January 3, 2018
B.C. Assessment has released its list of the most expensive residential properties in the province and the house that came out on top won’t likely be a surprise.
Chip Wilson’s home, located at 3085 Point Grey Road in Vancouver, once again tops the list with an assessment value of $78,837,000. That’s up from $63 million in 2016, $57.6 million in 2015 and $54 million in 2014.
At 15,694 square feet, the Lululemon founder’s home sits on a waterfront lot on the exclusive “Golden Mile,” which houses many of the city’s most luxurious multi-million-dollar homes.
READ MORE: Chip Wilson’s Vancouver home now worth over $75 million
This assessment information was released on Jan. 2 but is based on market values as of July 1, 2017.
Once again at number two on the list is the property located at 4707 Belmont Ave., about an eight-minute drive away from Wilson’s home.
This house, which overlooks Spanish Banks, is an estimated 25,000 square feet.
In third place, again, is James Island, a privately-owned Southern Gulf Island.
The island now boasts a 5,000-square-foot principal residence, six guest cottages, private docks, an airstrip, pool house and manager’s residence.
READ MORE: Meet the billionaire who’s selling this B.C. island for $75M
The rest of the homes on the top 10 list are all located in Vancouver.
The residence at 4719 Belmont Ave. came in fourth with an assessed value of $46,684,000.
Wilson’s neighbour at 2815 Point Grey Rd. has the fifth priciest home in B.C. with an assessed value of $45,875,000.
Rounding out the top 10 in B.C. is:
6 – 4743 Belmont Ave. with a value of $42,952,000.
7 – 1388 The Crescent with a value of 42,494,000.
8 – 4857 Belmont Ave. with a value of 41,730,000.
9 – 4773 Belmont Ave. with a value of 40,276,000.
10 – 2999 Point Grey Rd. with a value of 38,684,000.
You can check out the value of your home and others’ online here.