A spectacular estate in Point Grey owned by two of Canada’s most prominent philanthropists is the most expensive listing in Vancouver history.
Belmont Estate at 4743 Belmont Avenue is the family home of Joe and Rosalie Segal, and is on the market for $63 million — a record price for a Vancouver home.
The five bedroom, 12 bathroom home was built in 1992 and is perched on a 1.28 acre lot overlooking Spanish Banks, with spectacular views of the Strait of Georgia, downtown and the North Shore.
The home features an Italian-inspired kitchen with sitting area and fireplace, indoor pool and sauna, six-car garage and an in-law’s suite with a private entrance. An elevator connects all three levels of the home.
Walls and ceilings feature murals and custom artwork. All doors throughout the home are solid wood.
There are two gallery halls with seating for 100 guests, perfect for events and private concerts. The living room features a Tai Ping custom carpet, and the dining room can accommodate 20 guests.
On the grounds of the home, a tiered, three-level garden inspired by the gardens of Versailles features a hobby orchard and a wide variety of trees and shrubs. In the Spring, over 12,000 tulips, hyacinths and daffodils bloom throughout the garden in a spectacular display of colour.
“Belmont Estate represents a rare opportunity to own a residence that is iconic to Vancouver and B.C., on one of the most prestigious streets in Canada,” said Christa Frosch, listing agent with Sotheby’s International Realty Canada.
According to BC Assessment, the property was assessed at $40,341,000 as of July 2016.
Joe and Rosalie Segal recently donated $12 million to help construct the Joseph and Rosalie Segal Family Health Centre at VGH.