Inside $58 million Vancouver penthouse: most expensive in history

Got $58.8 million to spare? Then you might be the right buyer for the most expensive condo listing in Vancouver history.

The penthouse at Three Harbour Green, a luxury condo tower in Coal Harbour next to the Vancouver Convention Centre, is currently listed for $58,888,000 by local realtor Juliana Jiao of Macdonald Realty. 

The agent describes the listing as a “once-in-a-lifetime opportunity to own the most prestigious penthouse in Vancouver.” The penthouse takes up the entire top two floors of the building and measures more than 8,000 square feet.

There are four bedrooms, five bathrooms, two stunning rooftop terraces and a large balcony. There is 4,840 square feet of outdoor space, which is fully landscaped and features several dining areas.

The views are spectacular, with 360 degree unobstructed views of the ocean, mountains, Stanley Park, the Lions Gate Bridge and English Bay.

Although the building was completed only four years ago in 2012, the penthouse was completely custom-designed by local interior design agency, House of Bohn, and completed in 2016.

If you’re wondering where to store your fleet of luxury vehicles, not to worry — there is a private seven-car garage, as well as three storage units. 

With B.C.’s 15 per cent foreign buyer tax, a foreign buyer could expect to pay $8,833,200 in tax alone — bringing the total price to $67,721,200. Plus, there are $70,000 in annual City of Vancouver property taxes due, plus strata fees, which are not specified in the listing, but likely run into the thousands of dollars per month.

Interestingly, this exact same property, before renovations was listed shortly after completion in 2013 for $22.3 million, according to Pricey Pads.

The previous record for the highest priced condo in Vancouver was at the Fairmont Pacific Rim, where a $55 million penthouse was sold to a prince from the Middle East, who paid cash in 2013. 

Here’s the listing copy in full:

“A once-in-a-life-time opportunity to own the most prestigious PENTHOUSE in Vancouver: The Penthouse at Three Harbour Green, the most prestigious tower by the water’s edge, nestled in the most respected oceanfront neighbourhood in Coal Harbour in downtown. The LARGEST PH in Coal Harbour. The ONLY PH atop the tower, expanding the whole floor on 2 levels (8,009sf),+2 stunning rooftop terraces & 1 balcony (4,840sf). 4 bdrms. Entirely custom designed by House of Bohn&upgraded by Trademark w/ ultra luxury finishes in 2016. 360 degree unobstructed, panoramic views of ocean, mountains, Stanley Park, Lions Gate, English Bay. 10-20-ft ceiling, Private 7-car garage, 3 storages. 24/7 Concierge, full luxury amenities. The PH at 3HG is unfolding the most exclusive lifestyle & awaiting your celebration.”