Trail, Port Hardy, Richmond and Tumbler Ridge among communities with homes in this price range
According to a report released by a US-based property management software company around 10 per cent of all active home listings in Canada right now are priced at less than $ 200,000.
There are no listings for less than $ 200,000 in the Lower Mainland (except in Richmond).
Here however are five residential properties in BC that are for sale at less than $ 200,000.
Richmond 106/7240 Lindsay Road
This 630 square foot apartment is almost 50 years old and has a monthly maintenance fee of $ 460.
It is on the ground level and a key reason that it is priced at $ 199,000 is because it is built on leased land. The lease is prepaid until 2087.
Sonora Island Lot 30 Owen Bay
This 1.26 acre lot comes with a small older cabin that is livable and is priced at $ 129,000. It has solar and wind power. There is a dock a ten minute walk away.
Sonara Island is one of the Discovery Islands where Johnstone Strait joins the Georgia Strait.
The closest large community is Campbell River on Vancouver Island. Sonora Island is not serviced by BC Ferries.
Port Hardy 7/7077 Highland Drive
There are four apartments in different locations within Port Hardy on the top end of Vancouver that are priced at less than $ 200,000.
This one has two bedrooms and has been updated with new laminate floors and is south facing. It is priced at $ 169,000.
As a base for ferries to Prince Rupert, Port Hardy sees a lot of tourists in the summer.
Trail 2075 Topping Street
Trail, the site of Teck Resources zinc and lead smelting and refining complex, was a decade ago a place you could buy a home for $ 50,000.
It’s now a place where you can get a detached home for less than $ 200,000. Despite the smelter that looms over the city, Trail is close to excellent skiing and recreation.
This 1,300 square-foot home has views of the Columbia River with a serviceable kitchen and even has a new washer-dryer. It is priced at $ 199,000.
Tumbler Ridge 103 Ash Crescent
Tumbler Ridge in the Peace River region was built from scratch in the early 1980s to create a community for coal mining companies in the area.
As a result, it’s a lovely town that’s well laid out and has great amenities. It is however retained to coal demand, that has led to a slump in real estate prices.
With an asking price of $ 183,000 this 2,100 square foot home is on a large corner lot. It has three bedrooms and comes with a new furnace. It has been on the market for over two years.
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