Yes folks, they sell everything in Vancouver, from homes to storage lockers to parking stalls.
And as the Straight reported at the start of this year, the least priced deals made in 2020 did not involve houses, but storage spaces and parking spots.
In fact, one car stall in Yaletown was recently sold for $38,250.
Parking spot number 33 at 1233 Pacific Boulevard got sold on June 8, 2021 after spending 29 days on the market.
This may be an indication that there is demand for parking spots downtown.
However, the final selling price of $38,250 was below both the asking price $39,500 and the stall’s 2021 assessed value of $45,900.
The 124-square-foot spot is good for a small car.
The adjacent parking stall, which is number 34, previously sold on April 30 this year.
Slightly bigger at 146-square-foot, the space went for $41,500.
The selling price was below the asking price of $43,000 and the 2021 assessed value of $45,900.
Parking stall number 34 spent only four days in the market before a purchaser picked it up.
The 1233 Pacific Boulevard strata does not require buyers to live in the building.
However, they are required to pay a monthly maintenance fee of $47.20.
Real-estate information site Zealty.ca tracked the two transactions.