Vancouver’s sky-high real estate prices have soared to new heights – 33 floors up to be exact. A 16-room luxury penthouse has just been listed for $58,888,000 in the exclusive downtown Vancouver neighbourhood of Coal Harbour. If a spendthrift takes the bait, the pricey property would become the most expensive condominium in Canada.
The 8,010 square foot condo occupies the entire top two floors at the Three Harbour Green building (277 Thurlow St.), offering 4,840 square feet of living space and two swanky rooftop terraces, plus an additional balcony. All of that outdoor space will allow prospective buyers to enjoy a pretty spectacular ocean view; oh, and let’s not forget about the scenic mountain view either.
Built in 2012, the residence was assessed for $22,297,000 in 2016, which made it the most valuable condo in the province. Lululemon founder Chip Wilson’s $63.87 million waterfront mansion is the priciest property in British Columbia.
The penthouse’s exorbitant price tag becomes even higher when taxes and the building’s maintenance fees are factored in. In 2016, the home’s taxes were $70,585 and the maintenance fees will set the new owner back $3,394 a month. Another $8.8 million would be added if a foreign buyer snaps up the property under the province’s foreign buyer tax introduced in the summer.