Vancouver real estate: with year near end, $11 million Coal Harbour penthouse most expensive condo sold in 2020

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      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:

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