Quote:
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Madison area is actually really nice. View is great because there's nothing else around. Yet.
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Onni owns the block between Madison and Gilmore. The City of Burnaby is moving ahead with approving a comprehensive community plan for the development of that block. The views enjoyed along Madison Avenue will disappear over the next 10 years.
Quote:
Originally Posted by fliptuner
The market is moving so fast that even multi-family dwellings are getting over asking pretty much everywhere West of Abbotsford. Hell, even in PoCo, townhouses are +30% up in the last 3 months.
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Some recent sales of townhouses in the Tri-Cities.
Example one:
1980s townhouse on Shaughnessy was listed at 520K. Sold for 597K.
Example two:
2012 townouse in Burke Mountain was listed at 539K. Sold for 610K.
Example three:
2013 townhouse in Burke Mountain was listed at 525K. Sold for 575K.
Example four:
1990s townhouse in Westwood Plateau was listed at 649K. Sold for 749K.
Example five:
1980s townhouse off Mariner Way was listed for 614K. Sold for 700K.