Just as the real estate market in Greater Vancouver has started turning the corner, an expensive penthouse in downtown Vancouver was recently sold, in what could be another sign that activity in the market is picking up. (Although one could argue that if you can afford such a penthouse, market conditions are probably not of much concern.)

The penthouse that sold was the one atop the Hotel Georgia at the prominent intersection of W Georgia Street and Howe Street, right across the street from CF Pacific Centre.

Right at the corner, at 801 W Georgia Street, is the iconic 12-storey Hotel Georgia that was originally constructed in 1927 and was acquired by Pacific Reach Properties in 2017 for $145 million (who also recently acquired the Ritz-Carlton Toronto).

The adjacent 48-storey residential tower at 667 Howe Street was completed in 2013 and is home to 156 condo units known as the Private Residences at Hotel Georgia.

The penthouse, 4801-667 Howe Street, was listed for sale by Malcolm Hasman of Angell Hasman & Associates (Malcolm Hasman) Realty Ltd. earlier this year with an asking price of $17,800,000, according to REALTORS.ca. Although REALTORS.ca says the sale price is unconfirmed, Zealty.ca said the penthouse was sold on July 18 and that the sale price was reported at $15,750,000 on August 1, after being on the market since April 8, 2025 (101 days).

BC Assessment values the penthouse at $13,911,000 in an assessment dated to July 1, 2024. The buyer is unknown, but was represented by Rennie, according to Zealty.ca.

The penthouse includes four bedrooms, seven bathrooms, and 7,236 sq. ft of luxurious living space, thus the sale price translates to $2,177 per sq. ft. The unit makes up the entire top floor of the building, providing 360° views of downtown Vancouver, in addition to a gourmet kitchen, a second prep kitchen, a billiards room with wet bar, 700-bottle wine storage room, outdoor dining terrace, and building amenities such as an indoor pool, spa, gym, and 24-hour concierge.

SpecsAddress: 4801 667 Howe Street, VancouverBedrooms: 4Bathrooms: 5+2Size: 7,236 sq. ftListed By: Malcolm Hasman, Angell Hasman & Associates (Malcolm Hasman) Realty Ltd.

“The Hotel Georgia Penthouse defines the ultimate in sophisticated lifestyle, ideally situated in the heart of Vancouver’s downtown district just steps to the city’s most fashionable restaurants and exclusive shopping boutiques,” said Malcolm Hasman on his website.

“Recently refinished by ‘Mitchell Freedland Design‘, this beautiful home provides approximately 7,200 square feet of indoor living on one expansive level, boasting 360 degree unobstructed city, ocean and mountain views from five walk-out terraces including a fabulous outdoor Summer Lounge equipped with gas fireplace and a covered, heated dining area with built-in barbecue,” he added. “Enjoy spacious entertainment-sized rooms, providing a sophisticated and luxurious lifestyle, while embracing the security and convenience of today’s most advanced technologies. Exquisite design, master craftsmanship and luxurious finishes blend seamlessly to create a one-of-a-kind international masterpiece.”

Photos via Angell Hasman & Associates (Malcolm Hasman) Realty Ltd.