Vancouver home of former lululemon CEO sells for $360K under asking
The Vancouver home of a former lululemon CEO has been sold, and it went for well under the asking price.
It’s not the CEO you’re thinking about, as this Vancouver home belonged to Christine Day, the head of lululemon between 2008 and 2013.
An original listing for the home, which was built in 2015 and is located in MacKenzie Heights, with an asking price of $5,188,000, was terminated, according to Zealty. It was then sold for $4,725,000 on January 29, $363,000 under the asking price of $5,088,000.
While it sold under the initial asking price, it still sold above the most recently assessed value of the home, which is $4,257,000.
Rennie & Associates Realty
Finally selling after over two months on the market, the four-bedroom, five-bathroom home features 3,473 sq ft of space.
Rumours of the home belonging to a former lululemon CEO were first shared by a notable Vancouver social media reporter on X.
Former Lululemon CEO, happy seller today… pic.twitter.com/f5TBzrKhGr
— Mortimer (@mortimer_1) January 30, 2024
Daily Hive Urbanized was able to independently verify the claims.
The home’s value pales in monetary comparison to lululemon founder Chip Wilson’s Point Grey home.
Rennie & Associates Realty
Still, this home is no slouch, featuring 270-degree panoramic mountain, city and water views from the primary bedroom, and the rooftop deck.
Rennie & Associates Realty
A lower floor includes a media room and a wet bar under nine-foot ceilings.
Not the media room. (Rennie & Associates Realty)
Opinions on the value were divided, with some saying it was too much and others suggesting it wasn’t enough.
sold too cheap, gonna be over $10M in a decade.
— Junk Brandon(Stupid/Non-sense) (@JunkBrandon1) January 30, 2024
Others assumed the home belonged to Wilson.
I hope he’s leaving the city
Don’t let the door hit you on the way out
— strong at the broken places (@MChand13) January 30, 2024
We’re honestly surprised that the home of a former CEO of a major corporation sold for less than the home of a former Vancouver Canucks captain.