East Van Townhomes and Half Duplexes: Market Update for December 2013

10.12.2013

The East Vancouver townhome and half duplex market also remained steady over last month, after seeing an increase in activity over last year. The Average and median prices hover around $630,000 for an, on average, 1300 sqft home. A good majority of the homes sold were 3 bedrooms homes as developers are focusing on families who need extra space and bedrooms. One third of the sales this past month were units built in 2012 or 2013, and having worked with clients who purchased the last remaining townhome unit in a recently completed complex near Commercial Drive, I know that this market has a lot of interested Buyers. The location, and number of bedrooms one the same level are key factors in families choosing their new home.

Rob_Zwick_VE_Townhomes

East Van Townhomes and Half Duplexes for Sale

The least expensive East Van townhome sale was a great unit at Georgia and Salsbury Drive just east of Commercial Drive. This 638 sqft 1 bedroom unit isn’t a typical townhome, but it does have a townhome like entrance. With in suite laundry, a large patio, parking, and storage in a fully rainscreened building, this Buyer got a great deal. This East Van townhome was listed for $319,900 and sold 1 month later for $310,000.

One of the newly developed townhomes that sold was in the 5 unit O2 complex at Commercial St near East 21st. This 1168 sqft home has 2 bedroom and a den, 2 bathrooms, high end finishings, patios and more. This is a bright, open concept space perfect for a growing family. Listed for $608,800, this townhome sold for asking price 1 month later.

The most expensive East Van half duplex sale was a rustic contemporary home built in 2013. It features 1356 sqft with 3 bedrooms and 2.5 bathrooms, open concept living with lovely details like wainscotting, brick fireplace and more. This East Van Half Duplex was listed for $899,000 and sold 43 days later for $850,000.

Click to view all East Van Townhomes for Sale and East Van Half Duplexes for Sale, or let us know if you’re interested in buying or selling in this market.

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