Most Expensive House In Vancouver?

[InTheBum]

Found a house in West Van that will be worth 35 million when construction is completed and the house across the street is also under construction and will be 25 million when done...this has to be the most expensive street in the city!?

Does anyone know of a home over the 35 million mark in Vancouver?

Vancouver is clearly the city of the have and have nots...

 

[FuZzYknUckLeS]

...
Vancouver is clearly the city of the have and have nots...

Indeed, there is alot of cash in this city. Someone found it feasible to open a new Ferrari/Maserati dealer on Burrard, a sign that Vancouver has arrived.

 

[LonelyGhost]

Vancouver is clearly the city of the have and have nots...

isn't this just a remake of your other Vancouver sucks thread????

 

[Cosmo]

Vancouver is clearly the city of the have and have nots...

Ummm... if you had the money... you would live where? Lac La Biche?

 

[CalgaryJenn]

Vancouver House Prices Expected To Rise 4-6% In 2006
Vancouver's housing prices will continue to be the most expensive in Canada, with an average home rising to $469,700 and the city posting some of the strongest price appreciation in the country.

Vancouver is predicted to see home prices rise by 4-6% in 2006, a far slower rise than the estimated 17.4% escalation seen in 2005.

Solid job market, rising wages and relatively low interest rates will continue to fuel the demand for housing in Vancouver.

Lower Mainland real estate has escalated sharply in the last 5 years. The average price of housing in Vancouver was $295,978 in 2000. Prices have caught up and are not stabilizing as are the number of sales in Vancouver, slowing to a more stable rate. 2006 sees the number of sales to decline 4.9%.

The national average housing prices are expected to increase 6% to $271,800 in 2006. Currently, the most affordable cities to buy homes are Regina ($138,000), Winnipeg ($152,000) and Halifax ($202,800) according to 2006 estimates.

Besides Vancouver, Toronto and Calgary top the list of the most expensive cities. Estimates for 2006 averages are $364,000 in Toronto and $283,400 in Calgary.

I'd settle for this home at $12 Million! With a house like this, I'd have to hire a few naughty pooners to be my maintenance staff.

 

[Tug Pilot]

Most Expensive...so far

I pulled this off of MLS

http://www.mls.ca/PropertyDetails.a...RL=%3fAreaID%3d1048&Mode=0&PropertyID=2929876

Hope the link works

Tug

 

[gravitas]

Does anyone know of a home over the 35 million mark in Vancouver?

I can say with 100% certainty that if I had $35mil to drop on a house the last thing you'd see would be my furry white ass headed straight out of dodge. Buy a mountain in the middle of no where, build my little castle and fly in weekly shipments of scotch, organic eats, dog food and freshly minted 18 year old Quebecois virgins ready to be deflowered

 

[InTheBum]

20 mil...that is the best attempt?

That 20 mil house is 11,000 square feet...which is less than 1/2 of the one currently under construction.

35 million house gets you:

25,000 square feet, with every room custom built
200k home theatre
1 spa cave
1 large pool with incredible view of Vancouver
1 acre...3 lots in West Vancouver
2 Garages
1 Furnace the size of an automobile
1 Zinc Panel front gate
1 Badminton Court
1 very large stone waterfall
1 Sauna Room
1 Wine Cellar with rock work
2 Alarm systems
1 fire sprinkler system throughout the whole house
approx 250 light fixtures
1 whirlpool on the top floor with view of the city
a dozens of rooms...

I think gravitas has a better idea...

 

[InTheBum]

Solid job market, rising wages and relatively low interest rates will continue to fuel the demand for housing in Vancouver.



I'd settle for this home at $12 Million! With a house like this, I'd have to hire a few naughty pooners to be my maintenance staff.

Solid job market? Alberta job market is much much stronger...and they don't rely on Banks, HOtels, Constuction and dope.

Rising Wages? Wages in Vancouver is pretty stagnant and once again much much lower than Alberta. About 30 to 40% lower in fact.

Low Interest Rates? Interest rates are rising and fear of inflation is creeping in...I guess you don't follow the stock market...

