Vancouver Sun

Kitsilano has priciest home in city, but there are plenty of contenders

- DAVID CARRIGG dcarrigg@postmedia.com twitter.com/davidcarri­gg

A search through the B.C. Assessment Authority’s list of the most valuable homes in B.C. is dominated, naturally, by the City of Vancouver.

$73.12 MILLION

At the top of the pile is Chip Wilson’s Kitsilano manse. The $73.12-million grey concrete structure was built across four waterfront lots in 2008 and is listed at 15,694 square feet (curiously, the most spacious of the three floors is in the basement). The address is 3085 Point Grey Rd. if you want to take a stroll in front of the home and have a look.

Breaking it down by Vancouver neighbourh­ood, that puts Kitsilano at the top.

$65.47 MILLION

At No. 2 is Point Grey, where a home at 4707 Belmont Ave. was valued at $65.47 million, as of July 1, 2018, which is the valuation date the assessment authority uses. For my money, this is better value than Chip’s place. Completed in 2007, it’s on a massive 1.719-acre lot with the same ocean views and has 28,794 square feet of living space.

$35.16 MILLION

Vancouver’s third-priciest neighbourh­ood is Shaughness­y, which has as its most valuable residence a $35.16-million, 17,000-squarefoot home completed in 1998 that boasts an indoor pool, undergroun­d parking and a 2,000-square-foot maid’s residence. The address is 3489 Osler St.

$32.34 MILLION

The fourth-most valuable neighbourh­ood, according to the assessment authority list, is Coal Harbour, which has as its most valuable residence a condo — a really, really expensive condo. This place is listed as Unit 3101277 Thurlow St. and is valued at $32.34 million. It’s on the top floor and comprises 8,000 square feet. Strangely, it has six bathrooms and three bedrooms. This property was sold to 0996109 B.C. Ltd. in May 2014 for $16.6 million — a cash sale. According to title records, the key company director is Wang An Ban.

$22.19 MILLION

The fifth-most valuable neighbourh­ood is Southlands. The property of greatest value there is at 2106 Marine Dr. and is worth — according to the authority — $22.19 million. Most of the value is in the land, as the 10,000-square-foot home sits on a 4.2-acre site. The home was built in 1929. It’s owned by 2106 Marine Holdings Ltd., a company whose main director is Tsai Pei-Ching of Taiwan.

 ?? MARK VAN MANEN/FILES ?? In Kitsilano, Chip Wilson’s $73.12-million grey concrete structure was built across four waterfront lots in 2008 and is listed at 15,694 square feet. A search of the B.C. Assessment Authority’s list of the most valuable homes in B.C. places the manse at No. 1.
MARK VAN MANEN/FILES In Kitsilano, Chip Wilson’s $73.12-million grey concrete structure was built across four waterfront lots in 2008 and is listed at 15,694 square feet. A search of the B.C. Assessment Authority’s list of the most valuable homes in B.C. places the manse at No. 1.

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