Buyer guide · Simon Fraser Hills

Buying at 9131 Capella Drive

103 units at Mountain Wood have sold since 2020 at a median of $479,500, achieving 99.2% of asking in about 26 days. Here is what that means for what you will pay — and what to read before you offer.

The numbers that set your offer
$479,500
Median sold
99.2%
Of asking price
26
Avg days on market
$505
Sold $/sq ft
$541/mo
Avg strata fee
5
Listed now

That leaves roughly $3,836 off a median-priced unit on average — the building's pattern, not a guarantee on any one home.

What you will pay, by size

Sold figures are what buyers actually paid across all 103 sales. Asking is what is listed today.

TypeSold avgSold rangeAsking now
1 bedroom · ~750 sq ft$396,069$300K – $463K—
2 bedroom · ~879 sq ft$450,331$363K – $525K$400K – $549K (4)
3 bedroom · ~1085 sq ft$522,322$386K – $585K$519K – $519K (1)
4 bedroom · ~1165 sq ft$605,000$590K – $620K—

What to read before you offer

Whether Mountain Wood is a good building to buy into is decided by its documents, not its listing photos. These are the ones that matter, and what each is for.

Strata minutes (2 years)
Where problems surface first — leaks, litigation, repeated repairs, and the arguments that precede a special levy.
Depreciation report
The 30-year forecast of major components and what they will cost. Tells you whether today’s fee is realistic or deferred.
Form B Information Certificate
Confirms the actual monthly fee, the contingency fund balance, any levies owing, parking and locker allocation, and rental or pet restrictions.
Engineering and remediation reports
Envelope, roof, plumbing and elevator work. An approved project not yet levied is a cost you inherit on completion.
Insurance summary
Deductibles on water damage have risen sharply across BC, and the strata can charge a deductible back to an owner.
Bylaws and rules
Rentals, pets, age restrictions, short-term use and renovation approvals. Mountain Wood’s specifics are on the building page.

Saeed Farahani obtains and reviews these with you as part of representing you on a purchase.

Common questions

Is Mountain Wood a good building to buy in?

No one can answer that honestly from the listing alone — it depends on what the documents say. The market record is a starting point: 103 units have sold here since 2020 at a median of $479,500, averaging 26 days on market and 99.2% of asking. What decides it is the strata minutes, the depreciation report and the Form B — whether work is approved but not yet levied, how healthy the contingency fund is, and whether the current fee reflects real costs. Saeed Farahani obtains and reviews those documents with you before you write an offer.

How much can I negotiate at Mountain Wood?

Sales here have averaged 99.2% of asking over about 26 days on market — roughly $3,836 off a median-priced unit. That is the building's average, not a guarantee; a well-priced unit still sells at full price.

What do units at Mountain Wood actually sell for?

103 sales since 2020, from $300,000 to $620,000, median $479,500. By size: 1-bed $396,069, 2-bed $450,331, 3-bed $522,322, 4-bed $605,000. That works out to about $505 per square foot. Asking prices on current listings are a separate question — what sold is what the market paid.

Why are the strata fees at Mountain Wood what they are?

Fees on current listings average $541 a month, ranging $478 to $631 by unit size, which is about $0.59 per square foot. Per square foot is the only fair comparison — a larger suite paying more is not the same as an expensive building. A fee that looks high often reflects a well-funded contingency, or amenities and utilities bundled into it; a fee that looks low can mean deferred maintenance and a levy ahead. The depreciation report and recent minutes are what distinguish the two, and Saeed will go through them with you.

What is for sale at Mountain Wood right now?

5 units are currently listed, asking $399,800 to $549,000 (about $501 per square foot). Current listings and photos are on the building page.

What amenities does Mountain Wood have?

Amenities, bylaws and strata details for Mountain Wood are set out in full on the building page, alongside current listings. This page covers the buying decision rather than repeating them.

Figures are drawn from recorded MLS® sales and current listings at Mountain Wood (NWS962) from 2020 onward and describe the building, not any individual home. Nothing here is a substitute for reviewing the strata documents. See amenities, bylaws and current listings →

Saeed Farahani
Saeed Farahani
Re/Max Crest Realty
📍 9131 Capella Drive
Ask about Mountain Wood

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Buying at 9131 Capella Drive (Mountain Wood) — What Units Really Sell For, Median $480K