Artist's Rendering of MC2 in South Vancouver
Aside from the words “sold for $100,000 over asking”, nothing makes the real estate junky salivate quite like the term “one day sell-out” – a term that’s thrown around when pre-sale marketing leads to people lining up around the block like West Side families trying to get their kids into French immersion. (Urban legend has it that many of these people risking nerve damage from standing on their feet for hours on end are not, in fact, actual condo purchasers, but are paid by investors who then take their place in line when it’s time to enter the building and sign the contract to purchase).
Well, Intracorp’s pre-sale of their new property at Cambie and Marine didn’t quite sell out; but it far exceeded expectations according to real estate marketer Bob Rennie.
347 out of a total of 443 homes sold on opening weekend, which is certainly respectable given the high amount of inventory on the resale market. Similar to projects around transit nodes like Brentwood and Metrotown, Intracorp MC² project seeks to capitalize on its location close to the Canada Line SkyTrain station.