Large Vancouver heritage house in desirable Grandview-Woodland neighbourhood will be turned into two suites
The 2,867-square-foot house has four bedrooms on the main floor and upper floor, and two bathrooms.This heritage house built in 1912 is in the desirable Grandview-Woodland neighbourhood on Vancouver’s east side, within walking distance to Trout Lake and schools.
The 2,867-square-foot house is situated on a standard 33- by 122-foot lot, with four bedrooms on the main floor and upper floor, and two bathrooms. There’s a legal two-bedroom suite in the basement, as well as a mature garden.One couple will live in the basement and half of the main floor, and the other will live on the third level and the other half of the main floor.The purchasers were two couples that entered into a 50/50 co-ownership agreement with a shared mortgage.
“They are taking this large heritage house in a great location and turning it into two solid livable suites, and taking advantage of that to bring their price point down instead of paying $1,100 per square foot for half a duplex or a townhouse,” Mr. Dolgin says.Mr. Dolgin said the couples met while attending one of his East Vancouver co-ownership property tours.
“They connected, the timing was right. They wanted the same location, the budgets were similar,” he says. “There was some negotiation around the price.”
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