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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1890 SW MARINE Drive
Southlands Vancouver V6P 6B2

$17,000,000
Residential Detached beds: 3 baths: 5.0 4,349 sq. ft. built: 2005

Main Photo: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 1: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 2: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 3: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 4: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 5: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 6: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 7: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 8: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 9: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 10: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 11: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 12: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 13: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 14: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 15: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 16: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 17: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 18: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 19: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 20: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 21: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 22: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 23: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 24: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 25: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Photo 26: 1890 SW MARINE Drive in Vancouver: Southlands House for sale (Vancouver West)  : MLS®# R2553370
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2553370
Bedrooms:
3
Bathrooms:
5
Year Built:
2005
Great opportunity to purchase a Southland Estate Home with potential rezoning under the AFFORDABLE HOUSING CHOICES INTERIM REZONING POLICY in process. Potentially build up to 28 Townhouses. Rezone the current RS-1 site to CD-1 to accommodate a 28 unit family oriented development with a density of 0.74 FSR. The proposal consists of 16 townhouse units, each with 3 bedroom and 12 garden suites, 5 with 2 bedrooms and 7 with 1 bedroom. 26 off street parking spaces are proposed 19 will be located in an underground parkade accessed on the east side of the lot from Marine Dr TOTAL SITE AREA 43215.24 Sqft CURRENT ZONE RS-1 GARDEN LVL 6734 sqft MAIN LVL 9242 sqft 2ND LVL 9242 sqft 3RD LVL 6635 sqft GROSS FSR 0.74 31853 sqft GARDEN LVL: BACH/1BR- 7 2BR- 5 UPPER LVL: 3BR/4BR- 16 TOTAL 28 UNITS
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
2005 (Age: 16)
Total area:
4,349 sq. ft.
Total Floor Area:
4,349 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
2,774 sq. ft.
Floor Area Above Main:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
2.0
Rainscreen:
Bedrooms:
3 (Above Grd: 3)
Bathrooms:
5.0 (Full:4/Half:1)
Kitchens:
Rooms:
Taxes:
$46,653.4 / 2020
Lot Area:
43,179 sq. ft.
Lot Frontage:
196'10"
Lot Depth:
275 IRR
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
Water Supply:
Plan:
VAP19773
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Part
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
3
Fireplace Details:
Parking:
Parking Total/Covered:
8 / -
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Main
Main
Bsmt
Bsmt
Floor
Ensuite
Pieces
Other
Main
Main
Main
Bsmt
Bsmt
Clothes Washer/Dryer/Fridge/Stove/DW, Sprinkler - Inground, Swimming Pool Equipment, Vacuum - Built In, Windows - Thermo
Garden, Guest Suite, Pool; Outdoor, Tennis Court(s)
Stunning Gardens
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Listed by RE/MAX Masters Realty
Data was last updated May 11, 2021 at 03:10 AM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$4,499,999
Min list price:
$2,298,000
Max list price:
$20,000,000
Avg days on market:
34
Min days on market:
4
Max days on market:
798
Avg price per sq.ft.:
$1,237.59
These statistics are generated based on the current listing's property type and located in Southlands. Average values are derived using median calculations.
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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.