Vancouver Real Estate Deal of the Week

from Property Egg TV

501 - 3055 Cambie St

View MLS Data and learn more about 501-3050 Cambie St

501-3055 Cambie St is a 2 bedroom and a den Vancouver condo for sale in the Fairview neighbourhood. It is 1550 square feet and priced at $549 000 which is $354 a square foot. Per square foot this property is in the bottom 3 percent of condos for sale in Vancouver's Fairview area.

Along with the pricing of this property, the location creates value relative to the Vancouver Real Estate market. It is located in the soon to be again vibrant portion of Cambie Street between City Hall and King Edward. Everything you need to manage a household or enjoy urban living is within walking distance. There are fabulous 'mom and pop' retail and restaurants on Cambie to the south and large retailers Save On, Best Buy, Canadian Tire, Home Depot and Winners to the north. 

This once bustling section of Cambie has been under the 'dark cloud' of the Canada Line construction for the past few years but that has now concluded leaving behind wonderfully refurbished streets and sidewalks designed to add character to the area.

The Canada Line is Vancouver's latest rapid transit line and will be operational in November '09. The station will be walking distance from this Vancouver condo for sale.

Proximity to quality transit is becoming a key ingredient to property values and is often a priority for investors. People are becoming more inclined to utilize transit services and therefore it is desirable to reside within walking distance to transit services. The Canada Line accesses The Vancouver Airport, Metro Vancouver largest employer and Downtown Vancouver which allows residents to conveniently leave their cars at home saving them money.