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.
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.
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.
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.
