Penthouse under construction re-listed for $10.88M (PHOTOS)

Glacier Media Real Estate

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If you’re a wealthy buyer who missed out on one of the penthouses at the under-construction Vancouver House in downtown Vancouver, now’s your chance. And for the rest of us who can only dream of such luxury, just check out this jaw-dropping home and even more amazing roof deck.

A deep-pocketed investor who snapped up Penthouse 1 at the soon-to-be-iconic downtown highrise has re-listed the purchase contract (otherwise known as flipping) for $10,888,900. The unit was the highest-priced new condo listing in the region last week (September 10-16).

Vancouver House is due to be completed in 2019 and is designed in a top-heavy, twisting fashion by Danish ‘starchitect’ Bjarke Ingels. Listing agent: Karim Virani

This is the second time the seller has tried to flip this penthouse, having listed it in November 2017 for $11.88 million.

Records also show that the same penthouse was assigned and sold on the MLS in 2015 for $6 million, so if the seller gets their new asking price, it looks like a $4.88 million flip profit. However, we also know they paid for $50K in upgrades that include an interior elevator, a two-car garage and lots of storage space.

The purchase contract for Penthouse 1 at Vancouver House was listed September 13 for $10.88 million. Listing agent: Karim Virani

The new MLS listing says Penthouse 1 has 2,334 square feet of living space, two bedrooms, two-and-a-half bathrooms and expansive living and entertaining areas.

Even bigger than the generous interior is the massive outside space, at 2,336 square feet – including five outdoor patios and a huge private rooftop deck with hot tub.

The twisting building, which has seen its share of headlines over its controversial overseas marketing campaign, is designed by Danish starchitect Bjarke Ingels and is due to be completed in 2019.

Check out the renderings below to get an idea of this ultra-luxe home. There are several two-level penthouses in the building, and this is the south/south-east-facing unit – some of the renderings represent similar units facing other directions. But frankly, we’d be happy with any of them.

This artists rendering of one of the penthouse living spaces (albeit a west-facing unit) shows how expansive the rooms are – which you’d expect, with 2,334 square feet and only two bedrooms. Listing agent: Karim Virani
The Boffi chef’s kitchen has Miele appliances and a custom BIG-designed Corian island, according to the listing. Listing agent: Karim Virani
The master bedrooms in the two-level penthouses come with a marble ensuite, a large dressing room and a terrace. Listing agent: Karim Virani
As the unit listed is south/south-east-facing, we’re guessing this is a more accurate representation of the actual rooftop deck. Not too shabby… Listing agent: Karim Virani