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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2487 POINT GREY Road
Kitsilano Vancouver V6K 1A1

$15,995,000
Residential Detached beds: 4 baths: 5.0 4,628 sq. ft. built: 1986

Main Photo: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 1: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 2: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 3: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 4: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 5: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 6: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 7: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 8: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 9: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 10: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
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Photo 13: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 14: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 15: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 16: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 17: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 18: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 19: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 20: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 21: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 22: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 23: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 24: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
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Photo 32: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 33: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 34: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 35: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 36: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 37: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 38: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Photo 39: 2487 POINT GREY Road in Vancouver: Kitsilano House for sale (Vancouver West)  : MLS®# R2816119
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2816119
Bedrooms:
4
Bathrooms:
5
Year Built:
1986
Lower Point Grey Road - Vancouver's street of dreams - the Golden Mile.... This is one of only 9 single family waterfront residences on this exclusive tree lined street. 17' high dramatic windows welcome you to the unobstructed views of the city, the North Shore Mountains and sunsets. Main level enjoys open floor plan with spacious living room, dining room and kitchen with breakfast nook opening out to a 2 level waterside deck and lawn area. The upper levels feature an oversized primary bedroom and ensuite w/ three other bedrooms an office and a 700sf rooftop patio! The lower level with rec room, wet bar and family room is a perfect retreat for the kids. Fantastic Vancouver lifestyle, easy access to all amenities, 2 car garage w/ extra parking on the driveway. A golden opportunity..
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1986 (Age: 37)
Total area:
4,628 sq. ft.
Total Floor Area:
4,628 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
1,509 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
No. Floor Levels:
3.0
Rainscreen:
Bedrooms:
4 (Above Grd: 4)
Bathrooms:
5.0 (Full:4/Half:1)
Kitchens:
Rooms:
Taxes:
$88,722.1 / 2023
Lot Area:
5,595 sq. ft.
Lot Frontage:
50'
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony(s), Patio(s), Rooftop Deck
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
VAP4309
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Full
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
2
Fireplace Details:
Parking:
Parking Total/Covered:
4 / 2
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Above
Above
Abv Main 2
Below
Clothes Washer/Dryer/Fridge/Stove/Dishwasher
Shopping Nearby, Waterfront Property
In Suite Laundry, Storage
Intimate City,Water,Mtn,Sunset
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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Virtual Tour

Listed by Engel & Volkers Vancouver
Data was last updated September 26, 2023 at 04:40 AM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$4,092,500
Min list price:
$2,199,000
Max list price:
$22,880,000
Avg days on market:
48
Min days on market:
4
Max days on market:
397
Avg price per sq.ft.:
$1,432.36
These statistics are generated based on the current listing's property type and located in Kitsilano. 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.