These are the 10 most highly valued properties in B.C., according to the latest assessment
B.C.'s latest property assessments have been released and it appears, like many detached homes across the Lower Mainland, the most expensive ones increased in value last year.
All but one of the properties listed in the top 10 – a private island – went up in value compared to the previous year and nearly all are in Vancouver's Point Grey and Kitsilano neighbourhoods. In fact, more than half of the top 10 are on Belmont Avenue, including a mansion that sold for a record-breaking price in April.
The numbers, which are based on market values as of July 1, 2021, were released Sunday, showing increases hovering around 20 per cent and higher across the region for detached homes.
Vancouver-based realtor Kate MacPhail told CTV News that because the values only go to July 1, they don't paint the whole picture for the year. In fact, for the totality of 2021, property value increases were probably around 30 per cent, on average.
Here are the top 10 most highly valued properties in B.C., according to the latest assessments:
10. 4857 Belmont Ave., Vancouver
4857 Belmont Ave.
The six-bedroom, five-bathroom home at 4857 Belmont Ave. (Google Earth)
Total taxable value: $33,910,000
Previous year's value: $31,576,000
Built: 1986
Number of bedrooms: 6
Number of bathrooms: 5
Floor area: 9,068 square feet
Land size: 2.7 acres
Sales from last three years: None
9. 4749 Belmont Ave., Vancouver
4749 Belmont Ave. in Vancouver. (Google Earth)
Total taxable value: $33,959,000
Previous year's value: $25,764,000
Built: 2019
Number of bedrooms: 7
Number of bathrooms: 9
Floor area: 25,164 square feet
Land size: 1.2 acres
Sales from last three years: None
8. 4773 Belmont Ave., Vancouver
4773 Belmont Ave.
A five-bedroom, nine-bathroom property next to Spanish Banks Beach Park. (Google Earth)
Total taxable value: $35,078,000
Previous year's value: $32,787,000
Built: 2010
Number of bedrooms: 5
Number of bathrooms: 9
Floor area: 13,842 square feet
Land size: 1.1 acres
Sales from last three years: None
7. 8030 Alpine Way, Whistler
8030 Alpine Way, Whistler. (Google Earth)
Total taxable value: $35,819,000
Previous year's value: $26,877,000
Built: 2019
Number of bedrooms: 3
Number of bathrooms: 6
Floor area: 18,814
Land size: 41.8 acres
Sales from last three years: None
6. 2815 Point Grey Rd., Vancouver
2815 Point Grey Rd.
Located in Kitsilano and nestled between two parks, the home at 2815 Point Grey Rd. (Google Earth)
Total taxable value: $38,267,000
Previous year's value: $34,269,000
Built: 1962
Number of bedrooms: 5
Number of bathrooms: 6
Floor area: 9,301 square feet
Land size: 0.8 acres
Sales from last three years: None
5. 4719 Belmont Ave., Vancouver
4719 Belmont Ave.
Property at 4719 Belmont Ave. (Google Earth) In addition to this six-bedroom, 10-bathroom house, several other homes nearby are also in the top 10.
Total taxable value: $39,912,000
Previous year's value: $35,500,000
Built: 1997
Number of bedrooms: 6
Number of bathrooms: 10
Floor area: 18,398 square feet
Land size: 1.4 acres
Sales from last three years: None
4. 4743 Belmont Ave., Vancouver
(Sotheby's International Realty Canada)
Total taxable value: $40,913,000
Previous year's value: $33,839,000
Built: 1992
Number of bedrooms: 5
Number of bathrooms: 12
Floor area: 16,510
Land size: 1.3 acres
Sales from last three years: $42,000,000 in April 2021
3. James Island, Gulf Islands
James Island B.C. (Google Earth)
Total taxable value: $54,716,000
Previous year's value: $57,980,000
Built: 2008
Number of bedrooms: 4
Number of bathrooms: 5
Floor area: 4,656 square feet
Land size: 770 acres
Sales from last three years: None
2. 4707 Belmont Ave., Vancouver
4707 Belmont Ave.
Photos from Google Satellite and Street views show the house at 4707 Belmont Ave.
