1180 HOMER ST., UNIT 302, VANCOUVER
ASKING PRICE $1.089-million
SELLING PRICE $1.075-million
DAYS ON MARKET 27
STRATA FEES $690
TAXES $3,033 (2014)
LISTING AGENT Paul Albrighton, Re/Max Crest Westside
The Action: "The listing sold in 27 days and included all furnishings," listing agent Paul Albrighton says. The overseas buyer was looking for a secondary home for summers and holidays. "The buyer has a passion for design and architecture, and was intrigued by the heritage features and overall building architecture this home offered."
What They Got: This luxury Yaletown condo in the 12-unit McMaster Building is a hard-to-find two-bedroom heritage loft conversion. With 1,260 square feet of living space, it's large, with two full bathrooms. It features exposed concrete pillars and brick walls, reclaimed fir flooring, wood-beam ceilings, a SubZero fridge and marble floors in the bathrooms. Built in 1910 as a warehouse, it was converted to residential in 2007. "Two-bedroom lofts are rare in Vancouver and are often desirable for people who are downsizing from a house or looking for a larger downtown residence," Mr. Albrighton says.
The Agent's Take: "There are very few conversion buildings being built and the demand has steadily increased in the past two years," Mr. Albrighton says. "Most new developments are in high-rise towers and do not offer heritage architectural features."