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Vancouver’s Most Prestigious Waterfront Neighbourhood: Harbour Green Park in Coal Harbour

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Written on January 20th, 2016

Coal Harbour  (Vancouver downtown)

On the edge of downtown, bordered by the magnificent views of the north shore mountains, the inlet to Vancouver Harbour and glorious Stanley Park, Coal Harbour is a premier residential district. Newer buildings elegantly placed along the northern shore of the downtown peninsula leading to the Lions Gate bridge and further to North Vancouver and the mountains, this high-end community boasts some of the best views in Vancouver.

Towering over the downtown this stronghold of beautiful, world-class buildings creates a breathtaking sky scape that surrounds a magnificent harbour of sailboats, powerboats and giant yachts. The seawall that is steps from your doorstep brings epic strolls within reach as bands of people revel at the blend of ocean, mountains and forest knitted neatly together to give you the best of all worlds. 

 Three Harbour Green, 277 Thurlow, Vancouver

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Three Harbour Green at 277 Thurlow Street is the last genuine waterfront tower in the Coal Harbour neighbourhood. It is a fitting final chapter to Aspac’s Coal Harbour legacy – a vision that began and ends with excellence.

Three Harbour Green resides at the northeast corner of Thurlow Street and West Cordova Street, soaring 32 floors with 81 units.  Completed in spring 2012, Three Harbour Green boasts an unmatched waterfront location, allowing unobstructed panoramic views of Vancouver’s most iconic sceneries: ocean, Stanley Park, Lions Gate Bridge, Harbour Green Park, Mountains, North Shore, and Downtown Vancouver.

Architecture

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Harbour Green Three is a high-end, high-rise residential building that completes development along the Coal Harbour waterfront in downtown Vancouver. Comprised of a 32-storey tower., the building provides 82 units ranging from 1200 to 4500 sq.ft.; and stretches up to 355 ft. tall. Sited at the junction in between the financial district and Vancouver’s west end, the building provides a visual link between the simple office typology of the financial district (to the east) and the more complex residential developments (to the west).

Fronting seven acres of waterfront park space, the development achieves its architectural excellence in response to this prominent site, as well as an attention to high quality materials and design. The building itself has two ‘personalities’ between the office towers to the east, and the new residential towers to the west. As such, the eastern façade of the building is uniform and minimalist as a pure curtain wall. The west side of the building is more complex, rendered as a series of stone-clad boxes hanging off the building, or ‘sky gardens’.

Interior Design

Features throughout all spaces evoke a sense of high-end luxury living. Vibrant colours, patterns, and textures create a striking first impression. High-quality finishes and furnishings are simplistic, sleek, and complement the detailing throughout.

 

Two Harbour Green, 1139 W.Cordova, Vancouver

Harbour Green Two at 1139 West Cordova Street, is a modern waterfront Coal Harbour building that offers  some of the very finest design, quality, and style in all of Western Canada.  From the contemporary architecture to the Snaidero design Italian kitchens, Harbour Green has everything and more you would expect from an A+ waterfront building.  From a white marble lobby to world class spa and amenities this tower offers the best luxury in all of Coal Harbour.

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Two Harbour Green sets the bar another notch higher for Vancouver waterfront real estate. he sixty 2 and 3 bedroom tower suites, which range in size from 2,400 to 3,600 sq. ft., are crowned by a 5,800 sq. ft. penthouse with a rooftop garden, and a 5,200 sq. ft. sub-penthouse. Eight of the tower suites are two storey lofts that combine chic, metropolitan style with waterfront cachet. Two Harbour Green also offers nine 2 and 3 storey townhomes for those who aspire to the convenience and sophistication of the urban waterfront lifestyle, yet the privacy and individuality of a multi-style house.

Upon arrival at the round-about drop off area, you enter an expansive and grand lobby as if you are going to a business convention at a 5-star hotel. All 5 floors of amenities here are suitable for private functions, events, and entertainment with world class quality.  Amenities include a 25 meter pool, gym, steam room, sauna, virtual putting green, concierge and security, a great room for entertaining, and a guest suite.

One Harbour Green, 1169 W.Cordova, Vancouver

 

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Urban waterfront living without compromise. Open floor plans ranging from 1,700 to 3,300 sq. ft. A 5,600 sq. ft. penthouse with two storey window wall and rooftop garden. Room for every detail of your life.   Exclusive. 23 floors. 47 suites. 8 townhomes each with a unique floor plan. Absolute privacy.  Service and amenities of a 5-star resort. Exceptional interior details. Appliances that are blend of art and cutting-edge technology. Unparalleled luxury.

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Harbour Green Market Activity

There has been relatively little market activity for Harbour Green Park in 2015. There were four sale transactions during 2015 for Harbour Green Park compared to eight transactions in 2013; when there were four sold in 2HG, three sold in 1HG and one sold in 3HG. The average selling price of 2015 sales was $3,791,750 with all units having two bedrooms,3 bathrooms & two parking stalls. Typical price per sq. ft. in Three Harbour Green is in the range of $1900 to $2300 plus per square foot, with the highest price per.sq.ft being paid in 2015 at $2,316 per sq.ft.. Active listings in Three Harbour Green are listed at $2400 per sq.ft.  It will be interesting to see how these units fare in the market today and how many calendar days they remain on MLS before they sell, expire or are terminated.

2015  Harbour Green Sales
MLS# Address List Price Sold Price CDOM Sold Date Sq.ft. S.per/sf
V1140167 1503-277 Thurlow $3,788,000 $3,400,000 10 30-Aug-15 1880 $1,809
V1105184 1201-277 Thurlow $6,250,000 $5,520,000 18 1-Mar-15 2500 $2,208
V1127294 2001-277 Thurlow $6,198,000 $5,819,000 49 31-Dec-15 2513 $2,316
V1112402 902-1139 W Cordova $4,998,000 $4,280,000 100 26-Jun-15 2400 $1,783

One notable observation of the market for Habour Green Park over the past few years is the high number of expired and terminated listings relative to solds. These figures suggest that the overall chance of selling a listing at Harbour Green Park is less than 30% – especially if the unit is not sharply priced.  When we look at the ratio of sales to expired/terminated listings across all three towers, Three Harbour Green has an even lower percentage of success. This may be changing.

 

2015

 Harbour Green Market Activity

ACTIVE SOLD TERM.

EXPIRED

277 Thurlow

3HG

4

3 3 2

1139 W.Cordova

2HG 1 1 2

0

1169 W.Cordova 1HG 0 0 0

2

Current Coal Harbour active listings:

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