This week’s Absurd Property is truly a steal by Vancouver standards. Described on Realtor.ca as an “Old Timer” this house “needs renovation.” Seriously? Is someone really going to renovate this? Who are we kidding? It’s a tear down. The “motivated overseas seller” is getting $1430/month rent for this beauty, but wants to cash in…
Listing price $1.68 million. Located about 20 minutes outside of downtown in prestigious Kerrisdale (home to “the creme de la creme in Vancouver” – sorry, Pamela Sauder, you are never living that one down), the house is right on busy West 41st Avenue. Transit is super accessible; the bus stop is right outside your front door! The home is a few blocks away from the property I featured a few weeks ago…and is $1 million dollars less. Hooray!!!
Or…for $1.6 Million you could purchase this 8 Bedroom 4 Bathroom home in Brooklyn, NY (20 minutes outside Manhattan):
Or this seaside home in Dublin, Ireland (Howth is 15 Km outside of Dublin’s City Centre) – you can be certain this low price is the result of Ireland’s own recent real estate bubble burst.
Or, finally, you could have owned a piece of cinematic history. The home used in the famous John Hughes’ film “Home Alone”, located in the Chicago North Shore suburb of Winnetka, was recently sold for $1.6 million:
Vancouver…are you f*%#ing kidding me!!???