penthouse with the condition that the new owner will have to commit to the city.
The 6,830 square foot home at the top of the Hotel Georgia boasts panoramic views and the entire 48th
floor of the hotel’s private residencies.
Developer Bruce Langereis isn’t about to sell the $18 million luxury home to a foreign investor though; he wants someone who’s going to live in the home.
Langereis says the owner should either be a current Vancouverite or someone who will live in the property for most of the time at least.
If you think he may be pulling a publicity stunt then think again; this home has been on the market for three years with none of the potential buyers meeting the requirements.
It may be on the market for some time to come, though, as many of Vancouver
high-end buyers are international jet-setters who may feel unable to commit to a stay-at-home lifestyle.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Sarawak, Central Frontenac, Keady, Cranford, Fortune
A developer has listed a