The lowest-priced property listing in the Vancouver real-estate market today is not a home.
It’s a storage room.
A check last weekend and Monday (October 5) with the Realtor.ca site operated by the Canadian Real Estate Association shows that the storage is selling for $14,900.
The 70-square-foot property is located at the parkade of the Vancouver House, a mixed-use project by Westbank.
The Vancouver House features a curvy tower at the north end of the Granville Bridge.
The listing by property agent Benjamin Lim of The Residential Group Realty states that the storage room is a “huge upgrade from the typical storage cage locker”.
The catch is that only owners at the Vancouver House are allowed to make the purchase.
Lim has another and bigger storage room listing, also at the parkade of Vancouver House.
The 200-square-foot storage is priced at $69,800.
The room is temperature controlled, and has its own water and power supply.
According to the listing, a buyer can use it for a private wine cellar.
Like the other storage room, this one is exclusively available for Vancouver House owners.
Curious how much condos are selling for at the tower?
A current listing for a one-bedroom unit is priced at $725,000.
The 2210-1480 Howe Street condo unit listed by Mike Ross of the Rennie & Associates Realty Ltd. measures 482 square feet.