When buyers move beyond simply counting bedrooms, the conversation around value changes.
The details start to matter more. How does the home feel when you walk through it? Is there enough separation between living and sleeping spaces? Does the kitchen feel considered rather than simply expensive? And will the design still feel relevant years from now?
That is where the final remaining residence at MIRA at Trout Lake stands apart.
Built by Cheng Properties, this quiet back duplex offers 1,732 sq.ft. across three levels, four bedrooms and 3.5 bathrooms, with private outdoor space and a location directly connected to one of East Vancouver’s most established recreational pockets.
Priced at $1,699,000, it works out to approximately $981 per sq.ft. before assigning any additional value to the outdoor space or parking.
For buyers comparing newer duplex and multiplex homes around East Vancouver, that is a useful number to put in context, particularly given the level of interior finishing.
A four-bedroom home without sacrificing the main living space
One of the challenges with urban Vancouver homes is fitting additional bedrooms into the plan without making the shared spaces feel compressed.
MIRA takes a different approach.
The 682 sq.ft. main floor is dedicated largely to the kitchen, dining and living spaces, allowing the heart of the home to remain open and generous. Three bedrooms occupy the 680 sq.ft. second level, while the 370 sq.ft. top floor provides a separate fourth bedroom and additional outdoor connection.
That gives the home a traditional rhythm downstairs while preserving flexibility above.
For someone moving from a condo or townhouse because another bedroom, office or guest space has become necessary, the distinction matters. More bedrooms are only valuable if the rest of the home still feels comfortable.
Here, they do not come at the expense of where people actually spend their time.
The advantage of being the back residence
This is the quieter back home within the MIRA community.
Its placement creates greater separation from Victoria Drive and gives the main living space a more private relationship with the outdoor area.
Expansive tri-fold doors connect the interior to the patio, allowing the living area to extend outside rather than treating the yard as a separate afterthought.
The result is particularly effective because the architecture and interiors have been designed together.
Over-height ceilings, arched passages and custom millwork create structure inside the home without making the rooms feel overly formal.
It is polished, but not showy.
High-end finishing that rewards a closer look
MIRA’s interiors are where the project moves beyond standard new construction.
The main level features herringbone wood flooring, transitioning to wide-plank oak on the upper floors. Textured fluted limestone feature walls introduce another layer of material detail, while the arched openings and custom millwork soften the more contemporary elements.
The kitchen follows the same approach.
Integrated Smeg appliances, gas cooking, a pot filler, deep Blanco sinks, quartz countertops and a full-height backsplash provide the visual finish expected at this price point, but they are also practical choices for a kitchen intended to be used rather than simply photographed.
Bathrooms continue the material palette with floating vanities, frameless glass showers, large-format tile and carefully selected lighting.
There is a difference between adding expensive finishes and creating a cohesive interior.
MIRA feels much closer to the latter.
Built by Cheng Properties
The builder behind MIRA is Cheng Properties, a Greater Vancouver development firm working across residential, multi-family and commercial projects.
Cheng Properties describes itself as a fully integrated developer with more than 30 years of collective experience spanning civil engineering, investment, construction and project management. Its process covers development from early planning and consultant coordination through permitting, execution and completion.
That background is relevant when evaluating a new home.
The finish package may be what initially gets attention, but buyers should also understand who managed the project, how construction decisions were made and what happens after possession.
MIRA reflects that broader approach through details that are less obvious in listing photographs: central air conditioning, heat-pump heating, in-suite laundry, storage and new-home construction within a four-residence development.
And because this is the final remaining home at MIRA, buyers are not trying to imagine an unfinished community from plans. They can evaluate the completed design and understand exactly what Cheng Properties delivered.
Trout Lake is part of the value proposition
The location is equally important.
MIRA sits in the Victoria Drive and Trout Lake area of East Vancouver, placing the home close to John Hendry Park and Trout Lake, with Commercial Drive, neighbourhood restaurants, shops, recreation and transit connections nearby.
For buyers searching for new construction near Trout Lake, this is a particularly useful intersection of location and scale.
You are not choosing between central East Vancouver and having four bedrooms.
The home provides both.
That can be significant for someone who already has roots in East Vancouver and would prefer to gain space without changing the parts of their daily routine they value.
What $1.699 million is buying here
At this price point, MIRA will naturally be compared with townhomes, other duplexes, multiplex residences and older detached homes.
That comparison should go further than asking price.
At approximately $981 per sq.ft., this residence delivers 1,732 sq.ft., four bedrooms, 3.5 bathrooms, three levels of living, private outdoor space, a single carport, central air conditioning and a notably elevated finish package.
An older detached home may provide land and future redevelopment potential but require significant renovation. A townhome may offer a similar price but less privacy or outdoor connection. Another new duplex may have comparable square footage without the same material specification.
Those are the trade-offs worth understanding.
The objective is not to declare one property type better than another. It is to determine what each option asks you to compromise on.
For a buyer prioritizing design, four-bedroom flexibility, new construction and a Trout Lake location, the final residence at MIRA deserves to be part of that comparison.
Before purchasing any new strata home, we would still review the disclosure documents, warranty information, registered strata plan, bylaws, specifications and measurements important to the buyer. If MIRA is on your shortlist, we can also help compare its price per square foot, construction and finish level with other new duplex and multiplex options around Trout Lake and East Vancouver so the decision is based on the complete picture.