Property deals in Vancouver hit Olympic proportions during the Games

Visitors from around the world know value when they see it. The million dollar suites may not go to local buyers but visitors snap them up

VANCOUVER, B.C. - While most 2010 fans were happy with stuffed Olympic mascots and other Games trinkets, some visitors to Vancouver were snapping up more exclusive deals.

A Vancouver-based developer says while athletes were competing for gold, it struck gold of its own - selling seven luxury suites in two upscale apartment buildings in the city.

Aspac Developments says buyers, specifically in town for the Olympics, couldn't resist the suites, including a penthouse within spitting distance of the International Broadcast Centre on the shores of Coal Harbour.

Aspac says the penthouse, alone, sold for $22.3 million, while all seven suites fetched a total of $46.76 million.

A spokesman for the group marketing the developments says a stretch of unseasonably warm, sunny weather helped seal the deals, which were closed within the 17 day span of the Games.

George Wong believes the international flair and excitement that flourished during the Olympics made Vancouver extremely attractive.

From The Canadian Press, March 1, 2010 - 3:39 p.m. 

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