B.C.’s most valuable piece of property is located in Kitsilano.
According to B.C. Assessment Authority information, a single-family home on Point Grey Road is valued at $57.5 million, an increase from $54 million in 2014 — the most expensive in the province.
The home, which a number of media outlets have identified as belonging to former Lululemon CEO Chip Wilson, also topped the list of the 100 most expensive homes in Vancouver.
Situated on a 30,000-square-foot lot, the home has seven bedrooms and nine bathrooms.
A single-family home on Belmont Avenue in Point Grey with a value of $50 million is listed as the second most expensive home in Vancouver.
B.C. Assessment listed the most valuable 100 pieces of property in Vancouver as part of its annual assessment released Jan. 2, 2015.
Property No. 100 is a single-family home located in the University Endowment Lands and is valued at $14 million.
A $51-million home located on one of the Gulf Islands is listed as the second most expensive property in the province.
The first 78 properties listed in the province’s top 500 are from the Lower Mainland.
A $15 million property in Langford on Vancouver Island is the first property from outside the Lower Mainland to crack the list at No. 80. A Nanoose Bay property assessed at $10 million is the second and is listed at No. 281.
B.C. Assessment calculated the value of 323,000 properties in the Sea To Sky region for 2015.
