3420 West 5th Avenue, Vancouver



Asking Price: $868,000

Selling Price: $860,000

Taxes: $3,890 (2008)

Days on Market: 11

Listing Agent: Walter Wells, Sutton Group West Coast Realty



"Over 2,000 square feet of luxury living for only $860,000 is what made this half-duplex the hottest property in Kitsilano," agent Walter Wells says.

This 2,013 square foot, West Coast styled residence was constructed in 1983 and has maple and walnut hardwood flooring, vaulted ceilings, a wood-burning fireplace, five decks and a south-facing rear yard.

"Because it is a half-duplex, and not a single detached house, the new owner is able to enjoy the same amenities at almost half the price of a house," Mr. Wells says. "Plus, the location can't be beat."

The three-bedroom home is located across the street from McBride Park, which has tennis courts and baseball and soccer fields, as well as a children's playground. It's also within a five-minute walk of the beach, and shopping on 4th Avenue is just a block away, the agent says.

The half-duplex has a two car, attached garage, plenty of storage and a 13-by-12 foot recreation room in the basement.

Mr. Wells says his experience with this house tells him that there are still buyers out there looking for deals, especially in the right neighbourhoods.

"Prices have adjusted, but with over 60 people attending the open houses over each weekend, and with the property selling in just 11 days, the Vancouver market has certainly come alive for the spring," he says.