As seen in...
Westcoast Condominium
Looking to downsize and open to relocating? Heading south can be a great option for seniors seeking more sunshine and less urban rush. And, moving into a condo doesn’t mean you have to compromise on space. You may even find yourself a home with many more amenities than you ever even dreamed of during your detached house days. The Richmond, Ladner and Tsawwassen areas offer plenty of choices for condo hunters and well over half (60 per cent) of current listings have at least two bedrooms.
Cliff Drive
Tsawwassen is a gem. Most of us know it as we speed by on the way to catch a ferry, but there’s a strong sense of community among the neighbours including in the Cliff Drive area. There are 23 active listings here, including 17 with two bedrooms (after all, you want people to be able to visit). The two-bedroom units range in price from $279,500 for a home in Magnolia to $999,900 for a preconstruction unit in Tsawwassen Springs that should be ready for you in 2017.
At least three Cliff Drive condos have been sporting sold signs recently. One, a two-bedroom in The Oliva, spent 20 days on the market before the owner accepted an offer right at asking ($388,000). The other two owners may have been less pleased. A Windsor Woods unit went one per cent under its $369,900 list price, while a Sunland Plaza home went for $219,500 – four per cent under asking.
Steveston South
It’s as far south and west as you can go in Richmond and it’s a popular destination for people from all over Metro Vancouver. Steveston has 22 active condo listings – half have two bedrooms. These range in price from $239,900 for a home in Bayside Court to $725,000 for one in The Village at Imperial Landing.
Condo sales are steady, but two recent two-bedroom condo transactions indicate a market that seniors will appreciate. Both homes went for under asking. A home in London Station 1 sold for $570,000 – one per cent below list after 76 days on the market. A home in Westwater Views took 21 days to sell at two per cent less than its $479,900 price tag.
Richmond Condo Market Snapshot