Total taxable value: $64,600,000
Previous year's value: $60,362,000
Built: 2007
Number of bedrooms: 10
Number of bathrooms: 17
Floor area: 28,794
Land size: 1.7 acres
Sales from last three years: None
1. 3085 Point Grey Rd., Vancouver
The priciest property in Vancouver is Lululemon founder Chip Wilson's palatial waterfront home in Point Grey. (Google Satellite View)
Total taxable value: $73,147,000
Previous year's value: $66,828,000
Built: 2008
Number of bedrooms: 7
Number of bathrooms: 9
Floor area: 15,694
Land size: 0.7 acres
Sales from last three years: None
With files from CTV News Vancouver's Ben Nesbit
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
CTVNews.ca Top Stories
Dogs, drones, and word of mouth: How police narrowed in on Luigi Mangione
After UnitedHealthcare's CEO was gunned down on a New York sidewalk, police searched for the masked gunman with dogs, drones and scuba divers.
'Governor Justin Trudeau': Trump appears to mock PM in social media post
Amid a looming tariff threat, U.S. president-elect Donald Trump appears to be mocking Prime Minister Justin Trudeau, referring to him as 'Governor Justin Trudeau' in a post on Truth Social early Tuesday.
'I never got the impression he would self-destruct:' Friends of suspect in fatal CEO shooting left in shock
Months before police identified Luigi Mangione as the man they suspect gunned down a top health insurance CEO and then seemingly vanished from Midtown Manhattan, another disappearing act worried his friends and family.
Google pulls McDonald's negative reviews over arrest in UnitedHealth murder
Google on Monday removed derogatory reviews about McDonald's MCD.N after the suspect in the killing of UnitedHealth executive Brian Thompson was arrested at its restaurant in Altoona, Pennsylvania, where police say a customer alerted a local employee about him.
BREAKING
BREAKING 'Godfather of AI' Geoffrey Hinton receives Nobel Prize in physics
Artificial intelligence pioneer and British Canadian computer scientist Geoffrey Hinton received the Nobel Prize for physics at a ceremony in Stockholm.
Taxpayer-funded Eras Tour tickets returned by federal minister
While tens of thousands of fans packed Vancouver's BC Place for the last shows of Taylor Swift's Eras Tour this weekend, a federal cabinet minister wasn't one of them.
'Serial fraud artist': Crown wants 8-year jail term for fake nurse who treated nearly 1K B.C. patients
B.C. Crown prosecutors are calling for an eight-year prison term for a woman who illegally treated nearly 1,000 patients across the province while impersonating a real nurse.
Union dropped wage demand to 19% over four years in Canada Post negotiations: CUPW
The Canadian Union of Postal Workers has reportedly dropped its wage demand to 19 per cent over four years, CUPW negotiator Jim Gallant told CTV News.
'I was just trying to help her': Ontario woman loses $14,000 to taxi scam
An Ontario woman thought she was helping another woman pay for their taxi ride, but instead she was defrauded of $14,000.
Vancouver Island
-
Toxic drug deaths in October lowest in 4 years, B.C. coroners service says
Toxic drug deaths in October reached a low not seen in years, according to new preliminary data from the B.C. Coroners Service.
-
B.C. selects 9 wind power projects to boost energy supply by 8 per cent a year
British Columbia has given the green light to nine wind energy projects that will boost the province's hydro-electric grid by eight per cent a year, enough to power 500,000 homes.
-
'Bombshell': Small Business BC abruptly declares bankruptcy
A decades-old non-profit with a mandate of supporting B.C.'s small businesses abruptly declared bankruptcy – resulting in dozens of employees losing their jobs weeks before Christmas.
Kelowna
-
Study of 2023 Okanagan wildfires recommends limiting development in high-risk areas
A study into the devastating wildfires that struck British Columbia's Okanagan region in 2023 has recommended that government and industry limit development in high-fire-risk areas.
-
Kelowna, B.C., to host the Memorial Cup in the spring of 2026
The Western Hockey League's Kelowna Rockets will host the Memorial Cup in the spring of 2026, the Canadian Hockey League said Wednesday.
-
545 vehicles impounded in 332 days: BC Highway Patrol pleads for drivers to slow down
Mounties with the BC Highway Patrol in Kelowna say they've impounded more than 545 vehicles for excessive speed and aggressive driving so far this year. That works out to more than 1.6 per day.
Edmonton
-
Largest AI data centre in the world to be built in northwest Alberta
The world's largest Artificial Intelligence data centre will be built in northwest Alberta and comes with an estimated $70 billion price tag.
-
WEATHER
WEATHER Josh Classen's forecast: Cooler, cloudy and some light snow
The string of warmer-than-average temperatures is over.
-
Family spokesman says slain Edmonton security guard had only been working 3 days
A spokesman for the family of a security guard who police say was murdered while patrolling an Edmonton apartment building last week says the man had only been on the job for three days.
