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Vancouver condo sells for $25M

The penthouse condo at the Fairmont Pacific Rim has sold for $25 million, making it one of the most expensive condos to ever be sold in Canada. The condo was listed at $28.8 million and had been on the market for nearly two years. The new owners, whose identities have not been disclosed, will be paying $68,000 a year in taxes on the property, along with $4,200 a month in condo fees.