Re/Max Crest Realty
1480 Howe St., No. 2708, Vancouver
Asking price: $1.488-million (March)
Selling price: $1.345-million (August)
Days on market: 143
Monthly maintenance fee: $875.52
Taxes: $3,797.53 (2020)
Buyer’s agent: Nicolas Blachette, Re/Max Crest Realty
The action
The bright two-bedroom, two-bathroom unit has an open-concept floor plan, central air conditioning, remote-controlled blinds and Miele appliances.Re/Max Crest Realty
The unit was listed March 29 and sold nearly five months later, near the end of August.
The seller had received an earlier offer but the subjects did not come off. The buyer’s agent, Nicolas Blachette, says people were viewing the property each week, but because it was tenanted it was sometimes difficult to view.
In April, media reported on a major flood in the building that sent water gushing through several floors and into elevators, owing to a failed gasket.
Mr. Blachette says his client was aware of the building’s previous water issues, but the building is still under warranty and has insurance, he says.
“Every building has its issues.”
What they got
The bright two-bedroom, two-bathroom unit is in the twisty Bjarke Ingels-designed Vancouver House, with a view of English Bay, an open-concept floor plan, central air conditioning, remote-controlled blinds and Miele appliances.
The 970-square-foot suite comes with one parking stall and storage.
The 52-storey downtown building has condos, office and retail, and was completed in 2020. There is an on-site manager and two swimming pools.
The agent’s take
There is an on-site manager and two swimming pools.Re/Max Crest Realty
“My buyer got a very good deal on this home,” Mr. Blachette says. “The timing was right to negotiate with the seller after being over four months on the market.”
The sale completed in early October.
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