VanRE
@vanre33.bsky.social
Interested in a lot of things... most of which are pretty nerdy.
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Olympic Village condo just re-listed after failing to sell at $739K and $709K...
Now listed at $599K
Assessed at $675K
Purchased May 2018 $709K
#VanRE
Now listed at $599K
Assessed at $675K
Purchased May 2018 $709K
#VanRE
December 9, 2025 at 1:35 AM
Olympic Village condo just re-listed after failing to sell at $739K and $709K...
Now listed at $599K
Assessed at $675K
Purchased May 2018 $709K
#VanRE
Now listed at $599K
Assessed at $675K
Purchased May 2018 $709K
#VanRE
RiverSky condo at the New Westminster Quay... Seller has been trying to sell since Sept and has reduced the price further to $445K after failing to sell at $514,900 then $479,900.
Seller bought the unit in May of 2022 for $630K. If they get their price, they'd realize a loss of over $200K!
#VanRE
Seller bought the unit in May of 2022 for $630K. If they get their price, they'd realize a loss of over $200K!
#VanRE
December 3, 2025 at 12:58 AM
RiverSky condo at the New Westminster Quay... Seller has been trying to sell since Sept and has reduced the price further to $445K after failing to sell at $514,900 then $479,900.
Seller bought the unit in May of 2022 for $630K. If they get their price, they'd realize a loss of over $200K!
#VanRE
Seller bought the unit in May of 2022 for $630K. If they get their price, they'd realize a loss of over $200K!
#VanRE
October 31, 2025 at 11:51 PM
On a sidenote, this condo was purchased in 2021 for $594,900 +GST ($624,645 incl GST).
It's assessed at $637K.
It's already been listed for a year... First at $644K in Nov 2024 then again for $549,900 in Aug 2025.
"The unit is in need of some updates" (it's 5 years old)
#VanRE #GoodLuck
It's assessed at $637K.
It's already been listed for a year... First at $644K in Nov 2024 then again for $549,900 in Aug 2025.
"The unit is in need of some updates" (it's 5 years old)
#VanRE #GoodLuck
October 31, 2025 at 11:46 PM
October 31, 2025 at 11:40 PM
So many specu-vestor tears in this Olympic Village building...
This 592 sqft "2 bedroom" unit was just listed at $568K
Purchased new in 2021 for $799,900 (+GST) = $839,895 (GST Incl)
A sale at list price would realize over $300K in losses... One of 13 units for sale in this building.
#VanRE
This 592 sqft "2 bedroom" unit was just listed at $568K
Purchased new in 2021 for $799,900 (+GST) = $839,895 (GST Incl)
A sale at list price would realize over $300K in losses... One of 13 units for sale in this building.
#VanRE
October 18, 2025 at 12:32 AM
So many specu-vestor tears in this Olympic Village building...
This 592 sqft "2 bedroom" unit was just listed at $568K
Purchased new in 2021 for $799,900 (+GST) = $839,895 (GST Incl)
A sale at list price would realize over $300K in losses... One of 13 units for sale in this building.
#VanRE
This 592 sqft "2 bedroom" unit was just listed at $568K
Purchased new in 2021 for $799,900 (+GST) = $839,895 (GST Incl)
A sale at list price would realize over $300K in losses... One of 13 units for sale in this building.
#VanRE
This Olympic Village condo was listed for $888,800 after completion in Oct 2021..
Re-listed Jan 2025 and sat on the market for 10 months at $679K
Now listed at $599K 😬
It was purchased for $739,900 (+GST) = $776,895 (GST Incl)
A sale at the list price would realize a loss of over $200K
#VanRE
Re-listed Jan 2025 and sat on the market for 10 months at $679K
Now listed at $599K 😬
It was purchased for $739,900 (+GST) = $776,895 (GST Incl)
A sale at the list price would realize a loss of over $200K
#VanRE
October 18, 2025 at 12:21 AM
This Olympic Village condo was listed for $888,800 after completion in Oct 2021..
Re-listed Jan 2025 and sat on the market for 10 months at $679K
Now listed at $599K 😬
It was purchased for $739,900 (+GST) = $776,895 (GST Incl)
A sale at the list price would realize a loss of over $200K
#VanRE
Re-listed Jan 2025 and sat on the market for 10 months at $679K
Now listed at $599K 😬
It was purchased for $739,900 (+GST) = $776,895 (GST Incl)
A sale at the list price would realize a loss of over $200K
#VanRE
This West Vancouver British Properties home was purchased in 2022 for $4.8M.
It's now a court-ordered sale listed at $3.388M with no takers since May.
#VanRE
It's now a court-ordered sale listed at $3.388M with no takers since May.
#VanRE
September 29, 2025 at 4:48 AM
This West Vancouver British Properties home was purchased in 2022 for $4.8M.
It's now a court-ordered sale listed at $3.388M with no takers since May.
#VanRE
It's now a court-ordered sale listed at $3.388M with no takers since May.
#VanRE
Another Langley court-ordered sale... Seller bought this detached home in 2022 for $1.6M.
It's now listed for $1,199,900 and it's been on the market for a year now.
