An aging three-storey apartment complex covering one city block on Vancouver’s affluent west side has been sold at a hefty profit to a developer for $26.3-million, the latest sign of the boom in Canada’s most expensive housing market.
http://www.theglobeandmail.com/report-on-business/economy/housing/the-real-estate-beat/developer-pays-big-premium-in-hunt-for-vancouver-land/article23604767/