Spotlight: Condo of the Week
Not surprising, an uptick in apartment inventory on the North Shore this week as we roll into January and approach the beginning of a seasonal cycle of increased listings and sales. 26 new listings has brought the overall inventory in North Vancouver to 103, as of writing. As expected, there are some early signs of life across the water that is trickling across to the North Shore - with multiple offers, bidding wars and some sale prices well over asking. My opinion is that while supply still wanes, there will be continued movement upwards in the short term as demand increases - partially a result of the Government of BC's new down payment support program. Contact us today if you have any questions about the program, or are looking to buy on the North Shore.
Today's condo presents a good opportunity for both investors and first-time home buyers looking to get into the market but need more space than a one-bedroom. Located in Pemberton along the Marine Drive corridor, this two-bedroom and two-bathroom unit in the 2008 built Touchstone development is being offered for $520,000 ($584/sqft). This south facing corner unit features granite counters and stainless steel appliances in the kitchen, in-suite laundry, electric fireplace, and an open layout that offers great bedroom separation. Development continues to occur along Marine Drive, and you're but a few moments away from lots of shopping, dining options, Capilano Mall, and Harbourside Park with North Vancouver's largest fenced and off-leash dog park. Oh - and Everything Wine. Pets and Rentals Allowed!
Find more information on this listing at 305-1633 Mackay Avenue, Pemberton, North Vancouver.
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Listed by: Re/Max Masters Realty