Meet Canada's Most Expensive Condo
Nice to see we've learned nothing from London's experience with tehse kind of insane prices:
The $40 million purchase of a Fairmont Pacific Rim penthouse suite and a unit on the floor below was Canada’s most expensive condo purchase, according to Bloomberg news. A Middle Eastern royal bought the “prestigious and coveted penthouse residence” for $25 million in June, and the additional unit upped the price to $40 million, according to the Vancouver Sun. http://www.huffingtonpost.ca/2013/09...n_3975773.html |
Wasnt this Katz's unit?
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The Toronto Four Seasons sold for $28M. This pair of condos sold for $25M and $15M respectively and they remain 2 independent units. It likely is the most expensive multiple-condo family compound in Canada. Buying 2 Bugatti Veyrons doesn't make for the worlds most expensive car, the Lamborghini Veneno still takes that crown. |
I wonder if it is the most expensive condo purchase. I would imagine multiple unit purchases in these high end building being more common than most would think and there are always trusts buying blocks of suites in the mid range market.
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I can not fathom paying that much for a room no matter how nice it looks. Why not buy a few islands anywhere in Canada with that money. Any idiot with money can build a building but you can't just build land. Get it while it's gone people theres not much of it left..
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This article isn't even accurate, it's 3 units and $53M last I heard.
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I think it is time to sell my condo. Looks like things are getting blown out of proportion again and people have forgotten about what made the recession happen in the first place. Over-spending!
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What a joke. I guess each to their own, but 40 million for a condo, wow..
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40 million dollars for a view of the Shaw logo, on a patio that will be deserted half the year at the least.
I'll keep my 3 storey triplex in Mile-end, thanks. |
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Going down, faster than a broken elevator:
The most expensive condo on Canada’s MLS – and second-priciest home listing in the nation, after this $39.9 million West Vancouver house – was re-listed December 12 at an $8 million discount off its original January price. The new price of the spectacular two-storey penthouse atop Fairmont Pacific Rim in Vancouver’s Coal Harbour district is $29,998,000, which still makes it the second highest-priced listing on the MLS. It was listed in January 2018 for $38 million – and was for a while the most expensive home for sale in Canada – before being reduced mid-year to $34,995,000... https://www.nsnews.com/canada-s-pric...tos-1.23535761 |
LOL, still for sale. "Come back money launderers!" :haha::haha:
https://biv.com/article/2019/06/cana...-no-price-drop |
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