Abundance of Condos
It’s been 3 months but Vancouver is still feeling the effects of the Winter Olympic Games. The Vancouver Sun recently reported that 474 units of the Millennium Water Condos were up for sale, at asking prices ranging from $385,000 to a whopping $10.5 million. In a real estate market that’s been largely a seller’s market, this is great news for buyers who are hoping for a shift in demand to gain a little more bargaining power. And it seems like buyers will get what they hope for, with the city putting pressure on Millennium Development Corporation to return the $1 billion that the city loaned to them.
At a good price, buying waterfront property in a environmentally-sustainable building that may or may not have been home to Olympic titans like Ashleigh McIvor sounds like a pretty sweet deal.


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