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

Return to: West Vancouver
Forgot password Extend Verify Contact

5771 NEWTON Wynd
University VW Vancouver V6T 1H6

$19,800,000
Residential Detached beds: 7 baths: 8.0 12,505 sq. ft. built: 1997

Main Photo: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 1: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 2: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 3: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 4: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 5: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 6: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 7: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 8: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 9: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 10: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 11: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 12: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 13: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 14: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Photo 15: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2564105
Bedrooms:
7
Bathrooms:
8
Year Built:
1997
Spectacular custom built home in prestigious UBC area sits on a 30,000 sq ft lot. Incredible view overlooking the English Bay, Mountains & City. This over 11,500 sq ft home built w/ top quality workmanship throughout, granite foyer, spiral staircase, extremely spacious living, dining & family rms. Gourmet kitchen & wok kit w/ granite countertops, high end appliances. Upstairs w/ a huge master bedroom ensuite & 5 additional bedrooms (4 ensuites). The bsmt is an entertainer's delight w/ a fully equipped gym, large rec rm, media rm, steam rm & a guest bedroom. Other features include 40' indoor swimming pool, dual heating sys, A/C, HRV & heated driveway. 4 car garage, fully landscaped garden & huge beautiful patio. A real pleasure to show.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1997 (Age: 24)
Total area:
12,505 sq. ft.
Total Floor Area:
12,505 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
4,935 sq. ft.
Floor Area Above Main:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
3.0
Rainscreen:
Bedrooms:
7 (Above Grd: 6)
Bathrooms:
8.0 (Full:7/Half:1)
Kitchens:
Rooms:
Taxes:
$71,643.61 / 2020
Lot Area:
30,000 sq. ft.
Lot Frontage:
100'
Lot Depth:
300
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
Water Supply:
Plan:
VAP6034
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Full
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
2
Fireplace Details:
Parking:
Parking Total/Covered:
6 / 4
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Above
Above
Above
Bsmt
Bsmt
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/DW, Heat Recovery Ventilation, Intercom
Central Location, Gated Complex, Golf Course Nearby, Marina Nearby, Private Yard, Recreation Nearby
Air Cond./Central, Exercise Centre, Garden, Pool; Indoor
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:
  • Photo 1: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 1 of 15
  • Photo 2: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 2 of 15
  • Photo 3: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 3 of 15
  • Photo 4: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 4 of 15
  • Photo 5: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 5 of 15
  • Photo 6: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 6 of 15
  • Photo 7: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 7 of 15
  • Photo 8: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 8 of 15
  • Photo 9: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 9 of 15
  • Photo 10: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 10 of 15
  • Photo 11: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 11 of 15
  • Photo 12: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 12 of 15
  • Photo 13: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 13 of 15
  • Photo 14: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 14 of 15
  • Photo 15: 5771 NEWTON Wynd in Vancouver: University VW House for sale (Vancouver West)  : MLS®# R2564105
    Photo 15 of 15
Listed by Pacific Evergreen Realty Ltd.
Data was last updated May 11, 2021 at 03:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$5,500,000
Min list price:
$1,088,000
Max list price:
$19,800,000
Avg days on market:
62
Min days on market:
5
Max days on market:
242
Avg price per sq.ft.:
$1,413.68
These statistics are generated based on the current listing's property type and located in University VW. Average values are derived using median calculations.
To access this information,
please create a free account

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.