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This trash heap in Vancouver could be yours for $3.9 million

Sitting atop 6,000 square feet, the home was built in 1912, later destroyed by fire
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For $3.9 million, this property could be yours. (PROMERITA REALTY CORP.)

No, the joke isnB次元官网网址檛 in the fine print.

What appears to be a dumping ground in Vancouver is selling for the sweet price of $3.9 million.

Located at 2573 West 3 Ave., the home is described by Promerita Realty Corp. as a B次元官网网址渧ery rare development opportunity to custom build your next dream home in the desired Kitsilano area!B次元官网网址

Sitting atop 6,000 square feet, the three-storey house was built in 1912. But a three-alarm fire in 2017 caused the roof to collapse, in addition to water and smoke damage.

Its latest assessed value, before the fire, was $3.713 million. The home itself accounted for $10,000 of that sum.

In its quarterly report, the BC Real Estate Association said Tuesday housing prices remain high while buying activity is stagnant as the market continues to be affected by stress-test mortgage qualifying changes in January.

B次元官网网址淲hile these rules have had a negative effect on housing demand across the country, the impact has been especially severe in B.C.B次元官网网址檚 large urban centres because of already strained housing affordability,B次元官网网址 the report said.

HereB次元官网网址檚 what roughly $3 million can buy in other parts of B.C.:

All housing prices listed, as reported by



About the Author: Ashley Wadhwani-Smith

I began my journalistic journey at Black Press Media as a community reporter in my hometown of Maple Ridge, B.C.
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