#VanRE
It's now listed for $1,199,900 and it's been on the market for a year now.
#VanRE
September 29, 2025 at 4:43 AM
Another Langley court-ordered sale... Seller bought this detached home in 2022 for $1.6M.
It's now listed for $1,199,900 and it's been on the market for a year now.
#VanRE
It's now listed for $1,199,900 and it's been on the market for a year now.
#VanRE
This Langley court-ordered sale 2 BR condo was built in 2024 and the buyer paid $713,895 (after GST - $679,900 before tax).
It's been listed since November 2024 and is now priced at $534,900.
YIKES 😖
#VanRE
It's been listed since November 2024 and is now priced at $534,900.
YIKES 😖
#VanRE
September 29, 2025 at 4:41 AM
This Langley court-ordered sale 2 BR condo was built in 2024 and the buyer paid $713,895 (after GST - $679,900 before tax).
It's been listed since November 2024 and is now priced at $534,900.
YIKES 😖
#VanRE
It's been listed since November 2024 and is now priced at $534,900.
YIKES 😖
#VanRE
September 26, 2025 at 11:29 PM
This downtown condo, on the North end of the Burrard bridge is re-listed once again this summer.
Seller bought it for $735K in Aug 2021.
Re-listed for $699,900 in June 2025..
No takers, re-listed for $669,900 earlier this month..
I guess not enough interest, so re-listed again for $599,900
#VanRE
Seller bought it for $735K in Aug 2021.
Re-listed for $699,900 in June 2025..
No takers, re-listed for $669,900 earlier this month..
I guess not enough interest, so re-listed again for $599,900
#VanRE
August 29, 2025 at 9:48 PM
This downtown condo, on the North end of the Burrard bridge is re-listed once again this summer.
Seller bought it for $735K in Aug 2021.
Re-listed for $699,900 in June 2025..
No takers, re-listed for $669,900 earlier this month..
I guess not enough interest, so re-listed again for $599,900
#VanRE
Seller bought it for $735K in Aug 2021.
Re-listed for $699,900 in June 2025..
No takers, re-listed for $669,900 earlier this month..
I guess not enough interest, so re-listed again for $599,900
#VanRE
South of the border... Seems bad.
July 30, 2025 at 11:16 PM
South of the border... Seems bad.
June 26, 2025 at 2:15 AM
"Condos that CASH FLOW" in Langley!
Pre-sale due for 2027 completion, $399K for a 2 bedroom 1 bath unit.
The catch? It's 502 sqft. 🤔
See floor plan below.
#VanRE
Pre-sale due for 2027 completion, $399K for a 2 bedroom 1 bath unit.
The catch? It's 502 sqft. 🤔
See floor plan below.
#VanRE
June 24, 2025 at 11:19 PM
"Condos that CASH FLOW" in Langley!
Pre-sale due for 2027 completion, $399K for a 2 bedroom 1 bath unit.
The catch? It's 502 sqft. 🤔
See floor plan below.
#VanRE
Pre-sale due for 2027 completion, $399K for a 2 bedroom 1 bath unit.
The catch? It's 502 sqft. 🤔
See floor plan below.
#VanRE
We have invisible planes. We've had the technology for years. Wonder Woman flies one. She's a close personal friend. Great outfit. Wish she were blonde like Ivanka.
June 19, 2025 at 7:40 PM
We have invisible planes. We've had the technology for years. Wonder Woman flies one. She's a close personal friend. Great outfit. Wish she were blonde like Ivanka.
I haven't seen a freehold condo in Vancouver (outside the DTES) sell below $400K in a long time. Seller accepted an offer $54K below asking (-12.6%) to offload this Mount Pleasant loft unit.
#VanRE
#VanRE
June 6, 2025 at 7:51 PM
I haven't seen a freehold condo in Vancouver (outside the DTES) sell below $400K in a long time. Seller accepted an offer $54K below asking (-12.6%) to offload this Mount Pleasant loft unit.
#VanRE
#VanRE
With 20% down, you are looking at a mortgage of $520K with monthly payments at $2,918.67. Maybe you can get that rate down, but you'll still need to factor in about $500/mo in strata fees and property taxes.
So with 20% down, best case scenario is you're underwater $1,000/mo.
3/
So with 20% down, best case scenario is you're underwater $1,000/mo.
3/
June 2, 2025 at 11:12 PM
With 20% down, you are looking at a mortgage of $520K with monthly payments at $2,918.67. Maybe you can get that rate down, but you'll still need to factor in about $500/mo in strata fees and property taxes.
So with 20% down, best case scenario is you're underwater $1,000/mo.
3/
So with 20% down, best case scenario is you're underwater $1,000/mo.
3/
Make it math...
ie. a 900 sqft 2 bedroom condo at $720psf, you are looking at $648K. Let's round up to $650K since we're likely adding PTT + other costs.
According to Zillow, the avg 2 BR condo in Surrey rents for $2,191, but let's be REALLY generous and round up to $2,500 because it's new.
2/
ie. a 900 sqft 2 bedroom condo at $720psf, you are looking at $648K. Let's round up to $650K since we're likely adding PTT + other costs.
