Built in 1998, the home has extra high ceilings and European windows and doors.Royal LePage Sussex
947 22nd St., West Vancouver, B.C.
Asking price: $3,698,000 (Oct. 17)
Selling price: $3,474,900 (Jan. 10)
Days on market: 85
Taxes: $13,045.28 (2025)
Buyer’s agent: Holly Calderwood, Royal LePage Sussex
Listing agent: John Jennings, Royal LePage Sussex
The buyers' agent said 'it’s like a little villa on a third of an acre.'Royal LePage Sussex
With 13 room and timber construction, the home gives off a Tuscany vibe.Royal LePage Sussex
What they got
Built in 1998, this 3,395-square-foot home has character features that include timber beam construction, extra high ceilings and European windows and doors. The combination of exposed wood, white walls and natural light gives the two-level, 13-room house a Tuscany vibe.
Another selling feature was the location, in the desirable Dundarave neighbourhood of West Vancouver. Coffee shops, stores and the seawall are within walking distance of the three-bedroom, three-bathroom home that is tucked inside a lush 12,720-square-foot landscaped garden with long pathway to the front door.
“It’s like a little villa on a third of an acre,” said buyers’ agent Holly Calderwood. “It’s really something.”
The action
Ms. Calderwood’s clients had been looking for a property with a view but were won over by the home’s high-quality build, the location and price point. The house sold for below the seller’s purchase price of $3.925-million, which was an off-market sale in January, 2020 by a corporation.
“I did my best to push them down as much as I could – I did my buyer’s agent duties,” said Ms. Calderwood, whose clients didn’t have any competition. “But [the sellers] had a bottom line, too.”
The sale completed Jan. 29.
The buyers were won over by the home’s high-quality build, the location and price point.Royal LePage Sussex
Coffee shops, stores and the sea wall are within walking distance.Royal LePage Sussex
The agent’s take
The luxury market has taken a big hit in the last couple of years, but Ms. Calderwood said the market for homes in the $2.5-million range is still active. She said she expects a resilient spring market due to pent-up demand and a stable interest rate that likely won’t drop much more. She’s seeing more American buyers showing interest, and if the foreign buyer ban were removed, that would inject more life into the market.
“I think as far as Canada goes, I think we’re probably always going to be the most desirable place to live. And yeah, with rates where they are, and all the pent-up demand, we’ll always be a strong place to live in and or invest in.”
The buyer's agent finds the market for homes in the $2.5-million range is still active.Royal LePage Sussex