Anshu Arora LLM, MSc, PMP

Cell 604-828-7331 | yourbcagent@gmail.com

Luxury RE-Defined

In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf


In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf


In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.

In the Vancouver area, for instance, million-dollar sales are quite ordinary therefore, the term “million dollar and up” is not a sufficient definition of luxury real estate. To define the luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.

A better definition of luxury home, starting point and qualifier of a luxury property declares it is two to three times the average price of all homes in a particular geographic market. Luxury properties are anything but average…the above definition guarantees that the properties it identifies are indeed luxury and are positioned at the top of the market.

- See more at: http://www.greatervancouverluxuryhomes.ca/luxury-homes-defined/#sthash.WyfzeLSX.dpuf

In the real estate industry, there could be quite different guidelines in individual markets to measure where the luxury market begins and the ordinary ends.



In Vancouver, for instance, million-dollar sales are quite ordinary therefore, the term “million dollars and up” is not a sufficient definition of Luxury real estate. To define our Luxury market as the top 10 percent of any market versus a fixed value, addresses the markets that have properties valued at less than that $1M fixed value but the term defines the class so broadly, it dilutes the very market we are trying to define and the “top ten percent” does not account for uniqueness.



A better definition of a Luxury home, starting point and qualifier of a luxury property declares it is three to four times the average price of all homes in any particular geographic market. Luxury properties are anything but average…these properties are unique and exquisite by way of either view, geographic location, architure, size & grandeur - Or in most cases, all of the above!



 If you have thought about Living and/or Investing here, I can provide you with all the information you need. If you have a place in mind, or would like me to find you that Luxe Home, contact me for a list of potential properties! You can also have you Home advertised on over 20+ websites, including


www.kingslistings.com

www.remaxbespoke.com

www.remax.ca

www.vancouvercondoking.com

www.luxurylandassembly.com





West Vancouver

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5791 NEWTON Wynd
University VW Vancouver V6T 1H6

$16,380,000
Residential Detached beds: 6 baths: 9.0 10,209 sq. ft. built: 2016

Main Photo: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 1: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 2: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 3: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 4: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 5: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 6: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 7: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 8: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 9: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 10: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 11: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 12: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 13: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 14: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 15: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 16: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 17: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 18: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 19: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 20: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Photo 21: 5791 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2452657
Status:
Sold
Sold Date:
Mar 19, 2021
Listed Price:
$17,980,000
Sold Price:
$16,380,000
Sold in:
324 days
Prop. Type:
Residential Detached
MLS® Num:
R2452657
Bedrooms:
6
Bathrooms:
9
Year Built:
2016
Located in Prestige UEL,sitting on a beautiful private 30000SF land,this tailored modern European style estate boosts 10209SF living space with 6 BRs & 9 baths in total of 3 FLs. Grand double foyer,a piano bar connecting the kitchen/dinning/living/family and eating area to a huge open-concept luxury space for you to relax while enjoy the beautiful garden & view. A doored wok kitchen for all gourmet cooking without smelling the house.Take the elevator or walk up the curved stairs to 2 luxury master suites with amazing water&mountain view, and another 2 cozy suites looking out to front yard. In the lower floor, rec room/pool/Sauna/wine ceilar/bar and home theater satisfy your all entertainment needs, +2 bright suites for guests. Smart home system&fully air-conditioned. Great Value !!!
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
2 Storey w/Bsmt., Basement Entry
Year built:
2016 (Age: 5)
Total area:
10,209 sq. ft.
Total Floor Area:
10,209 sq. ft.
Price Per SqFt:
$1,604.47
Total unfinished area:
0 sq. ft.
Main Floor Area:
3,225 sq. ft.
Floor Area Above Main:
3,081 sq. ft.
Floor Area Below Main:
3,903 sq. ft.
Basement Area:
0 sq. ft.
No. Floor Levels:
3.0
Bedrooms:
6 (Above Grd: 6)
Bathrooms:
9.0 (Full:7/Half:2)
Kitchens:
2
Rooms:
22
Taxes:
$101,742.75 / 2019
Lot Area:
30,000 sq. ft.
Lot Frontage:
65'⅛"
Lot Depth:
299.95
Outdoor Area:
Balcny(s) Patio(s) Dck(s), Fenced Yard
Water Supply:
City/Municipal
Plan:
VAP6034
Heating:
Natural Gas, Radiant
Construction:
Concrete, Frame - Wood
Foundation:
Concrete Perimeter
Basement:
Fully Finished
Roof:
Torch-On
Floor Finish:
Hardwood, Mixed, Wall/Wall/Mixed
Fireplaces:
3
Fireplace Details:
Gas - Natural
Parking:
Add. Parking Avail., Garage; Triple
Parking Total/Covered:
6 / 3
Parking Access:
Front
Exterior Finish:
Mixed
Title to Land:
Freehold NonStrata
Flood Plain:
No
Suite:
Unauthorized Suite
Floor
Type
Size
Other
Main
Foyer
28' × 19'11"
-
Main
Study
21'1" × 19'7"
-
Main
Dining Room
18'4" × 17'11"
-
Main
Living Room
24'2" × 21'1"
-
Main
Family Room
22' × 20'4"
-
Main
Eating Area
14'9" × 9'2"
-
Main
Wok Kitchen
14'9" × 10'1"
-
Main
Pantry
10'3" × 9'
-
Main
Kitchen
16'10" × 12'9"
-
Above
Master Bedroom
36'11" × 19'1"
-
Above
Walk-In Closet
13'3" × 11'8"
-
Above
Walk-In Closet
12' × 4'10"
-
Above
Master Bedroom
22'6" × 21'11"
-
Above
Walk-In Closet
11'11" × 8'2"
-
Above
Walk-In Closet
9'4" × 4'9"
-
Above
Bedroom
13'10" × 12'3"
-
Above
Bedroom
18'10" × 17'
-
Below
Bedroom
16'11" × 11'5"
-
Below
Bedroom
16'11" × 11'9"
-
Below
Recreation Room
46'7" × 17'7"
-
Below
Wine Room
8'11" × 5'3"
-
Below
Media Room
32'4" × 17'1"
-
Floor
Ensuite
Pieces
Other
Main
No
2
Above
Yes
6
Above
Yes
6
Above
Yes
4
Above
Yes
4
Below
No
2
Below
Yes
4
Below
Yes
4
Below
No
3
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/DW, Drapes/Window Coverings, Fireplace Insert, Hot Tub Spa/Swirlpool, Intercom, Security System, Sprinkler - Inground, Swimming Pool Equipment, Vacuum - Built In
Golf Course Nearby, Private Setting, Private Yard, Recreation Nearby, Shopping Nearby
Elevator, Garden, Guest Suite, Pool; Indoor, Sauna/Steam Room, Swirlpool/Hot Tub
WATER AND MOUNTAINS
LOT 7, BLOCK 78, PLAN VAP6034, DISTRICT LOT 140, GROUP 1, NEW WESTMINSTER LAND DISTRICT
Property Disclosure:
Yes
Fixtures Leased:
No
Fixtures Removed:
No
Services Connected:
Community, Electricity, Natural Gas, Sanitary Sewer, Water
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Listed by Team 3000 Realty Ltd.
Data was last updated April 22, 2021 at 01:10 PM (UTC)
Anshu Arora
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.