Who says Vancouver's housing market is astronomically expensive? Well, everyone. On the contrary, here's a detached, freehold house in East Vancouver that is set to hit the market on Monday for $599,000. It is also expected to be the cheapest house currently listed for sale in Vancouver. The biggest shocker is that the home itself isn't horrible; it's a renovated craftsman style two-storey house that is oozing with charm. Located on Clark Drive, the home is just under 2,000 square feet and has three bedrooms and two bathrooms. We know what you're thinking: Where's the catch? There must be a catch. Indeed there is a slight catch being that the home faces on to Clark Drive which is a busy arterial route. The lot is also half the size of others in the area, which may be a deal breaker for some. In Vancouver home prices like this either mean you're living in the depths of the suburbs or prospective purchases should probably factor in a stack of cash for renos. We expect this home to sell rather quickly despite its flaws. What do you think?
· There's a house for sale in Vancouver for under $600,000 [The Province]