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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1375 W KING EDWARD Avenue
Shaughnessy Vancouver V6H 2A1

$11,998,000
Residential Detached beds: 4 baths: 3.0 5,774 sq. ft. built: 1921

Main Photo: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 1: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 2: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 3: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 4: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 5: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 6: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 7: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 8: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 9: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 10: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 11: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 12: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 13: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 14: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 15: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 16: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 17: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 18: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 19: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 20: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 21: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 22: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 23: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 24: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 25: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 26: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 27: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 28: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 29: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 30: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 31: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 32: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 33: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 34: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 35: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 36: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 37: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Photo 38: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2925770
Bedrooms:
4
Bathrooms:
3
Year Built:
1921
With the City of Vancouver now allowing multi-dwelling developments, there's potential for future projects. This elegant Georgian mansion, situated at the back of 20,000 sq ft lot in the prestigious Shaughnessy District. Current home is ideal for entertaining, featuring a pool, Jacuzzi, and a cabana/guest house with a BBQ area. The opulent master suite includes a 5-piece bath and a private deck accessed through French doors. Highlights include a media room, built-in entertainment system, sub-zero appliances, a gym with a sauna, and top-quality finishes such as marble, granite, inlaid cherry wood floors, and radiant hot water heating. The property also offers a gated entrance, gardens with lighting and irrigation, a 4-car garage, and a Porte-cochere. Buyers should verify all details independently. Showings by appointment with advance notice.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1921 (Age: 103)
Total area:
5,774 sq. ft.
Total Floor Area:
5,774 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
1,945 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:
4.0
Rainscreen:
Bedrooms:
4 (Above Grd: 4)
Bathrooms:
3.0 (Full:3/Half:0)
Kitchens:
Rooms:
Taxes:
$23,014 / 2024
Lot Area:
20,000 sq. ft.
Lot Frontage:
100'
Lot Depth:
2000
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
VAP4502
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Full
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
4
Fireplace Details:
Parking:
Parking Total/Covered:
4 / 4
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Above
Above
Below
Air Conditioning, Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Drapes/Window Coverings, Garage Door Opener, Hot Tub Spa/Swirlpool, Intercom, Jetted Bathtub, Microwave, Security System, Smoke Alarm
Central Location, Gated Complex, Golf Course Nearby, Lane Access, Private Yard, Recreation Nearby
Air Cond./Central, Pool; Outdoor, Storage, Swirlpool/Hot Tub
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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  • Photo 3: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    20000 sq ft Flat Lot
  • Photo 4: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Proposed Development 3D Rendering
  • Photo 5: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    3D proposed Rendering
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    Proposed Townhomes 3D Rendering
  • Photo 8: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Entrance Hall
  • Photo 9: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Kitchen
  • Photo 10: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Dining Room
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    Executive Office/Suite
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  • Photo 15: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Primary Bathroom
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  • Photo 17: 1375 W KING EDWARD Avenue in Vancouver: Shaughnessy House for sale (Vancouver West)  : MLS®# R2925770
    Primary Bedroom
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    Hobby Room
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    Steam Room
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Virtual Tour

Listed by RE/MAX Select Properties
Data was last updated October 22, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
81
Avg list price:
$7,880,000
Min list price:
$3,699,900
Max list price:
$23,999,000
Avg days on market:
91
Min days on market:
1
Max days on market:
796
Avg price per sq.ft.:
$1,338.9
These statistics are generated based on the current listing's property type and located in Shaughnessy. Average values are derived using median calculations.
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Anshu Arora
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.