Investor sells Burnaby rental
2345 Madison Ave., unit 1902, Burnaby, B.C. BRENTWOOD
Asking price: $575,000 Selling price: $565,000 Days on market: 22 Taxes: $1,956.94 Maintenance fee; $250.66 Listing agent: Keith Roy, Re/Max Select Realty
THE ACTION The unit had been rented out, but when the tenant gave notice the owner decided to sell, listing agent Keith Roy said.
Mr. Roy held two weekends of open houses and received one offer. The purchaser is a firsttime buyer who plans to live in the unit.
WHAT THEY GOT This one-bedroom-plus-den unit is in an 11year-old building, a few minutes walk to the Sky Train and Brentwood Town Centre.
The 639-square-foot unit has an electric fireplace, hardwood floors, granite counters, floor-toceiling windows and south-facing balcony. The building has an indoor lap pool, hot tub, exercise centre and media room.
THE AGENT’S TAKE The sale succeeded partly because the tenant was helpful, Mr. Roy said. “Selling tenanted properties is often difficult,” he said. “Tenants don’t have a vested interest in selling homes, so they don’t always keep places clean or make it easy to access and show potential buyers.”