It became real comedy when some of the units were converted to low income housing which we linked here. You know, you get to sit on the top of the luxury, urban/suburban setting here sipping chardonnay with your fellow low income owners. Although I believe they prefer a pinot grigio, but this place supports diversity so that's OK.
But I could be wrong, this owner seems to be living the dream:
...When I evaluated 555YVR, I was struck by the urban contemporary feel (SoMA on North Main…), and their attention to design detail. Having lived here a few months, I find that the fringe benefits are not bad either. Walking distance to all the downtown amenities? Check. Proximity to public transportation and the freeway? Got that, too. Rooftop lounge with fireplace and stunning view of Mt D? Yup!Uh....yeah.
And now, to add to the mix, a nascent courtyard “scene”. What better way to wind down than returning home to an on site ”happening”! As a foodie bachelor who is challenged in the culinary department, I’m always a sucker for free food and wine. On my wishlist? That a certain residential yoga instructor organize a sunset yoga class up on the roof, followed by a wine social.
Anyway, the reason this came to my attention again is that I got a flier in the mail advertising a 3.5% down payment option. Brilliant! The less you put down the easier it is to walk away from this pig when it's lost half it's value. I mean what happens to the value of your condo if they decide to turn it into a rental building like the Mercer?