 

[SInCity67]

Solid job market? Alberta job market is much much stronger...and they don't rely on Banks, HOtels, Constuction and dope.

Rising Wages? Wages in Vancouver is pretty stagnant and once again much much lower than Alberta. About 30 to 40% lower in fact.

Low Interest Rates? Interest rates are rising and fear of inflation is creeping in...I guess you don't follow the stock market...

algary isnt even as close as gourgous as Vancouver is. Theres a reason why we are always ranked 1 or second place to live in the world. Calgary might have better jobs and so on but Vancouver will always be better to live in.

 

[LittleAsianGuy]

I can guarantee you a person who buys a 700k-1mill home or a overpriced apartment spend a majority of their time working or commuting to work. These people often dont have time to notice the mountains,trees,and beaches etc.

algary isnt even as close as gourgous as Vancouver is. Theres a reason why we are always ranked 1 or second place to live in the world. Calgary might have better jobs and so on but Vancouver will always be better to live in.

 

[jimbo2006]

I can guarantee you a person who buys a 700k-1mill home or a overpriced apartment spend a majority of their time working or commuting to work. These people often dont have time to notice the mountains,trees,and beaches etc.

well, considering the majority of d/t luxury condo sales are to foreign buyers who only inhabit the property a few months out of the year, you're absolutely correct LAG. That's one hell of a commute from California, China, HK or Timbuktu

Beautiful or not, I think a bigger driver of foreign buying is the wide selection of stock. Vancouver is the 'home depot' of brand spanking new luxury condos in north america. That and the snow capped backdrop plus a solid year over year return on investment just can't be beat. On a recent flight I spotted a couple of luxury condo ads in the inflight magazine featuring none other than Mr. Bob

 

[jimbo2006]

Solid job market? Alberta job market is much much stronger...and they don't rely on Banks, HOtels, Constuction and dope.

Rising Wages? Wages in Vancouver is pretty stagnant and once again much much lower than Alberta. About 30 to 40% lower in fact.

Low Interest Rates? Interest rates are rising and fear of inflation is creeping in...I guess you don't follow the stock market...

Agree. Calgary's got the more fundamentall business-cycle driven economy. Much of the locally generated wealth here is in the services or tourism area not to mention old money asset appreciation. Think I saw something from the board of trade indicating average household income figures here at $35-$40K compared to $50K in Seattle, $75-80K in SanFran.

Figures do not include SP income!

 

[hornyitalian06]

Vancouver House Prices Expected To Rise 4-6% In 2006
Vancouver's housing prices will continue to be the most expensive in Canada, with an average home rising to $469,700 and the city posting some of the strongest price appreciation in the country.

Vancouver is predicted to see home prices rise by 4-6% in 2006, a far slower rise than the estimated 17.4% escalation seen in 2005.

Solid job market, rising wages and relatively low interest rates will continue to fuel the demand for housing in Vancouver.

Lower Mainland real estate has escalated sharply in the last 5 years. The average price of housing in Vancouver was $295,978 in 2000. Prices have caught up and are not stabilizing as are the number of sales in Vancouver, slowing to a more stable rate. 2006 sees the number of sales to decline 4.9%.

The national average housing prices are expected to increase 6% to $271,800 in 2006. Currently, the most affordable cities to buy homes are Regina ($138,000), Winnipeg ($152,000) and Halifax ($202,800) according to 2006 estimates.

Besides Vancouver, Toronto and Calgary top the list of the most expensive cities. Estimates for 2006 averages are $364,000 in Toronto and $283,400 in Calgary.

I'd settle for this home at $12 Million! With a house like this, I'd have to hire a few naughty pooners to be my maintenance staff.

Jenn, if you bought that house I would definitely cum to work for you as your pool boy .

 

[LonelyGhost]

Jenn, if you bought that house I would definitely cum to work for you as your pool boy .

i don't know why some guys think trading their dignity for sex
would be attractive to most women!

 

[Avery]

With a house like this, I'd have to hire a few naughty pooners to be my maintenance staff.

Yeah, but would you pay them enough to enable them to afford your services?