month. School catchment: Dr. A.R. Lord Elementary; Templeton Secondary. Showing by appointment. All offer present at 4 pm on April 4th, 2019.
2. 749 E 39TH AVENUE: $938.00K (-30.10% of assessed value)
Courtesy of Lorne Goldman PREC*
This is a 4 bedrooms, 2 bathroom House listed for sale by agent Lorne Goldman PREC* of Macdonald Realty. They are asking $938000 while the assessed value for this property is $1342000.
This property features:
Diamond in the ruff! An undiscovered gem with big potential! This handyman special is perfect for investors, families, or both. Residents here enjoy a walking score of 83/100 & a biking score of 100/100. Located on a quiet tree-lined street with close proximity to schools, restaurants, shopping and transit. When convenience is everything, this is where you want to be. Beyond the benefits of the super location, there are a potential rental suite in the basement, double glazed windows installed in 2002 and a roof replaced in 2004 not to mention potential increased FSR with redeveloped. This south facing home is waiting for your renovation ideas or keep as an excellent investment. The city of Vancouver has deemed the property does NOT have character merit!
3. 1709 ONTARIO STREET: $999.99K (-21.75% of assessed value)
Courtesy of Christopher Chiu PREC*
This is a 2 bedrooms, 3 bathroom Townhouse listed for sale by agent Christopher Chiu PREC* of TRG-The Residential Group Rlty. They are asking $999999 while the assessed value for this property is $ 1278000.
This property features:
A townhome with room to grow in Olympic Village! This 2 bed, 3 bath townhome in The One features an additional family room that can easily be used as a 3rd bedroom/guest room. Featuring engineered hardwood flooring, high-end stainless steel appliances, and a large walk-in closet off the master bedroom. This is the perfect townhome for summertime entertaining – with air conditioning, 2 patios, and an outdoor pool in the building. Other amenities include a fitness center, hot tub, sauna, garden, and playground. Enjoy being in the heart of one of Vancouver’s favourite communities, just steps from the Seawall, Canada Line, Expo Skytrain station, Science World, parks, breweries, and dining. Don’t miss this one!
4. 3309 1239 W GEORGIA STREET: $599.00K (-20.48% of assessed value)
Courtesy of Milad Khavari PREC*
This is a 0 bedrooms, 1 bathroom Condo is listed for sale by agent Milad Khavari PREC* of RE/MAX Masters Realty. They are asking $599000 while the assessed value for this property is $753300.
This property features:
The VENUS, situated in the prestigious Coal Harbour area. Rare opportunity to own this east facing high-level floor, open concept with recent upgrades. It has a beautiful water, city and mountain view, super bright and functional floor plan, featuring 9ft ceilings, floor-to-ceiling windows, an open kitchen with gas stove. With a heritage building in front, you’ll be guaranteed to not lose your view in the future. World Class/Resort Style Amenities Including 24 Hour Concierge, Guest Suite, Pool & Spa, Conference Rooms. Close to Seawall & Marina, Stanley Park, Robson Street Shopping, Urban Fare. Comes with 1 parking.
5. 507 688 FAIRCHILD ROAD: $798.00K (-19.96% of assessed value)
Courtesy of Jack Hunter
This is a 2 bedrooms, 2 bathroom Condo listed for sale by agent Jack Hunter of Sutton Group-West Coast Realty. They are asking $798000 while the assessed value for this property is $997000.
This property features:
Fairchild Court. Spacious (1058 sqft) two bedroom and flex space suite in a well maintained concrete strata building in popular Oakridge area. Nice and bright with two full baths, fireplace, balcony and one underground secure parking stall. Bring your renovation ideas. The building has recently completed major exterior work and is still under warranty. You will enjoy the indoor pool, hot tub, recreation facility and caretaker. Unbeatable location is adjacent to Oakridge Mall and subway line. Call now!
6. 306 1055 HOMER STREET: $699.90K (-19.55% of assessed value)
Courtesy of Jen Harvey PREC*
This is a 2 bedrooms, 1 bathroom Condo listed for sale by agent Jen Harvey PREC* of Keller Williams Realty VanCentral. They are asking $699900 while the assessed value for this property is $870000.
