Pacific Rim Penthouse most expensive condo sale

The penthouse at Fairmont Pacific Rim in Vancouver has sold for $25 million, making it one of the most expensive condos ever sold in Canada, the CBC reports.

We told you last month that the Coal Harbour flat was listed as the second most expensive property in the country at $28.8 million. So, if the CBC’s $25 million figure is correct, it would seem the buyer got the three-year-old “Penthouse One” at a bit of a bargain.

The home’s impressive stats via the MLS listing:

  • Size: 6,434-square-feet
  • Scope: 14 rooms in total over two floors, including three-bedrooms and four-bathrooms. Also boats a rooftop terrace overlooking Coal Harbour, the ocean and North Shore Mountains
  • Additional costs: $68,000 a year in taxes and $4,272 a month in condo fees

The realtor wasn’t willing to give up the identity of the buyer, but the CBC sites “sources” when it says “members of a wealthy Middle Eastern family were in town last week to look at properties in Vancouver,” adding that whoever bought the Fairmont penthouse also purchased one other property in the city.

It’s worth noting that while the Coal Harbour home was the priciest condo on Canada’s housing market in recent history, it’s not the most expensive condo sale of all time. That honour belongs to the West Penthouse at Toronto’s Four Seasons which sold for $28 million just two years ago.

Additional images of Penthouse One:

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