Vancouver University Endowment Townhouses for Sale - MLS Listings
TH1 5410 Shortcut Road
Vancouver
V6T 0C8
$3,500,000
Residential
beds: 4
baths: 4.0
2,045 sq. ft.
built: 2021
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3050908
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 2021
- Photos (6)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
- Property Type:
- Residential
- Dwelling Type:
- Townhouse
- Home Style:
- Three Or More Levels
- Ownership:
- Leasehold prepaid-Strata
- Common Interest:
- Condominium
- Manufactured Type:
- Signup
- Year built:
- 2021 (Age: 4)
- Living Area:
- 2,045 sq. ft.
- Floor Area - Unfinished:
- Signup
- Floor Area - Detached 2nd Residence:
- Signup
- Building Area - Total:
- 2,045 sq. ft.
- Levels:
- Three Or More
- Rainscreen:
- Signup
- Bedrooms:
- 4 (Above Grd: 4)
- Bathrooms:
- 4.0 (Full:3/Half:1)
- Kitchens:
- Signup
- Rooms:
- Signup
- Taxes:
- $7,089.59 / 2025
- Lot Frontage:
- 0'
- Lot Details:
- 0 x
- Exposure / Faces:
- Signup
- Rear Yard Exposure:
- Signup
- Outdoor Area:
- Garden
- Pad Rental:
- Signup
- # or % of Rentals Allowed:
- Signup
- Water Supply:
- Signup
- Plan:
- EPS7731
- Construction Materials:
- Concrete, Concrete (Exterior), Stone (Exterior)
- Foundation:
- Signup
- Basement:
- Signup
- Full Height:
- Signup
- Crawl Height:
- Signup
- Roof:
- Signup
- No. Floor Levels:
- 3.0
- Floor Finish:
- Signup
- Floor Area Fin - Above Grade:
- Signup
- Floor Area Fin - Above Main:
- 774 sq. ft.
- Floor Area Fin - Above Main 2:
- 450 sq. ft.
- Floor Area Fin - Main:
- 767 sq. ft.
- Floor Area Fin - Below Main:
- Signup
- Floor Area Fin - Below Grade:
- Signup
- Floor Area Fin - Basement:
- Signup
- Floor Area Fin - Total:
- 2,045 sq. ft.
- Heating:
- Signup
- Cooling:
- Central Air, Air Conditioning
- Patio And Porch Features:
- Patio
- Parking Features:
- Underground, Front Access, Garage Door Opener
- Parking:
- Underground
- # Of Parking Spaces - Total:
- Signup
- # Of Covered Spaces:
- Signup
- Parking Total/Covered:
- 4 / 4
- Flood Plain:
- Signup
- Suite:
- Signup
- Garden
- Central Air, Garden, Laundry In Unit, Bike Room, Day Care
- Bike Room, Day Care, Other
- Shopping Nearby
- Security System, Smoke Detector(s), Fire Sprinkler System
- 2
- Air Conditioning, Garage Door Opener, Window Coverings, Security System, Smoke Detector(s), Fire Sprinkler System
- Air Conditioning, Dishwasher, Refrigerator, Microwave, Laundry In Unit, Bike Room, Cooling
- Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
- In Unit
- Window Coverings
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Council Approval:
- Signup
- Income Per Annum:
- Signup
- Oper. Expenses:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- $1,009.77
- Age Restrictions:
- No
- Tax Utilities Included:
- false
- By-Law Restrictions:
- Pets Allowed With Restrictions
- Dist to Public Trans:
- Signup
- Dist to School Bus:
- Signup
- Property Disclosure:
- Signup
- Fixtures Leased:
- Signup
- Fixtures Removed:
- Signup
- Pets Allowed:
- Cats OK, Dogs OK, Yes With Restrictions
- Cats:
- Cats OK
- Dogs:
- Dogs OK
- # Units in Development:
- 140
- Home Owners Association:
- Yes
- Land Lease:
- Yes
- Zoning:
- Signup
- Access to property:
- Signup
- Utilities:
- Community, Electricity Connected, Natural Gas Connected, Water Connected
- Telephone Service:
- Signup
- Fencing:
- Signup
- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Plumbing Details:
- Signup
- Sketch Attached:
- Signup
- Restrictions:
- Signup
-
View of front of home -
Living area with recessed lighting and light wood finished floors
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Kitchen featuring modern cabinets, a center island, a kitchen bar, decorative backsplash, and light wood-style flooring
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Kitchen with modern cabinets, decorative backsplash, recessed lighting, light stone countertops, and appliances with stainless steel finishes
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Balcony featuring an outdoor living space with a fire pit and outdoor dining area
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Balcony featuring an outdoor hangout area and outdoor dining space
- Listings on market:
- 175
- Avg list price:
- $1,199,800
- Min list price:
- $629,000
- Max list price:
- $19,980,000
- Avg days on market:
- 68
- Min days on market:
- 2
- Max days on market:
- 544
- Avg price per sq.ft.:
- $1,224.91
- Sam Huang
- RE/MAX Select Properties
- +1 (778) 991-0649
- Contact by Email
University Endowment Townhouse Market Insights - 2024
Considering a townhouse in the vibrant University Endowment area? Understanding the current market dynamics, including strata fees, and the difference between townhouses and condos, is key to a successful purchase. As a seasoned University Endowment realtor with 15 years of local expertise, I'm here to provide you with the latest market insights for 2024 to help you make informed decisions.