This property features:
Quiet and private 2-bed unit in Yaletown’s coveted Domus building. This efficient A-plan unit has an office, den/solarium, and covered balcony, facing the quiet tree-lined laneway on the quiet side of the building, with just one flight of stairs to the lane side lobby. The high-end open kitchen features black granite counters, large island, Bosch appliances, gas cook-top and built-in oven. Large bathroom with soaker tub and separate shower. Building amenities include full gym, guest suite, lounge, steam and sauna, common gardens, and on-site caretaker. Open House Sat/Sun April 13+14th 2-4pm
7. 1113 MCLEAN DRIVE: $888.00K (-19.02% of assessed value)
Courtesy of Michelle Yu PREC*
This is a 3 bedrooms, 1 bathroom House is listed for sale by agent Michelle Yu PREC* of RE/MAX Real Estate Services. They are asking $888000 while the assessed value for this property is $1096600.
This property features:
Being sold as land value only. Desirable Grandview neighbourhood! Original bungalow with a functional layout and a spacious backyard. This location is very walkable. Close to Grandview Park and Commercial-Broadway Skytrain Station. Across the street are Britannia Elementary and Secondary School. This property is within the Grandview-Woodland Community Plan. Can live in or hold for future redevelopment.
8. 4949 CULLODEN STREET: $998.88K (-18.12% of assessed value)
Courtesy of David Scarr
This is a 2 bedrooms, 1 bathroom House listed for sale by agent David Scarr of Royal LePage Westside. They are asking $998888while the assessed value for this property is $1220000.
This property features:
Family-friendly Cedar Cottage neighbourhood is the tranquil and picturesque setting of this charming updated (2008) two bedroom, one bath rancher. Roof, windows, kitchen and bathroom were renovated and the single garage provides a great option for storage. Landscaped, sunny, western exposed backyard is ideal for entertaining and kids can choose either Kensington or Grays Parks for outdoor activities. An excellent alternative to strata living and/or fantastic holding property for a future new home. Seeing is believing and the investment potential of owning a 33 ft lot in the city is obvious. OPN HSE: Thur Apr 11 5:30-6:30pm OPN HSE: Sat, Apr 13, 2-4pm
9. 902 2350 W 39TH AVENUE: $998.00K (-16.97% of assessed value)
Courtesy of Jamie Hooper
This is a 2 bedrooms, 2 bathroom Condo listed for sale by agent Jamie Hooper of RE/MAX Crest Realty. They are asking $998000while the assessed value for this property is $1202000.
This property features:
Live in this spacious beautiful 2 bedroom, 2 bathroom + sunny South facing balcony suite in the very heart of Kerrisdale! Enjoy beautiful views facing the city, mountains, and water from your balcony! Located only a few minutes away from the local shops, restaurants, and cafés in the neighbourhood of Kerrisdale, this location is prime! Enjoy the building’s amazing facilities, including a colourful garden, a green lawn and an outdoor pool. Includes 2 underground parking stalls side-by-side and a spacious secured storage locker.
10. 108 1279 NICOLA STREET: $638.00K (-16.82% of assessed value)
Courtesy of Duncan Brown
This is a 1 bedrooms, 1 bathroom Townhouse listed for sale by agent Duncan Brown of Stilhavn Real Estate Services. They are asking $638000 while the assessed value for this property is $767000.
This property features:
OPPORTUNITY KNOCKS! “GREAT BONES” IN AN AWESOME LOCATION, A 905 SQ FOOT TOWNHOUSE JUST TWO BLOCKS FROM THE BEACH. The real value here. Enjoy heaps of living space on 2 levels – currently set up as an oversized one bedroom, with the potential to convert to create two large bedrooms if preferred. Pretty courtyard entry/outlook. Sunny southwest exposure. 11′ x 9′ walled patio. Wood burning fireplace. In-suite laundry. Move in or rent out as is, with the opportunity to add much more value given the price per square foot. THE COMPLEX – Ocean Vista – just 18 homes, concrete block construction with partial rainscreen. Pets (2) and rentals (min 6 months) ok. Parking/locker. Fantastic West End location, steps to Sunset Beach, Davie Street and English Bay. Everything at your door!
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