Fancy living in the newest Trump Tower in Vancouver – Luxury two-bedroom flat goes on the market for $2.2million

Friday, March 31st, 2017

Myra Butterworth

All 290 apartments in the Vancouver tower sold before the building was finished last year

Would you buy an apartment for sale in Vancouver’s Trump Tower, which also includes a hotel (pictured is the hotel entrance)

Pictured: Residents enter the tower via their own private entrance (on the right) which is separate to the main entrance to the hotel (on the left)

The luxury apartment is on the 29th floor of Vancouver’s Trump Tower and is for sale for $2.2m

The designer Archlinea kitchen includes a dining area and high-tech Gaggenau appliances

There are two spacious bedrooms with ensuite bathrooms and lighting that is controlled by the touch of a button

The ensuite bathroom features polished marble floors and a mat volcanic limestone sink

The beautifully designed Chinese restaurant Mott 32 is based at Vancouver’s Trump Tower

A two-bedroom apartment in Trump Tower, Vancouver, has gone on the market for $2,198,000 (US$1.65million or £1.3million).

The luxury pad in Vancouver – on the west side of Canada – is part of the latest development to be built under the Trump International Hotel & Tower brand. All 290 apartments in the Vancouver tower sold before the building was finished in November last year.

The two-bedroom apartment has doubled in price since it was bought ‘off-plan’ by an investor in 2014 and has never been lived in. We visited the property to take a closer look, and found that it was presented to a showroom standard.

Anyone visiting the $2.2million flat must not be afraid of heights as it is on the 29th floor of the 69-floor ‘twisting’ tower that stands 616 ft high.

The apartment boasts a balcony that comes with views of the ocean and snow-capped mountains, as well as a gas connection for a BBQ.

The designer interior spans across 1,180 square feet and has an open plan living area with a stylish Archlinea kitchen that includes high-tech Gaggenau appliances.

There are other sized flats for sale in the tower for various prices. However, it is understood that this apartment is the most expensive flat for sale per square foot. 

There are two bedrooms with ensuite bathrooms, which have polished marble floors and mat volcanic limestone sinks.

All of the blinds, temperature, lighting and home security are operated at the touch of a button view a Creston home automation system.  

The apartment is decorated throughout in a soft colour scheme that includes light grey, brown, pink and white.

 Vancouver is one of the world’s most expensive property markets and investors who snapped up the apartments in the city’s Trump Tower before they were built can expect to enjoy healthy profits if they sell at the current asking prices.

Local estate agent Les Twarog suggested that at least half of the tower’s apartments would have been bought by overseas buyers, such as from China and Korea.

He claimed that many of the properties have remained empty, with investors preferring to avoid the hassle of tenants and any additional income they generate, focusing instead on capital gains.

However, this could soon change amid the city’s introduction of a 1 per cent vacancy tax in July on all homes left empty for at least six months.

Describing the apartment we visited, local estate agent Les Twarog, said: ‘This is a very desirable part of town to invest in as values have gone up by 40 per cent in the past three years. However, many investors are concerned about the vacancy tax introduced being introduced in July.’ 

The President doesn’t own the building, but does allow the tower to use his name. (The owner and developer of Trump International Hotel & Tower Vancouver is TA Global Bhd.)

Residents who own a property in the tower have access to the hotels services and facilities, which are based on the levels below the apartments. These include its fitness centre and swimming pool, along with 10 per cent discounts at the fine dining Chinese restaurant Mott 32 and The Spa by Ivanka Trump. 

The sale of the apartment is being handled by estate agent Angell Hasman and Associates.

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