In the past 10-Years, we have seen an unbelievable increase in the housing price and that makes this beautiful lower mainland unaffordable. Vancouver is World’s 3rd Most-Unaffordable city .
2-Bedroom is Standard
Minimum 2-bedroom suite becomes standard for people that lives in lower mainland. On an average, most people pay from $1200/month to $3500, based on the location and the condition of the suite. We have discussed about buying a home than renting one i in the previous topic, and we would like to further emphasize that Vancouver is not unaffordable anymore.
Today, I am going to list out the homes that are 2-bedroom AND less than 250k, and yet convenient for majority of people. (NOT areas such as Maple Ridge, Pitt Meadow, Surrey, Langley).
There aren’t many, but here are the list (Dec 19, 2016)
- 15 minutes walk to the Skytrain station.
- Shops, gas stations etc are all nearby
- 3 bedrooms!
- 1133 sqft!
- 15 minutes walk to Burquitlam skytrain station
Looking for MUCH BIGGER space within 250k?
It’s definitely possible but you may need to look into mobile home.
Here’s a mobile home that’s currently in the market, that is over 1500 sqft. Please keep in mind there’s a pad rent of couple hundred dollars per month (usually includes water, sewer, garbage and taxes). Also, you do not own the land of the property.