Take a peek inside the most expensive home for sale in Vancouver (PHOTOS)

Home of philanthropists Joe and Rosalie Segal was listed privately for a record $63 million in 2017, and has now come onto the MLS at a lower price

There’s grandeur, and then there’s Belmont Estate.

Priced at $58 million, the Point Grey home of philanthropists Joe and Rosalie Segal at 4743 Belmont Ave is currently the most expensive home on listings portal REW, and it’s easy to see why.

article continues below

Built in 1992, the estate, which spans 21,977 square feet, is the result of the collaboration between the owners and Ernest Collins Architect Ltd. According to agents at Sotheby's International Realty Canada, the home’s design process was more than five years in the making and every material, every placement and each appointment throughout the home was carefully chosen to create its opulent feel.

belmont estate 11
Photo REW/Sotheby's International Realty Canada

Stepping through the home’s solid oak cathedral doors and into the grand hallway, with streaming natural light, art, and soaring ceilings would make anyone feel like royalty. The hallway’s striking French Ormolu chandelier and grand piano, which has been played by world-class musicians, sets the tone for the rest of the property.

The five-bedroom, 12-bathroom home boasts a traditional European interior with gold ornate trimmings, arched doorways, chandeliers and marble countertops and floors.

The three-storey mansion, as expected, has all the extras, including an elevator (because who likes stairs), a gym, indoor pool, hot tub, library, wine cellar and three fire places.

belmont estate 2
Photo REW/Sotheby's International Realty Canada

And, of course, stunning water and North Shore mountain views. Not to mention, sprawling manicured gardens and a stone waterfall feature to top it all off.

The property's most recent BC Assessment value, as of July 2019, was $32,771,000, down from $37,274,000 in 2018 and $42,952,000 in 2018. 

The home was marketed privately by Sotheby's in 2017 for $63 million, and recently came onto the MLS at the slightly reduced price of $58 million.

If you are curious, with a 20 per cent down payment of $11,600,000, the luxurious property would cost $212,626 a month on a 25-year loan.

Click here for original article.

Read Related Topics

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

Please keep your comments, clean, civil and respectful. Comments deemed inappropriate or libelous will be removed. The Burnaby NOW makes no guarantee of comments’ factual accuracy.

The Burnaby Now welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Popular Burnaby Now

Community Events Calendar