High-end Olympic Village home sales outpace expectations

Tuesday, August 28th, 2012

Glen Korstrom

The marketers of Village on False Creek sold six units on the weekend and are outpacing their own sales expectations, Rennie Marketing Systems owner Bob Rennie told Business in Vancouver yesterday.

Fewer than 200 of the village’s 737 units are left to sell, the company told BIV.

Many recent sales have been in the high-end Canada House, which was designed by late architectural legend Arthur Erickson and housed Canadian athletes during the 2010 Olympics.

Units at Canada House range between $1.2 million and $7 million, Rennie said.

Sales include 34 of the 40 units in the Canada House West building and 11 of the 20 units in the Canada House East building.

“I didn’t think [in early 2011] that I would bring Canada House to market until September of this year,” Rennie said. “So, we’re well ahead of our scheduled releases.”

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