Quick Flip: Vancouver Mansion Back on the Market After Selling in April for $7.5-Million

5055 Connaught Drive, Vancouver, British Columbia, Canada, V6M 3G2

Updated Listing Here

So few people can actually call Vancouver home due to the ridiculous housing costs and those that can just seem to buy and sell within a year without ever laying roots or even knowing their neighbours. In this case, this spacious Cotswold cottage-style residence in Vancouver’s ritzy Shaughnessy neighbourhood is back on the market after selling just 6 months ago. Truly one of Vancouver’s most unique homes, it’s been described by the Vancouver Heritage Foundation as a remarkably intact, huge Arts & Crafts home, with a rolled shingled roof mimicking the thatched roofs found in England. The heritage property came on the market earlier this year for $8.998-million before selling on April 20th for $7.5-million, a substantial discount from the original ask price. Today, the residence is back on the market with a different agent, but with the exact same listing photos & exact same write-up for $9.88-million – a $2.38-million increase from what they paid on April 20, 2015. It will be interesting to see what happens with this listing in Vancouver’s red hot real estate market.