Court order sale, priced well below BCAssesment of $459,000. Welcome to Cecil Hill, in the popular Collingwood area. This bright 1 bed 1 bath, corner unit home offers 535sqft of comfortable living space featuring a modern kitchen with stainless steel appliances, granite countertops in the kitchen and bathroom, newer laminate flooring and carpet, and in-suite laundry. The spacious living area flows seamlessly to a covered SW facing balcony, perfect for morning coffee and year-round enjoyment. Situated just steps from Joyce-Collingwood Skytrain station, parks , shops, restaurants, and grocery stores. Centrally located with quick access to Downtown Vancouver, Burnaby, Metrotown, and Highway 1. Pet and rental friendly building.
Living area featuring wood-finish flooring and a rectangular ceiling light fixture
Living area featuring wood-finish flooring, a large window, a built-in fireplace, and a built-in shelving unit
Light wood-finish flooring with a rectangular window featuring white blinds
Living area with wood-finish flooring and an ornamental fireplace
Open-concept living space featuring wood-finish flooring, a kitchen island with integrated sink, stainless steel appliances, dark cabinetry, and a full wall of windows
Kitchen featuring stainless steel appliances, dark wood-finish cabinetry, and light granite countertops
Modern kitchen featuring dark wood-finish cabinetry, speckled countertops, stainless steel appliances, and a mosaic tile backsplash
Kitchen featuring dark wood cabinetry, stainless steel microwave, black mosaic tile backsplash, and light wood-finish flooring
Broadloom carpeted room with a full-height window overlooking exterior balcony
Bathroom featuring a white bathtub, ceramic tile shower surround with decorative accent band, and a vanity with a countertop and built-in sink
Outdoor patio space featuring square paver flooring, horizontal siding, and a glass panel railing with a black frame
Multi-story building featuring brick and paneling exterior
Data was last updated October 26, 2026 at 03:40 PM (UTC)
Area Statistics
Listings on market:
198
Avg list price:
$1,098,900
Min list price:
$339,800
Max list price:
$3,990,000
Avg days on market:
70
Min days on market:
4
Max days on market:
1,260
Avg price per sq.ft.:
$864.02
These statistics are generated based on the current listing's property type
and located in
Collingwood VE. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?
In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.
Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.
What is the process of Foreclosure in BC Canada?
See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.
Demand letter.
Petition.
Order Nisi.
Judicial Sale.
Order Made After Application.
To see the detailed steps in a foreclosure proceeding. Please let me know.
Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.
Here’s a simple guide on how to buy a Foreclosure Home in BC
Search Foreclosure Listings BC
Find a Realtor to write an offer.
Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
The hearing of the application for order approving the sale.
