Vancouver’s skyrocketing real estate market is no secret, but even in a market as madcap as ours this latest listing has us wondering just how unaffordable this city is becoming.
The listing is for a two-bedroom home at 2348 Oliver Crescent in Arbutus that will set you back a cool $3.8 million. The family home, which comes with a basement mortgage helper, is being listed through realtor David Richardson, on his Colour of Real Estate website.
So what’s so special about this spot that it will cost you the best part of $4 million? Not much as far as we can tell.
At 65 years old, it’s hardly heritage, and judging by the pictures it’s certainly nothing special to look at. Perhaps it’s the lot size that’s attractive – while the house is 2,118 square feet, you get a total of 6100 square feet once the front and back gardens are included.
Or perhaps it’s the location – within the Trafalgar and Prince of Wales school catchment areas.
Either way, who can afford this? Certainly not us. Here are some more photos to, er, tantalize you.