It looks like a Coal Harbour penthouse will get the record as the most expensive Vancouver condo sold this year.
There are two days left before the end of 2020, and with a number of condo properties on the market priced above it, the waterfront unit may yet get dislodged from its perch.
Or perhaps not.
The full-floor apartment occupying the entire and top 26th storey of the Carina condo building went for $11 million.
The seller let go of the property below its assessed value.
B.C. Assessment placed the 2020 value of #2601-1233 West Cordova Street as of July 1, 2019 at $12,932,000.
A buyer picked up the three-bedroom, four-bath property with stunning 360-degree views on March 17.
The $11 million purchase price was also below the original asking price.
On January 24, 2020, Royal LePage Sussex listed the condo for $13.8 million.
A day before that, the property was on the market for $15.5 million. This January 23 listing was terminated.
Royal LePage Sussex also listed the penthouse on May 24, 2019 for $15.5 million.
Real-estate information site Zealty.ca tracked the details of the sale.
As of mid-morning Wednesday (December 30), #2601-1233 West Cordova Street remains the number one on Zealty.ca’s listing of sold condos in 2020 in terms of purchase price.
The property features a living space of 4,298 square feet.
A terrace of over 1,100 square feet wraps around the penthouse, which the listing states is “ideal for grande scale entertaining”.
The property is a “masterpiece of architecture”, a prime example of “indoor/outdoor privileged LIVING”.
Of course, privileged living comes with a price.
The 2019 property taxes for the penthouse came to $77,713.50.
The monthly strata fee is $2,592.21.
Here’s a look inside the $11 million condo:More