A well-maintained East Vancouver property featuring three income-generating rental suites recently changed hands for $1,625,000, surpassing its listing price of $1,598,000. The eight-bedroom, three-bathroom detached home at 1621 Adanac Street attracted five offers, according to buyers' agent Bob Bracken of ReMax Real Estate Services.
The house, which had been owned by the same family since it was purchased from the builder 70 years ago, has undergone significant upgrades. Recent improvements include a newer roof and windows, modernized kitchens, a heat pump with air conditioning, and upgraded electrical, gas line, and furnace systems. The property spans 2,854 square feet and holds a B.C. Assessment value of $1,615,100.
Located near Commercial Drive amenities and adjacent to Woodland Park, the home offers three separate rental suites: three-bedroom units on the top and main floors, and a two-bedroom unit on the lower floor. A shared utility room with laundry services all units. The top two floors provide city views and private outdoor space, while open parking is available at the rear.
Listing agent Dickson Yau of 1NE Collective Realty represented the seller. The sale closed on March 3 after just eight days on the market.
Additional Recent Sales in Metro Vancouver
10331 Mortfield Rd., Richmond
This four-bedroom, three-bathroom detached home in Richmond's South Arm district sold for $1,525,000 after being listed at $1,699,000. The 3,307-square-foot residence, built in 1981, features four spacious upstairs bedrooms plus an office/recreation room that could serve as a fifth bedroom. The ground level includes a tiled foyer with a semi-circular staircase, a living room with bay window and gas fireplace, a kitchen with eating area between formal dining and family rooms, and corridor access to an attached double garage. The garage area includes a laundry room, utility room, full bathroom, and sauna. The 7,335-square-foot lot features mature landscaping and both covered and open patios. The property sold on March 16 after six days on the market.
1 – 301 Klahanie Dr., Port Moody
A three-bedroom, three-bathroom townhouse in Port Moody sold for its full asking price of $1,349,900. The 1,751-square-foot home, with a B.C. Assessment of $1,266,000, represents a well-priced option in the competitive Metro Vancouver market.
