Don’t have $63 million? That’s what it takes to buy Canada’s most expensive listing

Canada's most expensive real estate listing is right here in Vancouver

Need more proof that the city’s housing market is red hot?

According to a recent report from www.point2homes.com, four of the country’s top 10 priciest real estate listings, including the number-one most expensive home for sale in Canada, are in Vancouver.

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  • In at No. 8 is 4838 Belmont Ave. Listed at $28 million, this 8,100-square-foot property in Point Grey, on 35,500 square feet of land, has five bedrooms and seven-and-a-half bathrooms. Highlights include an impressive grand foyer, double height living room, a family/media room, gourmet kitchen and indoor swimming pool with hot tub.
4838 Belmont Ave
Source: Photo courtesy of Manyee Lui and Associates

  • Listed at $29.8 million, Gables Estate at 2106 SW Marine Drive takes the No. 7 spot on the list. This home boasts six bedrooms and eight bathrooms, as well as its own private park, two golf courses and an infinity pool. The 10,000-square-foot Tudor-style mansion stands on 4.25 acres of well-manicured land. Take heart — when the Courier wrote a story about this house in January, it was listed for $38 million.
2106 SW Marine Drive
Source: Photo courtesy of Engel & Volkers
 
  • The #2 home on the list is actually three-properties in one — 1238, 1242 and 1248 Tecumseh Ave. in the prestigious 1st Shaughnessy district is listed for $46.8 million. The main estate, villa and garden house have a combined 12 bedrooms, 10 full and three half bathrooms, and a whopping eight fireplaces. These properties were No. 1 on Point2 Homes’ list in March (for the same listed price.)
Tecumseh Ave
Source: Photo courtesy of Manyee Lui and Associates

  • In at No. 1 is Belmont Estate. The exclusive listing was recently released and set a record for Greater Vancouver real estate with a listing price of $63 million. Listed with Sotheby’s International Realty Canada, the 21,977-square-foot mansion sits on 1.28 acres and is the family home of Canadian philanthropists Joseph and Rosalie Segal. It has five bedrooms and 12 bathrooms, an Italian-inspired kitchen with sitting area and fire place, indoor pool and sauna, six-car garage and a private-entrance in-law’s suite. Inspired by the French gardens of Versailles, the estate features a three-tiered garden.
belmont estate 2
Source: Photo courtesy Marketwired

 

By the way, the Segals’ home is by no means the highest-assessed property in Vancouver — that honour goes to Chip Wilson’s $75.8 million home nearby on Point Grey Road, while the Segals’ neighbour at 4707 Belmont Avenue has the second-highest assessment in the province at $69.2 million.

Rounding out the list are a 10-bedroom mansion in Toronto’s Bridle Path, a Calgary post-and-beam, a seaside West Vancouver home, two houses in Surrey, including a 9,000 sq.ft. house for those seeking “an extravagant lifestyle” and a home in North Vancouver.

For the complete listing click here

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