Hill & Harbour Real Estate Group
1415 W. Georgia St., No. 604, Vancouver
Asking price: $1.099-million (June 16); $1.150-million (July 3)
Selling price: $1.084-million (July 16)
Days on the market: 27
Monthly maintenance fee: $901.88
Taxes: $3,370.20 (2023)
Listing agent: Cheryl Davie, Hill & Harbour Real Estate Group
What they got
The 1,375-square-foot, two-bedrooom, two-bathroom unit is on the busy Georgia Street arterial and only has a slim view of the water.Hill & Harbour Real Estate Group
Hill & Harbour Real Estate Group
The 86-unit building is in the heart of downtown, near expensive Coal Harbour and within walking distance of the sea wall and Stanley Park.
The 1,375-square-foot, two-bedrooom, two-bathroom unit is on the busy Georgia Street arterial and only has a slim view of the water.
Other than location and size, the selling features are floor-to-ceiling windows and patios, tons of light and a spacious layout. Built in 1990, the tile floors and original kitchen need an update.
The building has an indoor pool and gym and does not allow cats or dogs.
The action
The tile floors and kitchen have not been updated.Hill & Harbour Real Estate Group
Listing agent Cheryl Davie received five offers on the property, which had been tenanted. The sellers sold in order to purchase a detached house.
About 27 groups viewed the unit, but the buyers who made the winning bid saw the value that could easily be added by renovating, Ms. Davie says. The seller had attempted to sell the property with another agent, in 2022.
The sale completed Sept. 23.
The agent’s take
The unit has floor-to-ceiling windows.Hill & Harbour Real Estate Group
“Coal Harbour always demands a high price per square foot, and this unit offered amazing potential and value for the right buyer,” Ms. Davie says.
“The home was in very good shape, but in mostly original condition. Feedback we received from other visitors was that they wanted to see a more open floor plan between the kitchen and living space, but weren’t wanting to complete the work to see this happen. These buyers came through an open house, immediately recognized the future value potential, appreciated the size and the price per square foot, then wrote an offer almost immediately.”