The Village at False Creek, formerly known as the Olympic Village

The new sales campaign for the The Village at False Creek starts next month, with Bob Rennie promising to sell 60 units in 60 days.

Previews are now on, with sales officially starting March 5, although many of the units have already been spoken for according to Rennie.

As we previously reported here,  suites in two of the interior buildings are back on the market at around 30% off the original prices, with up to 50% off the most expensive units.

Here’s a list of some of the suites up for grabs:

181 W 1st Ave

BRIDGE BUILDING
(1516 Columbia St., 170 Athletes Way, 160 Athletes Way, 150 Athletes Way, Vancouver)

Studio: 349,500 – $354,900
1 Bedroom $369,900 – $389,900
1 Bedroom plus $350,900 – $570,900
2 Bedroom $729,900 – $749,900
2 Bedroom plus  $510,900 – $1,669,900
3 Bedroom plus $1,099,900 – $1,919,900
Penthouses: $1,249,900 – $1,769,900
Luxury Collection $2,799,900 – $4,100,900

77 Walter Hardwick Ave

KAYAK BUILDING
(77 Walter Hardwick Ave., 12 Athletes Way, 1633 Ontario Street, Vancouver)

Studio $339,900 – $379,900
1 Bedroom $329,900 – $499,900
1 Bedroom plus $329,900 – $599,900
2 Bedroom $499,900 – $549,900
2 Bedroom plus  $469,900 – $1,799,900
3 Bedroom plus $1,275,900 – $1,900,900
Penthouses: $639,900 – $739,900
Luxury Collection: $2,150,900 – $3,599,900

For more information on the Village at False Creek, visit their official website

What do you think? Will these new discounts help move the units?

By the way, I’m not clear on what “plus” means: den or flex (which could be a windowless room?)

Also, I still think it’s overpriced, especially for the smaller studio units. For example, comparable studios under construction across the street at Wall Centre False Creek were priced at $260,000 – $290,000 only a couple of months ago.

It’s also Leed Silver – not as good as the Olympic Village’s rating, but still impressive nonetheless.

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