Fraserview home sees 21 offers in seven days, sells for $600K over asking

Mar 21 2021, 5:32 pm

Vancouver’s red-hot real estate market just saw another jaw-dropping sale.

Listed for $1,688,000, 7315 Rupert Street hit the market on February 23.

Seven days and 21 bids later, the home sold for $2.3 million – $612,000 over asking.

“It was really exciting. I think this was a record-breaking sale in the neighbourhood,” listing agent A.V. Sayson told Daily Hive Urbanized. “We were surprised that it got that popular.”

7315 Rupert Street, Vancouver. (A.V. Sayson)

7315 Rupert Street, Vancouver. (A.V. Sayson)

The two-level detached home features five bedroom and three bathrooms. It’s situated near ample green space, and is just steps from Fraserview Golf Course.

Sayson believes the main attraction wasn’t necessarily the home itself, which was built in 1965 and hasn’t been renovated, but the area in which it’s located.

7315 Rupert Street, Vancouver. (A.V. Sayson)

7315 Rupert Street, Vancouver. (A.V. Sayson)

“This is one of the best neighbourhoods in East Vancouver East to live in,” said Sayson, who is part of the RE/MAX Pinpoint Listings Team.

“The trend in the area is going upwards of $2,000,000. Or at least we’ve started that trend.”

He noted that Fraserview has received a lot of interest from builders as of late.

While Sayson doesn’t know what the new home owners have in mind for the property, he hypothesizes that a new luxury home could be in the works.

He said the sale has “definitely” been one of the highlights of his real estate career.

7315 Rupert Street, Vancouver. (A.V. Sayson)

7315 Rupert Street, Vancouver. (A.V. Sayson)

Sayson hopes another East Vancouver home listed with him will see similar success in the coming days.

“I should have another similar one hopefully sold by March 30,” Sayson said. “We’re hoping to break another record in the Fraserview neighbourhood.”

Zoe DemarcoZoe Demarco

+ Real Estate
+ Vancouver Homes
+ Urbanized
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