Vancouver penthouse with fireworks views listed under 2017 price
A downtown Vancouver penthouse suite was recently listed for nearly $2.5 million, which is less than the price it sold for in 2017.
PH1 at 969 Richards Street is one of only two penthouses in the building and features three bedrooms and two bathrooms.
BC Assessment currently values the home at $2,102,000, $378,000 less than the asking price of $2,480,000. Back in 2017, the home sold for $2,794,000, and at that time, it was assessed for way less, $1,823,000.
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eXp Realty
One of the standout features of this penthouse suite is the 16-foot ceilings, which the pictures highlight.
eXp Realty
The Richards Street building is just over 20 years old. The penthouse suite features 1,568 sq ft of space and has a whopping five balconies.
If you could somehow manage to afford this place, you’d be the most popular person in your friend group, as the north deck would offer views of the Celebration of Lights when it occurs.
eXp Realty
There’s also a south deck that would allow the new owner to “soak up sunsets,” as the listing says.
eXp Realty
Other features the buyer will inherit include two parking stalls and two storage lockers. eXp Realty adds, “This is luxury living at its finest!”
eXp Realty
The listing says that the building is in an “unbeatable, convenient neighbourhood” close to shops, restaurants and more, and it’s hard to argue with that. This area of Richards Street is right between Smithe and Nelson streets, close to the Granville Entertainment District, Robson Street, and major transit hubs.
Before the 2017 sale, it sold for $939,000 in 2005 and $785,000 in 2002.
The current asking price for this downtown penthouse is quite a bit higher than the benchmark price for apartment units in the Metro Vancouver area. According to the most recent Greater Vancouver Realtors report, the benchmark price for an apartment in Metro Vancouver in December was $749,900.