B.C. Real Estate: Five homes for sale under $200,000

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According to a report released by a U.S.-based property management software company around 10 per cent of all active home listings in Canada right now are priced at less than $200,000.

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There are no listings for less than $200,000 in the Lower Mainland (except in Richmond).

Here however are five residential properties in B.C. that are for sale at less than $200,000.

Richmond 106/7240 Lindsay Road

This 630 square foot apartment is almost 50 years old and has a monthly maintenance fee of $460.

It is on the ground level and a key reason that it is priced at $199,000 is because it is built on leased land. The lease is prepaid until 2087.

Sonora Island Lot 30 Owen Bay

This 1.26 acre lot comes with a small older cabin that is livable and is priced at $129,000. It has solar and wind power. There is a dock a ten minute walk away.

Sonara Island is one of the Discovery Islands where Johnstone Strait joins the Georgia Strait.

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The closest large community is Campbell River on Vancouver Island. Sonora Island is not serviced by B.C. Ferries.

Port Hardy 7/7077 Highland Drive

There are four apartments in different locations within Port Hardy on the top end of Vancouver that are priced at less than $200,000.

This one has two bedrooms and has been updated with new laminate floors and is south facing. It is priced at $169,000.

As a base for ferries to Prince Rupert, Port Hardy sees a lot of tourists in the summer.

Trail 2075 Topping Street

Trail, the site of Teck Resources zinc and lead smelting and refining complex, was a decade ago a place you could buy a home for $50,000.

It’s now a place where you can get a detached home for less than $200,000. Despite the smelter that looms over the city, Trail is close to excellent skiing and recreation.

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This 1,300 square-foot home has views of the Columbia River with a serviceable kitchen and even has a new washer-dryer. It is priced at $199,000.

Tumbler Ridge 103 Ash Crescent

Tumbler Ridge in the Peace River region was built from scratch in the early 1980s to create a community for coal mining companies in the area.

As a result, it’s a lovely town that’s well laid out and has great amenities. It is however beholden to coal demand, that has led to a slump in real estate prices.

With an asking price of $183,000 this 2,100 square foot home is on a large corner lot. It has three bedrooms and comes with a new furnace. It has been on the market for over two years.

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