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Fraser Street House Price Comparisons - Property Sales in Fraser Street, Vancouver

By Nicola Way - Special to the Sun. Copyright (c) The Vancouver Sun


EASTSIDE BASEMENT SUITE A MORTGAGE BEATER

Vancouver

750 East 38th Avenue

Type: Detached, 5 bed, 2 bath

Size: 2,063 sq.ft.

BC Assessment, July, 2009: $560,500

Listed for: $649,000

Sold for: $658,000

Sold on: July 3

Days on market: 25

Listing agent: Lorne Goldman at Macdonald Realty Ltd.

Buyers agent: J. Paul Toffoli at TRG - The Residential Group Realty

The big sell: Situated just off Fraser, this 1957 rancher sold for $9,000 over the asking price, perhaps in part because of a rare commodity: a basement that is larger than the main floor and which contains an updated three-bedroom suite, a feature that provides an opportunity for the owner to significantly reduce mortgage payments. The home is on a 33-by-122-square-foot lot. The main level has two bedrooms, a spacious living room and electric fireplace, an open kitchen with granite countertops and separate eating area, and hardwood floors throughout. A resurfaced sun-drenched southfacing deck overlooks the rear garden. This is a quiet stretch of Fraser Street, opposite Mountain View Cemetery, and close to a host of shops just south of 41st Avenue.



These transactions were compiled by Nicola Way of BestHomesBC.com and AssignmentsCanada.ca