Yaletown Penthouse SOLD – ‘Iliad’ PH-1245 Homer Street – Listed $4,650,000

Dec 17, 2019 | Buying, Vancouver

Why this Penthouse is Awesome

SOLD to our awesome buyers! One of the most unique and special homes available on the market in recent history. AMAZING penthouse home in the boutique ‘Iliad’ loft building at 1245 Homer Street in Vancouver. What makes this home so amazing:

  • 2,834 sqft

  • An elevator that opens directly into the suite

  • 2,825 sqft private rooftop terrace

  • Private rooftop swimming pool

  • 2 master suites

  • MASSIVE chef’s kitchen

Combined 5,659 sqft of indoor/outdoor living space on the quietest block on sought-after Homer Street. Listed at $4,650,000 – we got a huge discount as a result of doing thorough due diligence.

The Foreclosure Process

This was not an easy sale. This was a foreclosure sale and the process was drawn-out and rather painful for our clients. Yesterday, we were in court for the entire day, which included the current owner participating in an attempt to block our sale, arguing that the accepted offer price was too low. The judge heard him out, and asked a variety of questions to see if he could help the owner in some way, but ultimately decided that he could not help. Our deal was approved by the court system, and our clients acquired their special property.

Thank You’s to the Team

We want to thank Alanna McGee for collaborating with us throughout this long purchase process, to Douville & Co for doing a thorough home inspection, to Lower Mainland Roof Inspections and Consulting for helping us to put together a plan for the rooftop, and to our clients for being so patient through this stressful and draining process. Hard work, diligence, and patience paid off!

‘Gossip Girl’ Feature

Recently, this amazing home was featured on Narcity.com, where the blog writes that ’this apartment for sale in Vancouver will make you feel like you’re in ‘Gossip Girl’.

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