Vancouver’s luxury waterfront neighbourhood of Coal Harbour has 7 condo buildings on Bayshore Drive.
The first two were built in 1995 and are 1790 and 1710. The 2 waterfront buildings of 1717 and 1777 were built next, followed by 1680 and 1650. 1616 Bayshore is the newest and completed in 2007. Generally they are 2 bedrooms or larger.
The smallest condo in the 7 Bayshore Drive buildings start at 877sf. one bedrooms, and go to Penthouses which are over 5500sf. Most of them boast fabulous mountain and water views, with n.e. and n.w. exposures.
There have been 12 sales on Bayshore Drive so far this year, from $870,000 to $1,810,000. Average days on the market is 50 and sale price to list price ratio is 95%, with an average $psf of 878 and average sale price $ 1,217,000. Current listings – 24, resulting in 8 months of supply.
2009 had 37 sales on Bayshore Drive, from $600,000 to $2,980,000.Average days on market 100. Sale price to list price ratio 94%. Average $psf 866. Average sale price $1,382,000
2008 had 25 sales from $545,000 to $2,415,000. Average days on market 71. Sale price to list price ratio 93%. Average $psf 888 and average sale price $1,284,000.
2007 had 41 sales from $580,000 to $2,650,000. Average days on market 57. Sale price to list price ratio 96%. Average $psf 867 and average sale price $1,257
2002 and 2004 had the most sales for the year, clocking in at 52 and 54, including the pre-sales which were listed on MLS. In 2002 average sale price was $720,000!
I just sold my listing at 1616 Bayshore and the seller was kind enough to give me this testimonial
“This is a brief note of Recommendation in Respect and appreciation of Maggie Chandler who listed our condo.
As an individual she so impressed us during our initial meeting. Maggie had done her research and came well prepared with information on historical and active listings. She had extensive knowledge of the market not only in Coal Harbor but the downtown area so we had a good understanding of how sales were trending.
Maggie’s attention to detail gave us piece of mind knowing she was working in our best interest. She is a very hard working, diligent individual with very strong interpersonal skills. We were always kept up to speed on any activity or communications she was having with potential buyers.
Maggie went above and beyond our expectations and it was a true pleasure to have her as our agent. We would not hesitate to recommend Maggie to others.” Please call me if you are considering selling your bayshore drive condo. And if you wish to buy one!
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when you’re ready to buy or sell a Vancouver Penthouse, contact Maggie, an experienced realtor marketing Vancouver condos since 1981 2009 MLS Medallion Club Master Diamond Member
{ 1 comment… read it below or add one }
I am interested in renting a suite in any of the buildings on Bayshore Drive. I’m sure you have clients who are not planning on moving for awhile or have space available now and looking for a good tenant. We are a retired couple, no pets and non smokers and are between selling our family home and moving into Coal Harbour. I would appreciate hearing your feed back. Thank you Richard & Marilyn
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