Vancouver is full of million-dollar views, and one lucky buyer just got one in a recent hotel apartment sale at the Shangri-La for over $1 million under the asking price.
Unit 5204 at 1128 West Georgia Street just sold for $4,100,000. That might seem like a lot until you see that the asking price was actually $5,190,000.
It did manage to sell over the 2025 assessed value of the unit, which is $3,870,000.
Interlink Realty
The apartment unit, which features two bedrooms and three bathrooms, is located high up inside the Shangri-La tower, the tallest building in Vancouver. When it was built in 2009, it sold for $3,680,000, under the asking price of $3,800,000 that year.
Interlink Realty
The unit features 2,387 sq ft of space.
According to the Interlink Realty listing, the Vancouver hotel apartment offers many amenities and luxurious features, such as overheight ceilings, distributed music systems, Lutron shades and light systems, and Boffi kitchen components.
Interlink Realty
Considering that it’s located inside one of Vancouver’s most prestigious hotels, it also gives the new owner hotel amenities like concierge service, a gym, library, spa, pool, and theatre.
Interlink Realty
While you might argue with the price of the Vancouver apartment, one thing you can’t argue with is the views, which the apartment offers in spades from practically every room.
Interlink Realty
Other benefits for the new owner of this luxury residence include two side-by-side parking stalls with an EV charger and two storage rooms. The property is also centrally located, near lots of shops, cafes, restaurants, and activity spots like the Vancouver Art Gallery and the Stanley Park Seawall.
Interlink Realty’s listing says that the now-sold unit is rarely on the market and was a “must-see.”
The assessed value only recently went down, and it did so by a pretty decent chunk. The previous assessed value was $4,486,000. It dropped by over $600,000 after the most recent assessment.
With a 20% down payment on a five-year fixed mortgage, the average monthly payment would be around $19,000.
Do you think the views from this apartment are worth the price tag? Let us know in the comments.