About our correspondent: Kim Bellavance is a professional photographer based in Vancouver. She grew up with a camera in her hand, always looking for the perfect shot. In this new original story, she met with Engel & Völkers agent Katie Burkard for a tour of this eclectic PH conversion in Gastown.
No wonder why this place was recently sold quickly by Katie Burkard at Engel & Völkers for 1 188 000$. This converted loft is something quite rare and unique in a city as “young” as Vancouver.
The area called Gastown is one of the oldest part of the city where you will find most of these units. The revived neighborhood is very dynamic, with its world renowned restaurants, incredible shopping, ideal cafes for people-watching and of course the old and beautiful architecture surrounding an eclectic mix of people that are passionate to call it home.
About the Koret Building
Built on seven lots in 1909, the brick, stone and old growth timbers housed an uncharacteristically large (150,000 sq ft) warehouse space. Formerly bordered on the northwest by the Canadian Pacific Railway, the McLennan and McFeely Building was the Vancouver base for the large-scale importer and distributor of hardware and building supplies of the same name. The building is a perfect example of the opportunity that being located at the terminus CP rail station provided. These buildings and the area capitalized on being the western destination and distribution point for goods manufactured in the east. In 2004, with dreams of SoHo’s Meatpacking District and London’s Docklands, Worthington Properties embarked on a loft conversion in proper form.
“Vancouver doesn’t have too many heritage conversion lofts. The Koret is a very unique building for a lot of reasons. First the developer was able to maintain so many original aspects of the building within the loft suites” explains Katie.
“Some are split level where an old staircase used to be. Some other units have the old door-archways cemented into the walls and most of the condos have gorgeous fir beams throughout. The PH floor that we visit today was an addition to the original building, allowing a developer to do high ceiling, terraces, lots of windows and private rooftop patios, on some. It’s also dual zoning, meaning it can be used both for residential and commercial use.”
This place has a wide open feel as soon as you step inside. A 40ft long terrace stretches the length of the entire north facing side, providing a beautiful view on the North Shore. The terrace is accessible by two big sliding doors. During the winter, the wall of floor to ceiling windows will perfectly frame the snow capped mountains and harbour.
“Another thing I love about this building is that the demographic is a straight across-the-board. You have families with children, down sizer’s, corporate offices, students, DINKS (double income, no kids) and working professionals in the area” tells us Katie.
Katie Burkard uses her innovative mind to solve the puzzles of real estate sales.Since November 2015, she operates under the luxury banner Engel & Völkers, which recently took over Sotheby’s Yaletown office. We’d like to thank her for her time and the lovely visit!