About Vancouver's Coal Harbour

Flatiron will be opening soon and is the neighbourhood's newest development. It is a luxury condo located at 1277 Melville Street, Vancouver. Condos in Coal Harbour are considered the waterfront neighbourhood of choice when it comes to Vancouver real estate.

Triangles where meeting of the West End, Coal Harbour and Stanley Park. The triangular intersection of Melville, Pender and Jervis, and the Flatiron: designed with inspiration from the old triangular Flatiron building in New York City. Described as a "lithe and elegant tower", the Flatiron makes maximum use of a small triangle of land.

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Vancouver's Coal Harbour statistics for September show listings up to 245 from 220 in August. Sales 16, up from August. Days on market up to 83, from 73 in August and average selling price down slightly from $1,513,062 to $1,569,772,. More condos selling over $1 million than under $1 million in September. There is currently a fifteen month supply of condos in Coal Harbour

Listings - 245

59 Coal Harbour condos listed under $500,000. 90 listed between $500,000 and $1 million. 67 listed between $1 and $2 million. 8 listed between $2 and $3 million. 14 listed between $3 and $5 million and 7 listed over $5 million.

The least expensive is a studio condo at $289,000 and the most expensive coal harbour listing is 3300 sq.ft at Harbour Green Two (1169 West Cordova) on the 21st floor, listed at $7,498,000.

2008 Listings - Jan 128,Feb 149, Mar 179, Apr 176, May 175, June 192, July 220, Aug 212, Sept 245

Sales - 16

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The Sapphire in Vancouver's Coal Harbour recently opened and is one of Coal Harbour's newest condo buildings. As Vancouver's real estate market continues to grow, Canada Post shows there are now over 4000 condos in Coal Harbour.

Developer - Pinnacle has been a developer of Vancouver real estate for a long time

Features: security card access, high speed elevators, electric fireplaces

The Building: 34 storeys and 112 suites.

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The following is a study of Vancouver real estate, specifically Coal Harbour, and what sold in condos during the month of September, between $1 and $10 million.

In September 2008 there have been 4 sales in the price range. A front suite on West Cordova sold for $1300 pr sq. ft. - 1700 sq.ft. sold just over $2 million.

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The Ritz at 1211 Melville Street, Vancouver will be opening next week, as Coal Harbour's newest condo building. As Vancouver's real estate market continues to grow, Canada Post shows there are now over 4000 condos in Coal Harbour.

Developer: Pinnacle International. The Ritz Website

Architect: Hancock Bruckner Eng and Wright Architects

Features: security card access to main extrance and underground parking and recreation areas, air conditioned, overheigh 9 ft ceilings in the majority of living areas, custom design electric fireplace.

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