I have talked about the value in the downtown condos before. The market has matured in most areas showing robust gains over the last few years but one market still lags a bit behind. The high condo market downtown. This is not surprising since the city had a surplus of these units even before the crash in 2008.
The window of opportunity for this kind of property is closing. There are only a fraction of these high rise units still on the market and prices are starting to move up. None the less this two bedroom 2 bath unit with 1922 square feet is value priced at $488,000. On the eleventh floor this unit is high enough to peak over most of the buildings in front of it thus offering a nice city and river view.
This unit faces west so sunsets will be amazing as the great yellow orb drops behind the coastal mountains. Most of the buildings to the west are shorter in height so view is largely unobstructed. I love these modern mid rise and high rise condos and these units were fetching well above $700k at the height of the market. These are the last of the great deals in real estate following the economic downturn a few years ago!So get out a pay a visit to the last few of these high rise units. You may find your urban dream right here in America's Vancouver. Enjoy the view.
