Vancouver house hunters with a tight budget may want to check out this condo building.
Rosemont Manor might just be the most affordable place to buy in the city.
Based on tracking by the real-estate information site fisherly.com, sales at the Mount Pleasant-area building have averaged less than $300,000 in the last two years.
The latest sale happened on January 15 this year, when Unit 205, a 478-square-foot home, sold for $275,000.
Blu Realty listed the place on December 10, 2020 for $305,500.
The listing was updated on January 15, with a reduced price of $298,500. A buyer came forward on the same day with a purchase price of $275,000.
Fisherly.com counts four sales starting from 2019, including the latest one.
The average price of the sales comes to $270,750.
Rosemont Manor is three-level development at 36 East 14th Avenue.
Prospective buyers should note that the title to the properties is leasehold pre-paid strata.
This means that this is a strata property where the lease has been paid in advance.
In the case of Unit 205, the lease has been paid until 2073.
According to the B.C. Condos & Homes site, Rosemont Manor was built in 1971.
Located west of Main Street, the building has 54 units.More