Luxury Yaletown Condo Sells for $5.9 Million with Space Rivaling Detached Homes
A substantial sub-penthouse condominium in Vancouver's prestigious Yaletown neighborhood has changed hands in a multi-million dollar transaction that highlights the enduring appeal of luxury urban living. The property, located at 1515 Homer Mews within the King's Landing tower, was listed for $5,988,000 and ultimately sold for $5,888,000 after just 23 days on the market.
Impressive Dimensions and Premium Features
What sets this property apart is its remarkable scale. With an internal floor plan measuring 2,673 square feet plus nearly 500 square feet of terraces, the three-bedroom, three-bathroom unit offers more living space than many detached single-family homes in the region. The monthly maintenance fee for this expansive residence is $3,156.24.
The condo boasts numerous high-end features that justify its premium price point:
- Marble-accented bathrooms with Kohler and Grohe fixtures
- Hardwood floors throughout the living spaces
- A gourmet kitchen equipped with a Viking gas range and separate pantry
- Ten-foot-high ceilings with wraparound windows offering panoramic views
- A marble gas fireplace adding warmth and elegance to the main living area
- Walk-in closets outfitted with custom organizers
- A private two-car garage with additional storage space
Prime Location and Exceptional Views
Positioned as a sub-penthouse in one of Yaletown's most desirable buildings, the unit offers nearly 500 square feet of terraces that provide breathtaking vistas of False Creek marina, the Vancouver skyline, and surrounding mountains. The primary bedroom wing has been specifically designed to maximize these views while offering luxurious private space.
Resort-Style Amenities for Residents
Beyond the private residence, owners at King's Landing enjoy access to comprehensive resort-style amenities that rival high-end hotels. These include a fully-equipped gym, swimming pool, sauna, billiard room, private theater, and guest suites for visiting friends and family.
Transaction Details and Market Context
The sale closed on October 21, with Karim Virani of Virani Real Estate Advisors representing the seller and Deanna Lawrence of Oakwyn Realty acting as the buyer's agent. The property's British Columbia Assessment value was $5,420,000, making the final sale price approximately $468,000 above the assessed value.
This transaction occurred as part of a weekly roundup of recently sold properties in Metro Vancouver, highlighting continued activity in the region's luxury real estate market despite broader economic uncertainties. The relatively brief 23-day marketing period suggests strong demand for premium properties with exceptional features and locations.
The Yaletown neighborhood, once an industrial area transformed into one of Vancouver's most sought-after residential districts, continues to attract buyers seeking urban sophistication combined with waterfront access and proximity to downtown amenities. This particular sale demonstrates that well-appointed, spacious condominiums in prime locations can command prices comparable to luxury detached homes in other parts of the metropolitan area.
