Canada's most expensive property hits the market, and it's right here in West Vancouver!

Something to ponder over the weekend .... !

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 offers stunning views of downtown Vancouver and the Burrard Inlet, not to mention privacy and seclusion.

There are three buildings on the 5.44 acre site, including a 450 square metre house, a doll house, horse barn and tennis courts.

The $40 million price assumes a total redevelopment of the property, including a 1,900 square metre ranch-style main house, 630 square metre guest house and a 232 square metre combination maids' quarters and office.

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

If the buyer prefers to keep the existing buildings, the price drops to $25 million - but it would still be 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 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 816 square metres on the main floor, 5333 square metres on the second floor and 946 square metres on the basement level with a level of finish never seen in Vancouver, according to local realtors.

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

Source: Peter Meiszner, Postmedia News


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