Vancouver penthouse condo sells for $25M

Mystery buyer snags 14-room, two-floor penthouse condo

The penthouse at Vancouver's Fairmont Pacific Rim has sold for $25 million, making it one of the most expensive condos ever sold in Canada, CBC News has learned.

The 6,400-square-foot condo was listed for $28.8 million and was on the market for 650 days.

The two-storey property has 14 rooms, including four bathrooms and three bedrooms, a gym, open courtyard, library, as well as a rooftop terrace overlooking Coal Harbour and the North Shore Mountains.

Penthouse One will cost the new owners $68,000 a year in taxes and $4,200 a month in condo fees.

The condo has 14 rooms, including four bathrooms and three bedrooms. The condo has 14 rooms, including four bathrooms and three bedrooms. (

The last time the penthouse sold was in April 2010 for $17 million. The interiors have just been done by Vancouver designer Robert Bailey.

The listing agent, Malcolm Hasman, refused to say who the buyers are or to confirm the price. However, sources tell the CBC that members of a wealthy Middle Eastern family were in town last week to look at properties in Vancouver.

The new owners did not just buy the penthouse at the Fairmont, but at least one other property as well, sources said.

Other properties may have sold for more in private sales, but industry sources say this is the highest priced condo to be sold on the multiple listing service (MLS).




CBC News 

Posted: Jun 3, 2013 7:55 PM PT 

Last Updated: Jun 3, 2013 7:50 PM PT 

No comments

Post Your Comment:

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.