Sold 10/29/10 - Dealer website has marked it as sold.
10/12/10 Update - Price lowered to $28,990 from $29,990
9/27/10 Update - I got a little more information on this coupe. This is a US vehicle and has had 2 previous owners. All service records are included and it had a new clutch installed at 24,000 miles. It had it's S54 engine replaced in 2007 at Kuni BMW in Oregon which is a very big plus. I also added a link to some more photos. The interior looks to be in nice shape as well.
9/23/10 Update - Price reduction to $29,990 from $31,990 which makes it about right for a Canadian car.
9/4/10 Update - It appears to have been placed on consignment with The BMW Store in Vancouver for $31,990. It's really nice that they have all the service records.
8/30/10 Update - Price lowered to $30,000 from $32,000
It looks like it's in great condition. Having the S54 engine and clutch replaced 1,500 miles ago is a big plus as early S54 engines had rod bearing issues. The price is a little high for the mileage, but that is not out of the norm for a Canadian coupe.