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Most expensive residential listing in Canadian history goes on the market

Most expensive residential listing in Canadian history goes on the market - image

Canada’s most expensive residential real estate listing is on the market in West Vancouver and it can be yours if you’ve got $39.9 million to spare.

The hillside property at 2190 Camelot Avenue in West Vancouver offers stunning views downtown Vancouver and the Burrard Inlet, not to mention privacy and seclusion.

There are currently three buildings on the 5.44 acre site, including a 5,000 square feet house, doll house, horse barn and tennis courts.

The $40 million price assumes a total redevelopment of the property, including a 21,091 square feet rancher-style main house, 7,000 square feet guest house and 2,580 square feet combination maids’ quarters and office.

The new main house will feature 6 bedrooms, negative edge pool, hot tub, indoor and outdoor ponds, 3 waterfalls, billiards room, movie theatre, wine cellar, gym, massage room, and 15-car garage.

If the buyer prefers to keep the existing buildings, the price drops to $25 million, but it’s still the second most-expensive listing in Vancouver.

According to the listing agent, there have already been several serious offers for the redeveloped property, mostly from buyers based in Mainland China.

A massive home under construction since 2007 in Vancouver’s Point Grey neighbourhood will likely eclipse the West Vancouver listing in price and opulence when it’s completed. The property will be 9,063 square feet on the main floor, 5,917 square feet on the second floor and 10,512 square feet on the basement level with a level of finishing never seen in Vancouver, according to local realtors.

The individual behind the Point Grey property is unknown, apart from that the lot was purchased in 2005 by Pisonii Limited, a company with a Geneva post office box and a British Virgin Islands address. The property was previously owned by Vancouver businessman Nelson Skalbania.

View the West Vancouver listing here

Watch the News Hour Wednesday night for more on this story.

peter.meiszner@globalnews.ca

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