According to Zillow, the avg 2 BR condo in Surrey rents for $2,191, but let's be REALLY generous and round up to $2,500 because it's new.
2/
June 2, 2025 at 11:12 PM
Make it math...
ie. a 900 sqft 2 bedroom condo at $720psf, you are looking at $648K. Let's round up to $650K since we're likely adding PTT + other costs.
According to Zillow, the avg 2 BR condo in Surrey rents for $2,191, but let's be REALLY generous and round up to $2,500 because it's new.
2/
ie. a 900 sqft 2 bedroom condo at $720psf, you are looking at $648K. Let's round up to $650K since we're likely adding PTT + other costs.
According to Zillow, the avg 2 BR condo in Surrey rents for $2,191, but let's be REALLY generous and round up to $2,500 because it's new.
2/
More tears in the luxury downtown condo market... This Coal Harbour sub-penthouse sold for a HUUUUUUGE loss after 3 years.
Sold $4M
Assessed $4.558M
Purchased Apr 2022 $5.788M
(Listed June 2023 $6.9M)
Est $2.1M loss after PTT and commissions
Notable $2,527/mo strata fees
#VanRE
Sold $4M
Assessed $4.558M
Purchased Apr 2022 $5.788M
(Listed June 2023 $6.9M)
Est $2.1M loss after PTT and commissions
Notable $2,527/mo strata fees
#VanRE
May 3, 2025 at 12:48 AM
More tears in the luxury downtown condo market... This Coal Harbour sub-penthouse sold for a HUUUUUUGE loss after 3 years.
Sold $4M
Assessed $4.558M
Purchased Apr 2022 $5.788M
(Listed June 2023 $6.9M)
Est $2.1M loss after PTT and commissions
Notable $2,527/mo strata fees
#VanRE
Sold $4M
Assessed $4.558M
Purchased Apr 2022 $5.788M
(Listed June 2023 $6.9M)
Est $2.1M loss after PTT and commissions
Notable $2,527/mo strata fees
#VanRE
May 2, 2025 at 1:26 AM
May 2, 2025 at 1:25 AM
YIIIIIIIIIIIIIIIIIIIIIIIIIIIIKES... Massive 4,000+ sqft sub-penthouse condo at the Fairmont Pacific sold for $5.5M less than the 2013 (!!!!) sale price
Sold $9.5M
Assessed $10.007M
Purchased May 2013 $15M
Inflation adjusted to $19.555M in today's dollars!
Peep the $3,651/mo strata fees! 👀
#VanRE
Sold $9.5M
Assessed $10.007M
Purchased May 2013 $15M
Inflation adjusted to $19.555M in today's dollars!
Peep the $3,651/mo strata fees! 👀
#VanRE
May 1, 2025 at 11:42 PM
YIIIIIIIIIIIIIIIIIIIIIIIIIIIIKES... Massive 4,000+ sqft sub-penthouse condo at the Fairmont Pacific sold for $5.5M less than the 2013 (!!!!) sale price
Sold $9.5M
Assessed $10.007M
Purchased May 2013 $15M
Inflation adjusted to $19.555M in today's dollars!
Peep the $3,651/mo strata fees! 👀
#VanRE
Sold $9.5M
Assessed $10.007M
Purchased May 2013 $15M
Inflation adjusted to $19.555M in today's dollars!
Peep the $3,651/mo strata fees! 👀
#VanRE
Gentrification hopes were dashed as this seller overpaid on this Woodwards condo in 2023...
Sold $535K
Assesed $602K
Purchased July 2023 $710K
Est $143K loss after PTT and commissions in under 2 years
#VanRE
Sold $535K
Assesed $602K
Purchased July 2023 $710K
Est $143K loss after PTT and commissions in under 2 years
#VanRE
May 1, 2025 at 11:36 PM
Gentrification hopes were dashed as this seller overpaid on this Woodwards condo in 2023...
Sold $535K
Assesed $602K
Purchased July 2023 $710K
Est $143K loss after PTT and commissions in under 2 years
#VanRE
Sold $535K
Assesed $602K
Purchased July 2023 $710K
Est $143K loss after PTT and commissions in under 2 years
#VanRE
A helluva beating at Joyce by Westbank...
Sold $770K
Assessed $759K
Purchased NEW Aug 2021 $1,010,799 (+GST)
= $1,061,339 (GST Incl)
Est $334.5K loss after GST, PTT, commissions
#VanRE
Sold $770K
Assessed $759K
Purchased NEW Aug 2021 $1,010,799 (+GST)
= $1,061,339 (GST Incl)
Est $334.5K loss after GST, PTT, commissions
#VanRE
May 1, 2025 at 11:32 PM
A helluva beating at Joyce by Westbank...
Sold $770K
Assessed $759K
Purchased NEW Aug 2021 $1,010,799 (+GST)
= $1,061,339 (GST Incl)
Est $334.5K loss after GST, PTT, commissions
#VanRE
Sold $770K
Assessed $759K
Purchased NEW Aug 2021 $1,010,799 (+GST)
= $1,061,339 (GST Incl)
Est $334.5K loss after GST, PTT, commissions
#VanRE