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
'A beautiful soul': Funeral held for baby boy killed in wrong-way crash on Highway 401
A funeral was held on Wednesday for a three-month-old boy who died after being involved in a wrong-way crash on Highway 401 in Whitby last week.
'Sophisticated' cyberattacks detected on B.C. government networks, premier says
There has been a "sophisticated" cybersecurity breach detected on B.C. government networks, Premier David Eby confirmed Wednesday evening.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
Biden says he will stop sending bombs and artillery shells to Israel if they launch major invasion of Rafah
U.S. President Joe Biden said for the first time Wednesday he would halt shipments of American weapons to Israel, which he acknowledged have been used to kill civilians in Gaza, if Prime Minister Benjamin Netanyahu orders a major invasion of the city of Rafah.
Canucks claw out 5-4 comeback win over Oilers in Game 1
Dakota Joshua had a goal and two assists and the Vancouver Canucks scored three third-period goals to claw out a 5-4 comeback victory over the Edmonton Oilers in Game 1 of their second-round playoff series Wednesday.
Nijjar murder suspect says he had Canadian study permit in immigration firm's video
One of the Indian nationals accused of murdering British Columbia Sikh activist Hardeep Singh Nijjar says in a social media video that he received a Canadian study permit with the help of an Indian immigration consultancy.
Pfizer agrees to settle more than 10K lawsuits over Zantac cancer risk: Bloomberg News
Pfizer has agreed to settle more than 10,000 lawsuits about cancer risks related to the now discontinued heartburn drug Zantac, Bloomberg News reported on Wednesday, citing people familiar with the deal.
Quebec premier defends new museum on Quebecois nation after Indigenous criticism
Quebec Premier Francois Legault is defending his comments about a new history museum after he was accused by a prominent First Nations group of trying to erase their history.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his brain more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.