View Single Post
Old 03-24-2016, 09:29 AM   #5443
Tapioca
OMGWTFBBQ is a common word I say everyday
 
Join Date: Apr 2001
Posts: 5,201
Thanked 2,793 Times in 1,246 Posts
Failed 81 Times in 54 Posts
Quote:
Originally Posted by fliptuner View Post
We recently checked out a few places in the ~600k range, thinking ~700k would probably do it - all sold close to 800k. For people looking for homes, it's not worth the stretch and even for investors, there's no meat left on the bone - it's ridiculous.
Check out this gem in Klahanie, Port Moody:

36 100 Klahanie Drive - r2048841 : Port Moody Townhouses, Port Moody Townhomes : Portmoodytownhouse.com

1400 square foot townhouse for 850K. It's been staged very well, I'll admit, but for the square footage and the layout, it's ridiculous. It's a cookie-cutter Polygon rowhome, after all. But, with the way the market is going these days, someone will buy it. Klahanie is probably one of the best communities outside of Vancouver/Burnaby/Richmond.
Tapioca is offline   Reply With Quote
This post thanked by: