One bedroom for sale at The Shangri La

Shangri-La Vancouver is amongst Vancouver’s most prestigious buildings offering top of line luxury, central Downtown Coal Harbour location, and Vancouver’s tallest tower soaring 61 levels. The consistent modern minimalist luxury feel is highlighted in the Boffi Italian designed Shangri-la kitchens. High-end appliances like Sub-Zero and Miele, are used throughout offering the best design and utility while being pleasing to the eye. Soft touch wood minimalist cabinets & drawers, combined with flush granite countertops put these kitchens into a category of their own. This suite offers spectacular views to the North and is centrally located in the heart of Vancouver. # 3204 1111 ALBERNI ST, Vancouver. Listed By: Royal LePage Northshore.

Click here to see all listings for sale at The Shangri La, Vancouver.

bedrooms			1		location			Vancouver
bathrooms			1		age			1
view			city & mountains		taxes			$2,446 in 2009
sq ft			677 Sq.Ft.		strata fees			$350
price			$638,000		mls®#			V795658

Shangri La Two Bedroom Condo with View for sale

Shangri-La, this South/West exposure, 2 bedroom, 2 bathroom is 1,134 sf of luxury living. This suite features 9 ft ceilings, hardwood flooring, geo-thermal heating and air conditioning, stainless steel Miele appliances and Sub-Zero refrigerators. Located in the heart of Downtown Vancouver, close to the best restaurants, shopping, Urban Fare, CHI spa and entertainment the city has to offer! # 3008 1111 ALBERNI ST, Vancouver. Listed By: Century 21 In Town Realty.

Click here to see all condos for sale at The Shangri-La, Vancouver.

bedrooms			2		location			Vancouver
bathrooms			2		age			1
view			city & mountains		taxes			$3,811 in 2009
sq ft			1,134 Sq.Ft.		strata fees			$598
price			$1,099,000		mls®#			V794640

Summary for local Downtown Vancouver Market Report

The market continues to show positive signs.  Inventory is still low, and our market still remains as a sellers market (defined by having less than three months supply).  Sales activity has slowed down since the Summer months which is typical for this time of year, however; sales in October were up 4.1% from September which was already a very active month.  Compared to October of 2008, sales were up 117% for Greater Vancouver. 

“High confidence and low mortgage rates are continuing to drive the activity we’re seeing in the housing market today. We’re coming off several months of unseasonably high sales levels, which has allowed for a gradual increase in home values this year,”  - Scott Russell, Real Estate Board of Greater Vancouver (REBGV) president said.

This month I wanted to more of an analysis of Greater Vancouver, and Western Canada.

November Market Update
Since the market correction last winter, the market has bounced back nicely to test previous highs, both in the number of sales and in benchmark prices. The summer of 2009 surprised many analysts and market-watchers with both its resiliency and fervour, and clients have asked what will happen in the fall and winter.

No one really knows what the market will do, but traditionally, the winter season has resulted in a slow-down in the market as families buckle down for the school year, weather patterns make buyer tours less pleasant, and holiday planning begins. Because there are fewer buyers, some sellers will decide that they can wait until these buyers return, which results in less supply to offset the drop in demand.

However, statistics show that house prices tend to be lower in the winter than in the summer which is why home price stats are seasonally adjusted. People who sell in the winter are more likely to be ready to sell and realistic rather than curious and unmotivated. Also, because there are fewer buyers, true negotiations between buyers and sellers are more likely to occur in place of auction-type multiple offer situations.

So what does this mean if you're a buyer or seller? If you're a buyer that has the flexibility to purchase during the winter months, your selection may become more limited, but if you find what you like, you will likely have a better opportunity to negotiate for your home rather than bid for it. If you're a seller, a limited supply can work in your favour if you have a good realtor that can outline the unique features of your home.

Every situation is different, and each year presents a new set of challenges and opportunities that require professional analysis.  Source, Macdonald Realty Ltd.

Shangri La condo for sale at 1128 West Georgia

Presenting the private estate 59th floor sub-penthouse unit at "The Shangri-La", this LUXURIOUS residence has UNOBSTRUCTED sweeping views of English Bay, Stanley Park and the majestic landscape of the West End from all rooms. Unique upgraded marble flooring with stunning kitchen by Boffi, Sub-Zero/Miele appliances, including custom built-in wine cooler and cappuccino coffee maker, Tech upgrades includes Lutron automatic shades plus block out shades in bedrooms, music sound system in all rooms by Millson Multi Media. Luxurious baths with fixtures by Hansgrohe Axor-Philippe Starck, Geothermal heating and cooling, side by side parking with attached lockers. Enjoy all the hotel's 5 star amenities and services. # 5901 1128 W GEORGIA ST, Vancouver. Listed By: Prudential Sussex Realty.

Click here to see all listings for sale at the Shangri La, Vancouver.

bedrooms			2		location			Vancouver
bathrooms			3		age			0
view			city & mountains		taxes			$13,221 in 0
sq ft			2,632 Sq.Ft.		strata fees			$1,327
price			$4,180,000		mls®#			V794970

Stunning Shangri La Condo for sale with views of the city

Phenomenal views fromo this high floor suite in Vancouver's tallest masterpiece, the Shangri-La. Stunning view of English Bay, Downtown Vancouver and Mt. Baker from this 2 bedroom 2.5 bathroom home. Luxuriously appointed with Sub-Zero and Miele appliances, the finest engineered hardwood flooring, imported porcelin tiles, top of the line faucets and a 6 piece master ensuite that is fit for a king and queen. This building also features Geo-Thermal heating/cooling and world class amenities that make living Shangri-La the most desired lifestyle in the city. 2 parking spaces and 1 storage locker come complete with this suite. # 3806 1111 ALBERNI ST, Vancouver. Listed By: Coldwell Banker Westburn Rlty.

Click here to see all listings for sale at The Shangri La, Vancouver.

bedrooms			2		location			Vancouver
bathrooms			3		age			1
view			city & mountains		taxes			$5,445 in 2009
sq ft			1,552 Sq.Ft.		strata fees			$768
price			$1,699,000		mls®#			V786684