More Olympic condos being released

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VANCOUVER (NEWS1130) – It wasn’t that long ago we were calling the former Olympic Athletes Village a ghost town, but now the tumbleweeds are giving way to the shuffling feet of even more homebuyers as another batch of condos is going on the block today.

Eighty-four homes in the Shoreline building are being launched to realtors.  The east-facing units, with views of the newly renovated BC Place and Downtown Vancouver, range in price from $500,000 all the way to $2 million.

Condo marketer Bob Rennie says the entire project is now 60 per cent sold.  “Out of the 737 condominiums, we’re sitting at 427 sold.”

He’s impressed by the brisk pace of sales.  “We’ve sold 159 homes in 156 days, so just over one a day.  So we’re really happy that the public is accepting the product.  I think for the 640,000 citizens of Vancouver the Village has finally stabilized.”

Rennie adds including rentals and non-market housing, the former Athletes Village is now 73 per cent occupied.

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