April 30, 2012
Suite in Gastown receives multiple offers
Water Street apartment in one of the city’s oldest building retains heritage facade, but has modern interior
601 — 36 Water St., Vancouver
Type: One-bedroom, one-bathroom apartment
Size: 733 sq. ft.
B.C. Assessment, 2012: $491,000
Listed for: $625,000
Sold for: $625,000
Sold on: March 22
Days on market: 1
Listing agent: Angele L’Abbe at Sutton Group – West Coast Realty
Buyer’s agent: Tyler MacDonald at Century 21 In Town Realty
The big sell: The Terminus development in Gastown is a good example of a sympathetic restoration of one of the city’s earliest buildings. The result is a seamless combination of old and new. The Salient Group specializes in this type of project, and the 2008 renovation of Terminus ensured the historical facade was retained, while creating modern loft interiors with 10-foot ceilings. This sub-penthouse suite features floor-to-ceiling windows, exposed concrete, an integrated kitchen with Bosch appliances, a Philippe Starck-designed linear bathroom, walnut hardwood flooring, geothermal heating and air conditioning, generous custom-built storage, and a Russound music system with built-in speakers and wall-mounted controls. Listing agent Angele L’Abbe, says there were multiple offers, with buyers attracted by the Gastown location, the unit’s contemporary interior and perhaps the biggest attraction of all: a private 250-square-foot terrace.