ANDREW HASMAN'S REAL ESTATE AROUND VANCOUVER

A million dollar home in Vancouver is nothing new these days. $7 million and counting? Not as uncommon as you’d think, either. For your viewing pleasure, we’ve selected a few West Side properties that recently sold well above that mark. We hope you enjoy the view.


5055 Connaught Dr front

5055 Connaught Drive

This charming heritage mansion in Vancouver’s famed Shaughnessy neighbourhood sold for $7.5 million. With views of Burrard Inlet and Bowen Island, and a veranda for perfect sunset watching, the home features beautiful details of its bygone era in addition to numerous restorations. An honest-to-goodness ballroom, scrumptious-looking pasty box ceiling in the foyer with detailed moulding, and wainscotting throughout lend the 12,000 sq ft on 4 floors an air of cozy grandeur.


 

 

 

 

 

2988 Celtic Avenue

Valued at $8,295,000, the custom-built 4,500 sq ft Southlands home boasts a gourmet kitchen and true master bedroom retreat. Vast windows with water views enhance the bright, airy feel and French doors lead to an equally wonderful oasis with a swimming pool and outdoor kitchen.


 

 

 

 

 

1807 Arcadia Road

5,700 sq ft of modern family living in the heart of UBC offers up no less than 7 bedrooms, 5.5 baths, a chef’s kitchen and wine cellar. Valued at $8,588,000, the custom-built home welcomes you into its bright interior and tricked-out yard complete with pool, hot tub, outdoor fireplace and kitchen, and putting green.


 

 

 

 

 

6630 Marine Crescent 

The asking price on this cozy retreat that goes on for 5,897 sq ft on four floors was $7,980,000. Classic elegance meets West Coast relaxed minimalism on the inside, while the outdoors boasts a kitchen, pool and whirlpool. Feeling cramped with house guests? This SW Marine residence offers up a 1,168 sq ft coach house.


There’s no place like home, especially in one of these grand estates that enhance Vancouver’s natural beauty with their majestic architecture. Interested in buying or selling? Contact us any time for a consult.




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Luxury real estate is rising across Canada along with the rest of the market. Homes priced over $1 million were up in Vancouver, Victoria, Toronto, and Montreal; whereas Calgary saw a decrease by 28% in sales from the same seven month period in 2014. The high demand for luxury homes from foreign buyers and overall price appreciation—driven by low inventory and high demand for single-family homes--factor into this affluent market.


Most of Vancouver’s foreign buyers in the luxury market are families with children who have chosen Canada for its stable economy and high quality of life. Their real estate decisions are based on investment opportunities and proximity to good schools. Favouring new builds with top-quality finishes, they are huge contributors to the market’s impressive gains: 572 properties over $3 million sold between January 1st and July 31st, a 79% gain over 2014.


The luxury condominium market tends to revolve around Baby Boomers who are downsizing in retirement. They tend to be travelers who spend part of their time in a second home, and these $1 million+ condos are chosen for their luxury amenities without the maintenance of a house.


A growing trend in the luxury real estate market is buyers who bypass the MLS system all together and make offers directly to homeowners through their agents. Unlike “For Sale By Owner” sales, the sellers in these transactions are trusting experience agents to get them top dollar.


This reflection of the first seven months in Vancouver’s luxury market is expected to continue through the end of the year for a very profitable—and luxurious—2015.

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