A house in the Dunbar neighbourhood in Vancouver that sold for over $3 million dollars after just 24 hours on the market is heading for a teardown, the current tenant believes.
The 2950 square foot property, located at 3981 West 35th Avenue, was originally listed at $2,848,000. Less than 24 hours later, with multiple offers — and not one single viewing — the vendor accepted $3,038,000.
The massive price tag is a record for the west side neighbourhood, ReMax realtor Wayne Hamill told CBC.
"The value of the house increased a whopping 410 per cent since it was last purchased for $739,000 in 2000," Hamill said, noting that since that purchase, the house has been tenanted.
The huge lot — 66 x 130 feet — may have been more of a temptation to buyers than the five bedrooms and five bathrooms the 1930s house boasts.
The current renter of the house, Kleanza Bennett, fully expects the bulldozers to be moving in any day.
"The future of the house is definitely to tear down," she said. "It's just typical of houses in this neighbourhood ... they are just torn down and this monster house goes up in its place."