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Insane Tuesday: Top 10 Overpriced Vancouver

Insane Tuesday: Top 10 Overpriced Vancouver

Insane Tuesday: Top 10 Overpriced Vancouver
March 25
16:15 2014

$2,000,000

$2,000,000 CAD / 262 W King Edward Avenue, Vancouver, BC

For $2,000,000 CAD you can own this charming fixer-upper on King Edward Avenue about 10 minutes from Downtown Vancouver.  Chances are it will sell as a tear down, but if you do want to keep the home it offers 2,240 square feet with 4 bedrooms & 2 bathrooms.  It sits on a quaint 0.16 acre (6,944 square foot) lot.  The ad says, “Want an investment with positive cash flow return to carry you to the payout?”

$2,150,000

$2,150,000 CAD / 6610 Heather Street, Vancouver, BC

Listed $150,000 more than the previous property and about 13 minutes from Downtown Vancouver is this somewhat spooky looking rancher on Heather Street.  The ad says it’s in the very desirable West Side location and that there are many newer upscale homes in the neighbourhood.  It sits on a 0.16 acre (7,175 square foot) corner lot.  It can be yours for $2,150,000 CAD.

$2,200,000

$2,200,000 CAD / 6090 Oak Street, Vancouver, BC

Listed at $2,200,000 CAD is this brick, stucco, & wood rancher on Oak Street – about 11 minutes from Downtown Vancouver.  The current house is 3,512 square feet with 5 bedrooms & 1 bathroom but the ad says the 0.18 acre (7,933 square foot) lot can accommodate a townhouse development.

2250

$2,250,000 CAD / 157 W 49th Avenue, Vancouver, BC

A property so prestigious that it doesn’t even have a description.  It’s listed at $2,250,000 CAD and the only information the ad gives is that it’s 2,910 square feet with 12 bedrooms & 8 bathrooms on a tight 4,289 square foot lot about 13 minutes from Downtown Vancouver.

$2,370,000

$2,370,000 CAD / 4085 Ash Street, Vancouver, BC

This once beautiful 1930’s Vancouver home has a lived a life of neglection and is now trying to be offloaded as a tear down.  It was built in 1937 and offers 2,800 square feet with 6 bedrooms & 3 bathrooms on Ash Street.  It’s prime location only 7 minutes from Vancouver is likely what will bring the home down.  After all who in their right mind would put money into a beautiful heritage home when you can build new crap in its place.  It sits on a 0.15 acre (6,500 square foot) corner lot.  It can be yours for $2,370,000 CAD.

Untitled-1

$2,480,000 CAD / 125 W 41st Avenue, Vancouver, BC

This 1,850 square foot home sits on a 0.13 acre (5,572 square foot) lot and offers 2 bedrooms up & 2 bedrooms down.  It’s located about 12 minutes from Downtown Vancouver and close to Oakridge Mall, Canada Line, and Langara College.  It’s listed at $2,480,000 CAD.

248

$2,480,000 CAD / 154 W 41st Avenue, Vancouver, BC

Also listed at $2,480,000 CAD is this weathered 1950’s rancher offering just over 2,200 square feet with 3 bedrooms & 3  bathrooms.  It’s set on a 0.14 acre (6,202 square foot) lot about 12 minutes from Downtown Vancouver.  The ad says, “This is an excellent location for a new residential development.”

2680

$2,680,000 CAD / 133 W 41st Avenue, Vancouver, BC

Cute, charming, and pretty are all words that could be used to describe this quaint character home.  Sadly most potential buyers will be using the words tear down, develop, and sell.  It’s described as an old timer and offers 1,550 square feet with 4 bedrooms & 2 bathrooms.  It sits on a quaint 3,716 square foot lot just 12 minutes from Downtown Vancouver.  It can be yours for $2,680,000 CAD.  The neighbouring home to the right is listed at $2,480,000 CAD.

2680000

$2,680,000 CAD / 115 W 41st Avenue, Vancouver, BC

For $2,680,000 CAD you can buy this quaint 1,512 square foot stucco box about 11 minutes from Downtown Vancouver.  Centrally located, check.  Living the dream, definitely not.  The lot measures 33′ x 112.54′ (3,712 square feet), so tight that the agent had to take the listing photo from the neighbour’s front yard.

2688

$2,688,000 CAD / 815 W 15th Avenue, Vancouver, BC

Up for sale is one of the last heritage homes standing on a street full of stucco boxes.  Built in 1925 is this 3,000 square foot character home with 5 bedrooms & 2 bathrooms.  The ad says it’s priced at land value, and is situated on a “pretty tree-lined street and good neighbourhood.”  It sits on a 0.14 acre (6,250 square foot) lot about 8 minutes from Downtown Vancouver.

 

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