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Westcoast Condominium
The Royal City has lots to offer condo hunters: a sense of history and community; great parks and amenities; homes old and new; and 101 active listings. That’s a relatively small number compared with the coming spring and its traditional silly season; what matters most to those who’ve been searching for a while are the newest listings. At the time of writing, 20 per cent of those active listings were newcomers that had joined the ranks within the past 10 days.
The Quay gets the nod for both the most affordable and the priciest of these new listings. A one-bedroom in Interurban was listed January 6 for $279,900 and a three-bedroom in The Riviera became available January 8 for $648,000.
Uptown
This New West neighbourhood is considered the heart of the city, extending from the crossroads of Sixth Avenue and Sixth Street. Choose a condo here and you’ll be within a short walk of the area’s shops and services. Uptown has 22 active listings, six of which meet our “recent” criteria. They include a one-bedroom home at 258 Sixth Street where the for sale sign went up January 12 for $299,000 and a two-bedroom at 580 Twelfth Street listed January 5 for $305,000.
A recent sale of a two-bedroom condo in the area’s Amara Terrace shows vendors willing to entertain offers. Listed at $269,500, it sold for two per cent under asking after 46 days on the market.
Queensborough
This tight-knit, park-filled island community has 12 active listings, all but one of which are on Salter Street. The outlier is on Hampton – a two-bedroom that was listed January 4 for $445,000. A massive 75 per cent of the homes being sold in Queensborough are in the new Portage complex which was completed last year. Prices here range from $309,900 to $622,900. The overall development consists of 111 condos and loft homes split between two character buildings located along the water’s edge. We hear buyers are loving the exposed brick feature wall that comes standard in every home.
New West Condo Market Snapshot