Promontory homes for sale

What kind of homes are in Promontory?

Promontory is a detached-house neighbourhood. 65% of the homes on the market are single-family houses on their own lot, so the supply is set by how many owners decide to sell in a given season.

The next largest group is townhouses, at 31% of what is listed.

Construction dates are spread out. The median home for sale dates to 2008, with most of the market falling between 1996 and 2022, so condition and updates vary a lot from listing to listing.

16% of the current listings were built in the last five years, so new-construction inventory is a real option here rather than an exception.

What do you actually get for the money?

64% of the homes for sale have four or more bedrooms, though smaller 3-bedroom homes still turn up regularly. Family-sized space is the norm here rather than the premium option.

A typical listing here offers about 2,523 sq ft of living space and 3 bathrooms.

Where a lot is reported, the median is 5,563 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

60% of the listings report a finished basement, which in this city usually means either extra family space or a mortgage helper.

Enclosed parking is standard: 96% of listings include a garage.

Strata or freehold?

47% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in Promontory rather than settled by the neighbourhood.

Across the 40 listings that disclose one, the median strata fee is $365 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around Promontory

Transit coverage is thin here. Most listings in Promontory are not close to rapid transit or a frequent bus route, so plan on driving.

Across 83 scored listings the median walk score is 36 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Cycling scores better than walking in a lot of the city, and it does here too: the median bike score across scored listings is 65.

Setting and surroundings

A view is claimed on 74% of the listings. Views are priced aggressively and are the first thing a new tower can take away, so it is worth checking what protects one before you pay for it.