January 2, 2018 5:46 pm
Updated: January 2, 2018 6:07 pm

BC’s new top 10 most expensive residential properties

Chip Wilson's home as seen through satellite imagery.

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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.

 

4707 Belmont Ave.

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.

4719 Belmont Ave.

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.

© 2018 Global News, a division of Corus Entertainment Inc.

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