"Peekaboo ocean views": What a $350K home looks like in Vancouver (PHOTOS)
Anyone with even the slightest interest in purchasing a home likely knows the stakes in Vancouver, with prices being the highest in Canada, but what kind of home can you get on a budget?
We received some of the cheapest listings available to own in Vancouver last month, courtesy of Roomvu, and one of the homes for sale is just $350,000.
What kind of home does $350,000 get you in Vancouver?
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Meagan Baird/Oakwyn Realty
Listed by Meagan Baird and Oakwyn Realty, it is a one-bedroom, one-bathroom condominium near Stanley Park.
The condo features 601 sq ft of space, a balcony, and a reasonably spacious-looking layout.
Meagan Baird/Oakwyn Realty
The home inside this concrete building features what the listing calls “peekaboo ocean views” and a common area with a lounge atop the rooftop with more than just a peekaboo.
Meagan Baird/Oakwyn Realty
Building amenities include a pool, sauna, and even a gym, and the unit itself comes with a storage unit and a parking spot.
Meagan Baird/Oakwyn Realty
Location is always a central selling point, and this building is near the best cafes and shops the city offers.
Meagan Baird/Oakwyn Realty
On top of the $350,000 entry price, maintenance fees include property taxes, heat, and hot water.
Meagan Baird/Oakwyn Realty
To compare buying a home like this to renting in Vancouver, with a 20% down payment, you’d be looking at monthly mortgage payments of around $1,226 plus fees.
Meagan Baird/Oakwyn Realty
For $350,000, you could do worse, but is this worth the cost of buying over renting? Let us know in the comments.