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This burned-out, collapsed Vancouver house is listed for $4 million

Allan Shifman
Yahoo Finance Canada
This former home is on sale for just shy of $4 million (REW)

They say when it comes to real estate, the three things that matter most are location, location, location.

Well, that old saying was never more true than it is for this house listing on West 3rd Avenue in Vancouver.

The home, is, well, not a home at all. It’s the remnants of fire. A literal pile of rubble. And it can be all yours for $3,990,000.

According to the Vancouver Courier: “Before it was fully engulfed in flames and a total write-off, the 1912-built home had eight bedrooms and five bathrooms.”

With Vancouver home sales hitting their lowest level in 18 years this month, one wonders if this is really the solution.

In reality, what’s for sale here is essentially an empty lot, a “rare development opportunity,” as the listing puts it.

But there’s something about the symbolism of a pile of garbage on sale for $4 million that perfectly sums up the real estate scene in Canada.

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