Why settle for a $7 million hovel in Vancouver when you could buy a mansion almost anywhere else, not to mention a Polynesian island or a luxury yacht
In 2015 a shack in Vancouver’s West End made headlines when it sold for nearly $3 million. Just 27 months later, the rundown pile is back on the market and making headlines again, with an asking price of close to $7 million.
Barclay Street home in Vancouver’s West End for sale for almost $7m https://t.co/LS0fxoUzYg pic.twitter.com/e4ybsSzEdF
— The Vancouver Sun (@VancouverSun) March 20, 2018
That sounds nuts, but it’s even crazier when you compare it to what that kind of money will buy in other parts of Canada, the U.S., and elsewhere.
5 beds, 3.5 baths, 4,525 sq. ft.
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9 beds, 5 baths, 4,840 sq. ft.
Or if you don’t mind the 35 to 40 minute commute to your office in Manhattan, there’s this:
7 beds, 10 baths, 10,000 sq. ft.
5 beds, 7 baths, 10,416 sq. ft.
4 beds, 6 baths, 6001 sq. ft.
1320 Prospect Ave. SW, Upper Mount Royal, Calgary
READ: How Vancouver’s runaway real estate became a national problem
6 beds, 6 baths, 5,490 sq. ft.
5 beds, 4 baths, 6,136 sq. ft.
65 Av. Forden, Westmount, Que.
10 beds, 11 baths, 27,000 sq. ft. including two guesthouses
And the price is dropping. In 2016 it was listed for $9.65 million
Just off the coast of Raiatea, the second-largest of the Polynesian island
8 beds, 42.67 m