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Westcoast Condominium
No one likes to leave a neighbourhood they love and where their friends still live. Fortunately, there are condo choices in just about every community, so making the move to an apartment doesn’t mean you have to find a new doctor or learn to negotiate the aisles of a new grocery store. Over half of the current condo listings on the North Shore have at least two bedrooms. That means there’s enough space to get away from one another or have a family member stay over, but no more maintenance to worry about.
Current two-bedroom offerings in North Vancouver start at $289,000 and go to $1,748,000. In nearby (and pricier) West Van, the range runs from $418,000 to $3,888,000.
Capilano
Condos are a rare breed in this neighbourhood where the homes are predominantly bungalows and ranchers. All the current condo action is focused in Capilano Estates where two two-bedroom homes are newcomers to the market having been listed February 19 and 23. The prices are at North Van’s high end: $749,000 and $812,000.
We can’t be sure, but those two sellers may well have been galvanized into action by a recent sale in their complex. Another two-bedroom Capilano Estates condo spent 10 days on the market before selling for a whopping 19 per cent over its $799,000 list price.
Ambleside
This neighbourhood has long been a favourite with seniors and two-thirds of the area residents live in the high-rise towers that run along the waterfront. There are 25 active listings; just over half have two or more bedrooms. Of the two-bed options, the lowest price is $418,000 and the highest is $1,650,000. Most of these buildings are edging up in terms of age, but two are in Parkview Place, which was built in 2010.
Four recent sales in Ambleside offer reason for condo buyers to hope. Only one went for over asking with owners of that two-bedroom unit in Westerlies receiving just a touch over ($100) their asking price of $999,900. The other sellers settled for two or three per cent off their list price.
North Shore Condo Market Snapshot
