391 sq.ft. condo in Vancouver Downtown for $625,000

Vancouver real estate one bedroom pre-sale

 

**Obervation** **NOT my listing**

This "one" bedroom in this pre-sale luixury building is listed for assignment for the price of $625,000. It is on the 31st floor so view is probably pretty good. But does it commend a price of $1,600 per sq.ft? By the way, parking is not included...

 

Last I checked, price per square foot in New York City is $1,450, with a population of about 8.5Million. Whereas City of Vancouver has about 610,000... Something doesn't quite add up here I feel... 

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