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A world-class Shangri-La condo in Vancouver for just $1? ThereB次元官网网址檚 just one catch

ItB次元官网网址檚 a luxury unit in the heart of Vancouver, what could go wrong?
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A one-bedroom unit at the Shangri-La in Vancouver is up on Craigslist for just $1 B次元官网网址 but thereB次元官网网址檚 a catch. (Craigslist)

Want to own a piece of luxury? Now, while Craigslist is typically better known for cheaper rentals, this listing is a little bit different.

A one-bedroom condo is available at the Vancouver Shangri-La for the low, low cost of $1 B次元官网网址 but thereB次元官网网址檚 a catch.

LetB次元官网网址檚 let our seller introduce the unit: B次元官网网址淚 own a 1 bedroom unit at the Shangri-La that has a couple of mortgages on it. There is essentially no equity left - given that the market has now fallen.B次元官网网址

The offer? B次元官网网址淎ssume the debt and own and takeover a unit in the Shangri-La for no money down!B次元官网网址

The unit is a one bedroom, one bathroom unit on a high floor. It faces north, has partial water views, comes with one parking stall and measures 677 sq. ft.

The listing goes on to describe the details, including a B次元官网网址渨ell appointed kitchen with granite countertops, Miele stainless steel stoveB次元官网网址 and top of the line faucet.B次元官网网址 ThereB次元官网网址檚 even the option to B次元官网网址渞elax in the spa-like bathB次元官网网址 and access to a 24-hour concierge and a top of the line fitness centre.

WhatB次元官网网址檚 not included however, is just how much the B次元官网网址渃ouple of mortgagesB次元官网网址 associated with the unit add up to, as well as the cost of monthly payments.

Currently, similarly sized units in the luxury hotel are advertised from $899,900 to $998,000.

The ad has been up for two weeks now with no sign of a deal, so if youB次元官网网址檙e looking for a luxury, no money down pad B次元官网网址 this might be your moment.


katya.slepian@bpdigital.ca

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