Investor pays over $2.1 million for unlivable Vancouver home with “sustained smoke and water damage”

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      As the listing states, this home on the West Side of Vancouver is “not livable”.

      The 91-year-old residence with four bedrooms and two baths has “sustained smoke and water damage”.

      But 6408 Vine Street is good to “hold for investment”.

      The 33- by 125.6-foot lot would be ideal to “build your dream home”.

      The property is on a “beautiful tree lined” street near West Boulevard and West 49th Street.

      It’s in the “prime” neighbourhood of Kerrisdale.

      Based on tracking by real-estate site, 6408 Vine Street was listed on the market on October 25.

      The asking price was $1,680,000, which was below the 2021 assessment.

      It has a 2021 assessed value of $1,958,300.

      After 11 days, a buyer came forward and offered a price over asking.

      On November 5, the property with an unlivable home sold for $2,150,000.

      Zealty notes that the purchase was 28 percent over the asking price of 6408 Vine Street. 

      How 6408 Vine Street looks from the outside.
      Another look inside the unlivable Kerrisdale home.