1455 Howe St., Unit 1001, Vancouver
Listing price: $1,199,800
Selling price: $1.12-million
Maintenance fee: $544
Listing agent: Paul Albrighton, Re/Max Crest Realty
The unit was purchased in 2013 for $675,000, listing agent Paul Albrighton said. The owners did upgrades, including new floors, lighting, counters and custom closets. The buyers are investors who plan to live in the unit one day.
What they got
The two-bedroom, two-bathroom, 907-square-foot modern condo has an open-concept living room, dining room and kitchen, with a den and small balcony. The Pomaria building is LEED-certified with geothermal heating and air conditioning, 24-hour concierge, gym and spa. It was built in 2007. The unit has water and city views, ceilings at 8 feet 8 inches, oak floors and cabinets, stone countertops, Sub-Zero fridge, five-burner gas range, floor-to-ceiling windows and square layout.
The agent’s take
The unit first came onto the market in May at $1,299,999, which was comparable to other units in the area. But the softening market required a price reduction to $1.249-million in June, followed by a new price of $1,199,800 a month later. It sold 22 days later below asking, which is a reflection of the new market, Mr. Albrighton said.