Posted Feb 14, 2026, 4:18 AM
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Can I has a tunnel?
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Join Date: May 2008
Location: East Van
Posts: 2,186
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Quote:
Originally Posted by whatnext
Hmm, was somebody lurking here... 
Buyers 'left yearning' and losing millions at the Vancouver Butterfly tower
Amir Ali
Feb 13 2026
The Butterfly Tower in downtown Vancouver sticks out like a sore thumb, but there’s another sore spot emerging for some who invested in homes at the Nelson Street building....
...Realtor John Pinton shared a blog post he published about the tower and some additional information about how much money buyers who invested early are losing.
In one example, Pinton points to a buyer who closed a two-bedroom unit for close to $2.6 million in July 2025. That same unit is now listed for just over $1.6 million.
Pinton notes, “Considering GST, property purchase tax and realtor commissions, the buyer is going to lose at least $1,000,000 or more if their unit can sell at all!!”
Pinton says that a few years ago, when potential buyers were asking him about The Butterfly, he suggested it wouldn’t be a wise investment....
https://dailyhive.com/vancouver/vanc...osing-millions |
It makes you wonder if they even looked at the interior plans before they bought. They're just so... obviously questionable?
Oh well, fools and money. 
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