Five of the most expensive homes in Vancouver went unsold after months on the market.
These include a $35.8 million mansion in the wealthy neigbourhood of Shaughnessy.
The four others were priced above $15 million.
Based on information available at the real-estate site Zealty.ca as of Friday mid-morning (November 13), the listings for these luxury properties either expired or were terminated.
This doesn’t mean that these homes will not be offered for sale again.
Sellers can always put back their properties on the market.
The $35.8 million mansion in Shaughnessy was the second most expensive property on the market in Vancouver until its listing by Luxmore Realty expired on November 12, 2020.
The seven-bedroom, eight-bath home was listed on May 11, 2020. It spent 185 days on the market.
Of the five unsold properties, the one that spent the longest on the market was 1611 Drummond Drive.
The five-bedroom, five- bath home was listed by Macdonald Realty on November 9, 2019. It was on the market for 366 days.
The final asking price for 1611 Drummond Drive was $21.5 million. The listing was terminated on November 9, 2020.
The property at 7110 Blenheim Street also did not get a buyer.
The four-bedroom, seven-bath home was listed by Engel & Volkers Vancouver on June 30, 2020. It was on the market for 132 days.
The seller wanted $19.8 million for 7110 Blenheim Street. The listing was terminated on November 9, 2020.
In Downtown Vancouver, a penthouse unit listed for $16.9 million went unsold.
The listing by Macdonald Realty for 3601-1499 West Pender Street went on for 78 days starting from August 15, 2020. It expired on November 1.
Finally, the property at 4818 Fannin Avenue also went unsold.
The four-bedroom, seven-bath home spent 266 days on the market. The listing by Luxmore Realty started on February 17, 2020, and was terminated on November 9.
The seller of 4818 Fannin Avenue increased the selling price $15.8 million from the original listing tag of $14,888,000.
As a caveat and because of likely lag in time in tracking movements in the real-estate market, these properties may have already been listed again as of this post.