There’s grandeur, and then there’s Belmont Estate.
Priced at $58 million, the Point Grey property at 4743 Belmont Avenue is currently the most expensive luxury home on the market in Vancouver, and it’s easy to see why.
The estate, which spans 21,977 square feet, is the result of the collaboration between the owners, philanthropists Joe and Rosalie Segal, and Ernest Collins Architect Ltd.
The Segals bought the empty lot in 2007 for $7 million, and Rosalie Segal oversaw the construction of their home.
According to listing 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 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 fireplaces.
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 is recently back on the market at the slightly reduced price of $58 million.
It’s nice to imagine what life would be like living in such a luxurious place. Waking up to coffee on your balcony overlooking water and mountain views, having a workout in your own private gym before taking a dip in the indoor pool. Coming home from work and picking out a wine from the cellar, a book from the library and then relaxing in front of one of three fireplaces... The daydreams are endless.
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.
Here are some more photos of the lavish mansion to fuel your daydreams or inspire your next purchase for your property portfolio.
Find out more about the property at REW.
With a file from Joannah Connolly/Glacier Media Real Estate