Vancouver's Shangri-la Condos Selling Well

Vancouver's Shangri-la Hotel/Condo building is located at 1128 West Georgia and at 61 storeys is the tallest building in Vancouver and the 11th tallest in Canada. It opened in November 2008.

The luxury boutique hotel only occupies the first 15 floors and is, of course, an international brand name. 16th to 45th floors are 227 live/work condos with a lobby at 1111 Alberni. To date there have been 29 sales and currently there are 9 listings. 670 sq.ft. l bedroom listed at $600,000 and 1000 sq ft 2 bedroom listed at $1,230,000. The 2 bedrooms range from 1000 to 1600 sq ft. The re-sales are selling for 40-50% more than the pre-sale price in 2004. Average sale price is $850 pr sq ft. Read the rest of this entry »