Calgary
-
Parents charged in toddler son's death plead guilty to manslaughter
The parents accused in the death of their 18-month-old son pleaded guilty to manslaughter charges in a Calgary courtroom Monday.
-
'Ridiculous': Calgary retailers prepare for GST holiday this week
A temporary federal tax break set to start this weekend is causing confusion for Calgary retailers – and it's also coming at a cost.
-
Syrian refugees in Calgary react to fall of Assad regime with joy, trepidation
There's joy and trepidation among Syrian refugees in Calgary in the aftermath of the ousting of the Assad regime in that country.
Lethbridge
-
Lethbridge Hurricanes drop off donations at Chinook Regional Hospital
Members of the Lethbridge Hurricanes visited the Chinook Regional Hospital on Monday to help deliver thousands of teddy bears collected during Friday's game against the Medicine Hat Tigers.
-
'Go beyond the board': Chess helping Alberta youth keep troubles in check
Every Friday in a southern Alberta classroom, youth are learning how to keep their troubles in check.
-
Hurricanes rally for 4-3 victory over Tigers on Teddy Bear and Toque Toss night
It took the Lethbridge Hurricanes a period to get going Friday night, but once they did, VisitLethbridge.com Arena was raining teddy bears and toques as the Hurricanes defeated the Medicine Hat Tigers 4-3.
Winnipeg
-
Some small businesses concerned about making changes to comply with GST holiday
As the federal government prepares to lift the GST on a laundry list of items on Saturday, some small businesses are concerned making it happen will be a huge problem.
-
Canadian cancer patients facing roughly $33K in costs: report
A new report is highlighting the significant financial burden facing those who have received a cancer diagnosis.
-
Here's how much snow fell in parts of Manitoba Sunday
A low pressure system brought snow, freezing rain and freezing drizzle to much of southern Manitoba starting Sunday.
Regina
-
Province reviewing work environment in Regina hospitals following alleged misconduct
The Government of Saskatchewan is mounting a work environment review for physicians in Regina following allegations of racism, misconduct, and a lack of professionalism.
-
Sask. Court of Appeal denies White City's request to annex 4,000 acres from RM of Edenwold
A land dispute that's been taking place just east of Regina for the past six years has been put to rest, according to the Rural Municipality (RM) of Edenwold.
-
Icy roads and streets an issue after thaw, freezing rain hits Saskatchewan
A mixture of rain and snow hit many parts of Saskatchewan over the weekend, leaving roads and sidewalks covered in ice.
Saskatoon
-
Emergency crews searching the South Saskatchewan River for body of missing man
Saskatoon police and firefighters have begun searching the South Saskatchewan River for the body of a 48-year-old man who went missing late last month.
-
Sask. RCMP lay murder charge in fatal February shooting
The Saskatchewan RCMP have charged a man with first-degree murder for a fatal February shooting in North Battleford.
-
Sask. hockey player recovering after near fatal skate accident during game
The Sask East Hockey League (SEHL) has released details of a near fatal accident at one of its games over the weekend – which saw a Churchbridge Imperials player suffer serious injuries after being struck with a skate.
Toronto
-
Recall issued for pistachio chocolate brand sold across Canada due to ‘possible salmonella’
Chocolate lovers are being advised to check their cupboards following a recall of a pistachio-flavoured chocolate that was sold in Ontario and across Canada due to a salmonella risk.
-
Torontonians will likely spend 1 year and 7 months of their life on public transit: report
Torontonians who commute to work everyday will likely spend about one year and seven months of their life on public transit, according to a new report.
-
Toronto Public Library says more than 4,000 non-employees affected by cyberattack
A year after a cyberattack brought down systems at the Toronto Public Library (TPL) for months, the results of an investigation into the breach show that thousands of cardholders, donors, and unsuccessful job candidates may have also been affected.
Montreal
-
Passengers forced off plane after smoke spotted at Montreal airport
Passengers on an plane about to leave Montreal for Fort Lauderdale were forced to leave their plane and reboard from another gate after smoke was spotted coming from a preconditioned air unit near the gate.
-
Environmental Law Centre suing Quebec over info registry
The Quebec Centre for Environmental Law (CQDE) is suing the Quebec government over its failure to put the public environmental information registry online within an acceptable timeframe, which “compromises citizen participation and environmental protection.”
