Spotlight: Condo of the Week

March 3, 2017 | On The Market | By Matt Council

At $463,200, February was the second month in North Vancouver history that the MLS Home Price Index (HPI) crossed above the $460,000 mark (aparments), second only to August 2016's peak at $467,100.  Median sales price is up 17.6% year-over-year, and inventory continues to lag historical averages (130 active listings in February 2017 vs. 10-year average of 367).  Of note, Polygon's Juniper at Timber Court in Lynn Valley starts private sales this weekend before opening sales to the public.  Contact us now for more information on Juniper.

30 new listings this week brings total inventory as of March 3rd to 125 units.  This week is the first time we've looked at a unit in Lower Lonsdale's Versatile building, a 2013 constructed wood-frame building located on Lonsadle Avenue between 2nd and 3rd Street.  Offered at $649,000 ($732/sqft), this 2-bedroom, 2-bathroom unit spans approximately 886 sq/ft and provides a nice westerly outlook with Lonsdale corridor views to downtown from the balcony.  Featuring efficient in-floor radiant heat provided by Lonsdale Energy Corp, stainless steel appliances, in-suite laundry, storage locker and one parking space.  Rentals allowed.  As always with this Lower Lonsdale location, you are steps from dining, shopping, entertainment, and transit to downtown via the Seabus.

Find more information on this listing at 211-111 3rd Street East, Lower Lonsdale, North Vancouver.

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Listed by: Keller Williams Elite Realty


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