Must Sell – COVID19 deals in Victoria

Luxury home owners internalizing big losses as COVID19 pandemic sets in.


The owner of this luxury waterfront home at 2086 Marne St in Victoria’s gonzales area bought in 2016 for $3.29M and this week the Seller accepted an offer for $2.85M = $440k+ internalized loss.

This owner of this luxury condo in Victoria’s inner harbour sold their unit for $123,000 below asking price after sitting on the market for over 1 month

This luxury home in North Saanich was recently listed for $100k less than it was purchased for in 2016. The owner then accepted an offer that was $100k below ask price, which means the Seller internalized a loss of $200k+


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