494 suites sold in one day as buying frenzy hits Yaletown

Marketer Bob Rennie says sales are brisk for Yaletown Park Tower 3 (model on left at the preview centre at Granville and Georgia) after Towers 1 and 2 sold out.

CREDIT: Bill Keay, Vancouver Sun

A condo-buying frenzy hit an unprecedented fever pitch Feb. 28 when buyers snatched up 494 suites in Towers 1 and 2 of the Yaletown Park project in downtown Vancouver.

The first two towers are now sold out and sales at the project's much-anticipated Tower 3 are also brisk.

Only 55 condominiums are still available after the third tower's 272 units were offered for sale by marketer Bob Rennie on April 27.

The project, which appeals to those seeking a downtown lifestyle within close proximity to the city's main amenities, features one bedroom, one-bedroom-and-den, two bedroom, and penthouse units.

When completed in early 2007, homeowners can look forward to living in a highrise that subtly echoes the area's historic architecture. Brick pilasters, concrete spandrels, "punched out windows," metal canopies and masonry on the street-level townhomes are just part of the package.

The project includes Yaletown Park, a 17,000-square-foot urban park that is a paved square defined by plantings on all four sides.

The park is expected to be a vibrant urban space set amidst lush plants and heritage granite curb pieces pointing true north.

For more information on the Yaletown Park project, call 604-694-1610 or go to www.yaletownpark.com.