A waterfront condo just steps from Chesterman Beach in Tofino has sold for a million over asking.
According to the listing agent, who asked not to be named, someone recently paid around $2.4 million for a 1,206 square-foot two-bedroom, three-bathroom condo unit on Craig Road.
The condo, which was built in 1999, had been listed for $1.41 million.
“Your own oceanfront condo with excellent views of crashing waves, birds, and boats going by. Explore the beach for hours of barefoot wandering through tide pools and shallow water,” reads the description for the listing, which has since been deleted.
The realtor called the purchase an “anomaly.”
Home sales on Vancouver Island, particularly in the Port Alberni/West Coast region have been red hot lately. Sales in Port Alberni/West Coast rose by 318 per cent from April 2020 to April 2021. In addition, home prices are up 20 per cent from a year ago as more buyers venture west.
Meanwhile, prices for homes across the Island are gaining value as well, according to VIREB, with single-family home prices up by 25 per cent in Campbell River at $588,800, 24 per cent in the Comox Valley at $692,300, and 23 per cent in Nanaimo at $683,000.
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