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Vancouver home marked in Cambie Corridor plan for high density sells with nearly $1 million on top of assessed value


by Carlito Pablo on April 5th, 2021 at 10:37 AM
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B.C. Assessment says this property on the west side of Vancouver is worth $3,447,300.
The owner of 5530 Baillie Stree thinks it’s about a million dollars more than that.
And so on March 10, 2021, the single-family home came on the market for $4,380,000.
The property was marketed by Royal Pacific Realty Corp. not only as a “well maintained house…on a nice and quiet lot”.
The realty agency also included in its pitch an “investment” opportunity available for a successful buyer.
The property is designated for either a four-storey condo development or a six-storey rental building under the Cambie Corridor Plan. ....

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Vancouver real estate: Is Donald's name hurting sales? Trump Tower condos have tough time finding buyers | Georgia Straight Vancouver's News & Entertainment Weekly


by Carlito Pablo on January 17th, 2021 at 11:25 AM
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Perhaps it’s time to dump Donald’s brand.
For years, there had been calls to rename the Trump International Hotel and Tower Vancouver because of controversies involving the now soon-to-be ex-U.S. president.
These have been ignored so far.
Realtor and market observer David Hutchinson wonders if Donald Trump’s name is bad for sales at the residential skyscraper.
“Maybe it needs to be Biden Tower,” Hutchinson joked, referring to incoming American president Joe Biden.
Real-estate site Zealty.ca lists seven condo units at Trump Tower at 1151 West Georgia Street that have yet to find buyers. ....

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