The sale of this North Saanich home closed for $4 million. It was the second-richest residential real estate sale in all of British Columbia between Jan. 26 and Feb. 1, 2020. (Google)

Greater Victoria home to some of the richest real estate sales in B.C. last month

Two of the three richest deals that closed between Jan. 26 and Feb. 1 were in Greater Victoria

Greater Victoria was home to two of the three richest residential real estate deals that closed in British Columbia between Jan. 26 and Feb. 1.

Leading the way for all of British Columbia was a modern single-family home in Vancouver’s Point Grey neighbourhood. The four-bedroom, five-bathroom house built in 2016 closed for 85 per cent of the $6.25-million list price, according to published information.

Located in second place was a single family home in North Saanich’s Ardmore neighbourhood. Located in the 9700-block of GlenElg Avenue, the 5,188 square-foot home located on a 27,878-square-foot lot closed for $4 million after having been listed for $5 million for more than 200 days. The Peninsula News Review was able to confirm the home built in 1997 had actually sold in the second week of December.

RELATED: Real estate sales in Greater Victoria show signs of recovery

Coming in at third overall was a condominium in Victoria. The three-bedroom condo with a total area of 2,288 square feet located in the 700 block of Herald Street closed for 100 per cent of the listed price of $2.859 million after having been on the market for one day. Notably, the condo is in the Hudson Place One project currently under development.

On the other end of the spectrum, the lowest single family home closed for $351,500 in the 3800-block of Trailhead Drive, in the Sooke/Jordan River area, while the lowest selling condo closed with a sold price of $242,500 in the 4600-block of Elk Lake Drive, with a total square-footage of 464.


Like us on Facebook and follow @wolfgang_depner

wolfgang.depner@peninsulanewsreview.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

North Saanich’s Deep Cove Market up for sale for almost $1.8 million

Long-time owner Rosemary Scott hopes the public will understand her decision

UPDATED: Demonstrators plan to shut down Pat Bay Highway Wednesday afternoon

Adam Olsen, MLA, says issue should be taken to province, not communities

Sidney cougar sighting ‘unverified’ near Tulista Park in Sidney

Conservation Service receives multiple unverified reports of cougars in the region area weekly

Motion for Greater Victoria fare-free youth transit defeated

Victoria Regional Transit Commision votes tied 4-4

Peninsula Panthers pounce on Westshore Wolves during opening game of playoffs

Panthers look to increase their lead to two games in best-of-seven series Wednesday

Protecting privacy key to stopping spread of COVID-19, B.C. health officials say

The number of coronavirus cases in B.C. remains at seven

Toffoli scores OT winner as Canucks beat Habs 4-3

Demko makes 37 saves for Vancouver

Private clinics would harm ‘ordinary’ people using public system in B.C.: lawyer

Health Minister Adrian Dix announced in 2018 that the government would begin to fine doctors $10,000

B.C. terminates contract with hospice society refusing assisted death

Delta Hospice Society loses hospital service fund of $1.5 million

Child in hospital following fatal crash that killed father, sibling on B.C. highway

The single vehicle crash occured near Kamloops on Highway 5A

‘Die!’: Vernon councillor mailed death threat

This story contains information that might be sensitive to some readers

Hidden message connects Castlegar homeowners decades apart

The Rodgers family was surprised when a message fell out of the walls as they were renovating

Two B.C. men plead guilty to bus-terminal assault of man with autism in Ontario

Parmvir Chahil and Jaspaul Uppal due to be sentenced in June for aggravated assault

Most Read