Vancouver Real Estate 'Bubble' at 30-year Peak

[jollyburger]

Hotel Georgia Penthouse Sells For $15.7M In Downtown Vancouver

The penthouse, 4801-667 Howe Street, was listed for sale by Malcolm Hasman of Angell Hasman & Associates (Malcolm Hasman) Realty Ltd. earlier this year with an asking price of $17,800,000, according to REALTORS.ca. Although REALTORS.ca says the sale price is unconfirmed, Zealty.ca said the penthouse was sold on July 18 and that the sale price was reported at $15,750,000 on August 1, after being on the market since April 8, 2025 (101 days).

BC Assessment values the penthouse at $13,911,000 in an assessment dated to July 1, 2024. The buyer is unknown, but was represented by Rennie, according to Zealty.ca.

The penthouse includes four bedrooms, seven bathrooms, and 7,236 sq. ft of luxurious living space, thus the sale price translates to $2,177 per sq. ft. The unit makes up the entire top floor of the building, providing 360° views of downtown Vancouver, in addition to a gourmet kitchen, a second prep kitchen, a billiards room with wet bar, 700-bottle wine storage room, outdoor dining terrace, and building amenities such as an indoor pool, spa, gym, and 24-hour concierge.

https://storeys.com/hotel-georgia-penthouse-vancouver-sold/