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What housing crisis? New Richmond condo is only for cars

The Italian culture is captured in the “Marinello” package.
Image Credit: SUBMITTED/Trove
September 15, 2017 - 5:30 PM

RICHMOND - Finally, luxury cars in the Lower Mainland won't have to sleep on the street.

As if to punctuate metro Vancouver's ridiculous housing prices, a new luxury condominium complex in Richmond is designed only for the cars of the wealthy, who are quickly becoming the only people who can afford housing at all. 

The cost of purchasing a house in Metro Vancouver is sky high with the average cost of an apartment well over half a million dollars. Trove is the company behind the car condos and advertises they will provide "automotive storage condominiums unlike any other" and all but 20 per cent of the units have been reserved, according to its web site.

This luxury garage, being built across the street from the Richmond Auto Mall, will have everything from two vehicle elevators to a private gated security entrance with cameras.

Luxury car condos coming soon to Vancouver.
Luxury car condos coming soon to Vancouver.
Image Credit: Instagram/Trove Club

The developer for the project is Hungerford Properties. Its website states that "TROVE will redefine what it means to own a luxury vehicle in Vancouver." The aim is to create a community of like-minded individuals with a passion for expensive cars.

There are a variety of interiors to choose from such as the "Detroit" package which is inspired from the "growl of American auto culture" to "Stuttgart" which places emphasis on the German "art of engineering and precision." If none of the package deals suit your fancy, you can design your own interior.

Costs were not immediately available but Global News says they start at $600,000 each.

Trove did not return calls for this story.


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News from © InfoTel News Ltd, 2017
InfoTel News Ltd
Tags: Vancouver

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