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Most Expensive Condo in Vancouver

Monday, January 25, 2010 , Posted by Daisy at 1:54 AM

The other day my brother and I drove by a property under construction in the Point Grey area of Vancouver. Once complete this property will become one of the most expensive in Canada, valued to be around $30m. That got me curious as to which is the most expensive condominium in Canada. Turns out it is also in Vancouver and is estimated to be worth $17m.
Below is what I found on Canadian Business Online:
Location
4101-1077 W Cordova St., Vancouver, B.C.
Bedrooms
6
Bathrooms
7
Sq ft
7,473

Despite this list being littered with homes, one condo did make the cut. And for good reason. This $16.8-million, 7,500-sq ft single-floor home belongs to an "action actor from Hollywood," says agent Mark Raymond. "He's best known from his many American martial arts movies."

While he's mum on this person's name, he does reveal that this A-lister spent $750,000 on a state-of-the-art audio and video setup and electronic blinds that cover the panoramic windows.

The condo is on the 41st floor of Shaw Tower, and is partly occupied by residential suites, but mostly houses Shaw Cable Vision's offices. That doesn't mean it has a corporate feel, though. Large limestone floors, "meticulous" millwork, a "Hollywood-style" dressing room and a full yoga and workout gym complement an impressive view of Coal Harbour.

The only thing missing from this sale? A walk-on part in a big budget action flick.

I happen to know which action star owns this sweet piece of real estate. It is none other than Jean Claude "I can do the splits on kitchen counters" Van Damme.

The penthouse is on top of the Shaw Tower in the Coal Harbour area of downtown Vancouver overlooking the north mountains. I heard he bought it for approximately $4m around 2003 and made major customizations to the condo while it was being built.

With his added upgrades and the condo boom that took place between 2003 til now, I estimate that his penthouse's market value should be closer to $20m. Van Damme banked big time in the purchase of this property. I've actually worked out with him a few times. Okay, not WITH him but right beside him at the gym near by.

I will do a future post on the most expensive residential property in Canada on the market at the current time. It's estimated to be worth $25m and happens to be down the road from my house.



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