Vancouver mansion with 'award-winning basement,' multiple waterfalls and $96K annual property tax for sale
A buyer able to afford a multimillion-dollar purchase and an annual property tax of about $96,000 could find themselves the new owner of a mansion for sale in Vancouver.
The home comes with everything including a name – Elements Estate – but it doesn't come cheap.
The seven-bedroom, 10-bathroom mansion is for sale for $19,980,000. On Monday, it was the most expensive listing posted on Realtor.ca.
At that price, it must be a challenge to find the right buyer, as it's been on the market for 150 days.
But when that buyer is found, they'll find themselves in a "multi-award-winning, opulent" home in one of Vancouver's most expensive neighbourhoods.
Located on West 32nd Avenue in Shaughnessy, the mansion was custom-built two years ago.
According to the listing agent, "Every detail of this home has been meticulously crafted… guided by the five natural elements – fire, earth, water, metal and wood, all coming together in this family retreat."
Those trying to sell the home say it's surrounded by lush greenery, and includes a state-of-the-art outdoor entertainment set-up, complete with a kitchen, more than one waterfall and a spa.
The listing says it has an "internationally recognized" chef's kitchen and an "award-winning basement."
It's unclear from what realtors have posted what makes the kitchen so special, beyond its appearance, but the basement includes a full bar, velvet banquette, spa, gym, theatre, hot tub and pool.
There's a guest suite and four fireplaces, and the home is not far from tennis courts, a marina and two private schools.
It's priced fairly close to the provincial assessment of $19,028,000, most of which is tied to the building.
This home is one of several in Shaughnessy currently for sale.
Census data shows it's one of the least affordable neighbourhoods in Vancouver.
The average value of a home in the neighbourhood, according to the city, is $3.2 million, compared to Vancouver's overall average of $1.4 million.
Most homes are single-detached and owned, not rented, and built before 1980.
Most residents are married, white, and have a post-secondary education.
At $122,000, Shaughnessy has the highest median household income of all Vancouver neighbourhoods.
CTVNews.ca Top Stories
NDP motion regarding Palestinian statehood passes after major Liberal alterations
A motion from the federal New Democrats initially calling on Canada to recognize the 'State of Palestine' passed amid widespread acrimony on Monday, after the Liberals drastically altered its wording to see the government simply work towards that aim as part of a two-state solution.
'He didn't want to die': Family of Calgary man killed in standoff speaks out
Family of a Calgary man killed after a 30-hour standoff with police last week are speaking out, sharing details of the tense and heart-wrenching experience.
Toronto family doctor who called patient's body 'perfect' suspended for 3 months: tribunal
A family doctor in Toronto has been suspended for three months after a disciplinary tribunal found that he failed to follow proper protocols while examining a patient's breasts and made inappropriate comments about her body.
Ohio mom who left toddler alone 10 days when she went on vacation pleads guilty to aggravated murder
An Ohio mother whose 16-month-old daughter died after being left home alone in a playpen for 10 days last summer while she went on vacation was sentenced Monday to life in prison with no chance of parole.
Retired teacher pleads guilty to paying for sex with 15-year-old in Collingwood, Ont.
In a Barrie courtroom on Monday, a retired high school teacher from the Niagara Region pleaded guilty to sexual touching and obtaining sexual services from a 15-year-old boy in Collingwood in 2021.
Hertz CEO out following electric car 'horror show'
The company, which announced in January it was selling 20,000 of the electric vehicles in its fleet, or about a third of the EVs it owned, is now replacing the CEO who helped build up that fleet, giving it the company’s fifth boss in just four years.
5 charged in Calgary kidnappings that targeted women
Calgary police have charged five men in a pair of kidnappings last year that targeted innocent victims.
Demand soars for solar eclipse glasses in Canada. Are they worth buying?
The demand for total solar eclipse glasses used to safely view the rare celestial event has been ramping up as sellers, along with astronomy and eye-care experts in Canada, warn that viewing the eclipse with the naked eye is dangerous.
Canadian commander of volunteer fighter group dies in Ukraine
A Canadian-born commander of the so-called Norman Brigade, a volunteer fighting group in Ukraine, has died.