A Point Grey home holds the record so far as the most expensive property sold in Vancouver this month.
The 4223 West 9th Avenue residence went for $9.7 million.
The selling price is way above its assessed value for 2020, which is $5,947,000.
B.C. Assessment’s valuation of the property as of July 1, 2019 puts the worth of the land at $3,743,000, and the home at $2,204,000.
Oakwyn Realty Ltd. listed the five-bedroom, six-bath home on November 2 for $9,875,000.
A buyer took the place two days later on November 4, with a $175,000 price discount.
The transaction was tracked by realty sites fisherly.com and Zealty.ca.
Point Grey is one of the wealthiest neighbourhoods in Vancouver.
The area is located west from Alma Street to Pacific Spirit Regional Park and the University Endowment Lands, and north from West 16th Avenue to the beaches of English Bay.
The 4,535-square-foot home at 4223 West 9th Avenue sits on a corner lot.
The lot measures 7,196 square feet, and it has a frontage of 76.8 feet.
The listing described the residence as a “casual, sleek, sophisticated…home with award winning interior design”.
“Private patio off master suite, outdoor dining overlooking the pool, a stunning chef’s kitchen, a home office, gym, media room, double garage, dog spa and low maintenance grounds designed for privacy,” the marketing material stated.