83 - 488 Furness St, Queensborough

Portside by Anthem

Portside, a waterfront townhouse project by Anthem

Portside, a waterfront townhouse project by Anthem

4 Bedrooms | 3.5 Baths | 1545sf | Side-By-Side Garage | Sold Price: Please Inquire

I always believe that things happen to a person for a reason. In the case of my Buyer, she was able to snag this beauty (one of the last available units in the first phase) all by chance. Large-size townhomes are an extremely sought-after product in a city where detached home prices are commonly found to be 1.5 million dollars and up.

Families in Vancouver now have to deal with much smaller spaces if they want to set roots here. Building space is very limited and the only way to increase housing supply is to build up — keep on stacking! Be it condo or townhouse, stacking seems to be one of the solutions to increase density.

When it comes to townhomes, ground level non-stacked townhomes are the most desirable because nobody lives above you or below you. It’s the next best thing to a detached house. Naturally, such an in demand product will experience price increases. A new 1500sf townhouse in Vancouver can easily cost a buyer a 1 million dollars and much more.

Because of quick action, my Buyer was able to secure this unit under $800,000!