Court-Ordered Sales · Metro Vancouver · Weekly List Archive
Sent to subscribers September 11, 2026 · 5 picks
A Yaletown condo with an accepted offer, a Surrey condo with an age-restriction answer, and three development or income files where the documents mattered as much as the asking price.
$639,900 · accepted offer at $590,000
At the time of this email, the listing agent said a court date had not yet been scheduled but was expected in late September. The suite could be shown, vacant possession was expected, and the agent advised that further interested buyers would submit offers at the hearing. A later newsletter reported a September 24 hearing date. That date has now passed; the outcome and current availability are not verified in this archive.
The suite was updated in 2018 and comes with one parking stall. The important document issue is a proposed approximate $3.68 million repiping levy that owners defeated at a recent AGM. The listing agent expects the project to return for consideration later. The document package is available, and that possible future cost is where I would focus before deciding what this unit is worth.
Information as reported in the September 11, 2026 email · Address and listing links went to subscribers
$349,900
The lowest-priced listing this week, with an updated interior, a private balcony facing the greenbelt, parking and storage. The listing calls the complex “Adult Oriented,” so I asked what age restriction actually applies. The listing agent's answer was simple: none.
There is a tenant in place and the strata documents are available. That leaves two sensible questions for an interested buyer: what the tenancy looks like in practice, and what the current strata records say about the building.
Information as reported in the September 11, 2026 email · Address and listing links went to subscribers
$999,000 for a two-thirds interest
The price is eye-catching because it does not buy the whole property. This is a court-ordered sale of a two-thirds ownership interest, and the listing says the remaining one-third is also available separately. It also describes transit-oriented development potential of up to eight storeys or 3.0 FSR. Both the ownership structure and the development claim need independent confirmation.
The existing house has three kitchens and an unauthorized suite. I would not read this as an ordinary $999,000 house purchase. The questions are whether both interests can be assembled on workable terms, what possession looks like, and what density the City would support on this specific site.
Information as reported in the September 11, 2026 email · Address and listing links went to subscribers
$1,599,000
The listing claims $8,900 in monthly rooming-house income and six-unit redevelopment potential. The supplied floor plans help explain the unusual MLS fields: they show two labelled bedrooms, six additional rooms, two kitchens and three bathrooms across three floors. They do not establish that every room is a lawful bedroom, that the rooming-house use is licensed, or what tenancies would continue after a sale.
The zoning material supplied with the file uses the older RD-1 label. The City's current infill map appears to place the property in the RGO-B zone, where up to six units may be possible, subject to site-specific review and approvals. My read is that the existing income and the redevelopment potential are two separate stories, and each needs its own verification before either supports the price.
Information as reported in the September 11, 2026 email · Address and listing links went to subscribers
$3,895,000
This is more than a blank redevelopment concept. The listing agent says the latest architectural package was revised through August 13, 2026, and City correspondence identifies development permit file DP000672 for a proposed six-storey, 54-unit apartment building under the existing RA1 zoning.
The same response also draws the important boundary. The mortgage company cannot confirm whether the drawings or consultant work transfer to a purchaser, and the plans say they are for coordination or review only and cannot be used without the architect's consent. There is not enough material to make representations about servicing, environmental or geotechnical conditions, development charges, or other project costs. Meaningful work appears to have been done, but the value depends on what a buyer can actually inherit and use.
Information as reported in the September 11, 2026 email · Address and listing links went to subscribers
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