Here's a snapshot of the University Endowment Townhouse market:
- Price Range: Townhouses in University Endowment typically range from approximately $688,000 to $3,500,000. Larger or premium units can exceed this range.
- Average Size: The average size for a University Endowment townhouse is around 1,809 sq ft, offering comfortable living space in this desirable community.
- Average Price & Price/sq ft: The average price for a townhouse unit is approximately $1,849,786 with an average sold price per square foot of $1,130.
- Average Days on Market: Townhouses are selling relatively quickly, with an average of just 20 days on the market.
Understanding Strata Fees:
Strata fees are an important consideration for townhouse ownership. In University Endowment Lands, the average strata fee for a townhouse is around $736 per month. However, it's crucial to understand that strata fees can vary significantly depending on the total area, building's amenities and overall maintenance costs.
Strata Fee per Square Foot:
A more insightful way to evaluate strata fees is by looking at the cost per square foot. The average strata fee for University Endowment townhouse is approximately $0.46 per square foot. This allows for a more apples-to-apples comparison between different units, regardless of their size.
Amenities and Strata Fees:
Not all buildings offer the same amenities. Some may boast a full range, including a swimming pool, hot tub, gym, on-site caretaker, guest suite, meeting room, lounge, pool table, squash court, and more. Others might have minimal or no amenities. This directly impacts strata fees. Buildings with extensive amenities typically have higher fees to cover the maintenance and upkeep of these features.
Condominiums vs. Townhouses: Key Differences
It's important to understand the difference between condominiums and townhouses. A condominium typically refers to a privately owned unit within a larger complex, like an apartment. You own the interior of your unit, but the building's exterior and common areas are owned and maintained by a condominium association, funded by strata fees.
A townhouse, as defined by the Real Estate Council of British Columbia, is "one of a group of dwellings (most often two-storey) joined together by common walls, each with its own entrance from the outside." With a townhouse, you typically own not only the interior but also the land it sits on (subject to Freehold and Leasehold considerations) and any yard or deck.
Strata Fees: Condos vs. Townhouses
Generally, condos tend to have higher strata fees than townhouses. This is often because condo buildings typically offer more extensive amenities and services. Townhouses, while having lower fees, often require more individual maintenance responsibility from the owner. Townhouses usually offer more square footage.
Finding the Right Fit:
The best way to determine whether a condo or townhouse suits your needs is to explore properties of both types. You can view current listings of University Endowment townhomes above. To see property locations, click the "Map" tab. You can also refine your search by price or new listings.
What this means for you as a buyer:
- Competitive Market: University Endowment is a highly sought-after area. Be prepared for a competitive market and have your financing in place.
- Value Proposition: Understanding the average price per square foot and strata fee per square foot helps you assess the overall value of different listings.
- Act Quickly: With a relatively short average days on market, it's crucial to act quickly if you find a property you love.
- Strata Fee Considerations: Carefully review the strata fees for each unit you consider, and understand what amenities are included. Factor these costs into your budget.
Expert Help from The University Homes:
Sam Huang and his team of experienced Realtors at The University Homes have been living and working in the University Endowment area for over ten years. We have a deep understanding of the local market, having helped numerous clients buy and sell condos and townhouses in University Endowment. We possess in-depth knowledge of the different buildings, including developer history, building age, construction type, and bylaw restrictions. Whether you're buying or selling a 2-bedroom condo or a townhouse in University Endowment, contact Sam Huang and the The University Homes team for expert guidance.
First-Time Home Buyers:
If you're a first-time home buyer looking to purchase in University Endowment and have questions about obtaining a mortgage, we can connect you with a trusted mortgage broker who can assist you with pre-approval.
Looking to buy Townhouse in University Endowment? I can help! Contact me today for personalized advice, access to the latest listings, and expert guidance throughout the buying process. Let my 15 years of University Endowment real estate experience work for you.
Please be advised that www.theuniversityhomes.ca is an independent real estate service and is not owned or operated by, and is in no way affiliated with, or endorsed by, the University of British Columbia ("UBC"). The term "UBC" as it appears on this website is used solely to identify the geographic location of the University of British Columbia campus and is used for descriptive purposes to help users identify the location of real estate listings. Any real estate services or information provided on this website are exclusively those of H & S Real Estate Group, an independent real estate professional, and do not represent the views, policies, or endorsements of the University of British Columbia.
