Vancouver real estate: bought $875,000 in December, False Creek condo sold $1,060,000 this summer

    1 of 1 2 of 1

      A Vancouver condo in False Creek changed owners in just over eight months.

      As for the seller of the eighth floor unit at the Harbour Cove strata development, the deal did quite well.

      Based on B.C. Assessment records, 803-1405 Pennyfarthing Drive was purchased on December 11, 2019 for $875,000.

      According to its 2020 assessment by the province, the property was valued at $983,000 as of July 1, 2019.

      Based on tracking by real-estate site, the two-bedrom and two-bath condo was listed on the market by Engel & Volkers Vancouver on August 5, 2020 for $1,268,000.

      A deal happened 20 days later on August 25 for $1,060,000.

      Rentals are allowed at Harbour Cove, but no pets.