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Westcoast Condominium
An address on the North Shore is much coveted amongst Metro Vancouver residents. Who can blame us? Have you ever met someone who lives there who doesn’t love it? Condo hunters can take heart that the area’s number of listings is on the rise after the December doldrums and, even better news, median prices are coming down.
North Vancouver’s 133 listings start at $189,000 for a one-bedroom in Tudor Court in Central Lonsdale and go as high as $1,928,800 for a three-bedroom in Lower Lonsdale’s Mira on the Park. Looking at recent sales, the buyers of a one-bedroom unit in Central Lonsdale’s Tramore House got a great deal spending $237,500 – six per cent under the price listed when the condo went on the market five days earlier. Meanwhile the sellers of a two-bedroom home in Sky had plenty to celebrate. Their unit sold after a week for 10 per cent more than their $579,900 list price.
Upper Lonsdale
Long considered one of North Van’s most prestigious and sought-after neighbourhoods, Upper Lonsdale has four active condo listings. At $299,900, a one-bedroom in Lexington is the most recent to join the market and is the most affordable current option. A two-bedroom in Cedar Brooke Village is the most expensive. It was listed January 20 for $410,000.
There was a recent sale in the Lexington complex. A one-bedroom condo was listed January 12 for $289,000 and sold three days later for $284,000 (two per cent under asking).
Park Royal
If great views of Burrard Inlet and Stanley Park are what motivate you, check out the nine listings in this upscale neighbourhood. List prices range from $799,000 to $$4,388,000 and five of the homes are in brand-new or preconstruction buildings. Two of the most recent listings are in West Royal on Taylor Way; both are listed for $799,000 and came on the market on January 17 and 21.
There was a recent sale in Waters Edge Estates. After 115 days on the market, the two-bedroom condo sold January 25 for three per cent less than its $948,000 sticker price.
NorthShore condo market snapshot