-
'Looking for the Weinstein of Quebec': Impresario Gilbert Rozon's civil trial begins
Just for Laughs founder Gilbert Rozon's civil trial for sexual assault opened Monday at the Montreal courthouse with his lawyer portraying him as the scapegoat in a hunt to find Quebec's Harvey Weinstein.
Ottawa
-
RAINFALL WARNINGRAINFALL WARNING Ottawa could receive up to 40 mm of rain Tuesday and Wednesday
Ottawa is set to receive a soaking from Mother Nature, with up to 40 mm of rain possible over the next two days. Environment Canada has issued a rainfall warning for Ottawa and eastern Ontario, calling for rain, heavy at times, tonight and on Wednesday.
-
111 tickets issued in first 8 days of winter no-stopping restrictions on street near Ottawa Hospital General Campus
A "no-stopping zone" is in effect on a section of the eastern side of Lynda Lane, near Smyth Road, between Dec. 1 and March 31. In the first eight days of the winter "no-stopping zone" rules, 111 tickets were issued to vehicles for violating the order.
-
Ottawa home prices jump 4.6 per cent in November, report shows
Ottawa home sales cooled in November, but the price of buying a new home increased 4.6 per cent last month.
Atlantic
-
BREAKINGBREAKING Zach Churchill stepping down as leader of the Nova Scotia Liberal Party
Zach Churchill has announced his resignation as leader of the Nova Scotia Liberal Party. Churchill made the announcement today at the Liberal caucus office in Halifax.
-
Eastern Canada storm to impact Maritimes with high winds Thursday
An area of low pressure is forecast to develop into a strong storm as it moves from the northeastern U.S. into the St. Lawrence River Valley late Wednesday into Thursday.
-
'Time of fear is behind us': Syrian-Maritimer reacts to the fall of the Syrian government
Some Syrian-Canadians are greeting the fall of Bashar al-Assad’s government with a mix of hope and uncertainty.
London
-
Pedestrian suffers life-threatening injuries in London crash
Around 8 p.m., emergency crews responded to the intersection of Adelaide Street north and Huron Street for the crash between a vehicle and a pedestrian.
-
This week's forecast 'one to watch' with wildly varying temperatures and conditions
The region is set to experience a weather roller coaster this week, with temperatures swinging wildly, rain, fog and snow squalls.
-
London’s new mobility plan reigniting debate over Bus Rapid Transit and widening Wonderland Road
A solution to London’s worsening traffic problems might lie in a series of maps created by city engineers for inclusion in the Mobility Master Plan.
Kitchener
-
'Near-zero visibility' from fog prompts weather advisory for Waterloo Region, Wellington County
The fog advisory, which came into effect early Tuesday morning, is expected to remain in place until late morning as dense fog blankets the region.
-
Man charged for damaging accessible van in Kitchener
Waterloo Regional Police have arrested a man after an accessible van was damaged in Kitchener.
-
Union dropped wage demand to 19% over four years in Canada Post negotiations: CUPW
The Canadian Union of Postal Workers has reportedly dropped its wage demand to 19 per cent over four years, CUPW negotiator Jim Gallant told CTV News.
Northern Ontario
-
Sudbury, Ont., family traumatized after hospital said loved one had been released, when in fact they had passed away
Sudbury resident Angela Vitiello says a staff member at Health Sciences North told her that her brother, Allan St. Martin, was released from the hospital late last month when, in fact, he had passed away.
-
Sudbury police have several assault suspects in custody
Sudbury police closed an intersection downtown at Elm Street and Eyre Street Tuesday morning after an assault involving several people.
-
ATV driver in northern Ont. who fled spot check got stuck in a swamp
A getaway went wrong for an ATV driver in Spanish, Ont., recently when they were caught by police on foot
N.L.
-
Newfoundland towns light up harbours to honour fishers and pray for their safety
On a twinkling wharf in a small Newfoundland town, a crowd of about 100 people stopped singing and chatting on Friday night to bow their heads in a moment of silence for local fish harvesters.
-
North anxious over dwindling necessities, no Christmas gifts, due to postal strike
Communities in Northern Canada say the postal strike is starting to choke off the supply and children in remote regions may not receive Christmas gifts this year.
-
Not just for your parents: Facebook's buy-and-sell platform drawing back millennials
The two-metre-tall anchor, believed to be from a century-old shipwreck, was salvaged by a fisherman in the 1980s. But last year, the 31-year-old Stapleton, who works as a navigation officer on a cargo ship, snapped it up on Facebook Marketplace.
