PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

A controversial mega-mansion in Richmond could be yours – for the price of nearly $22 million, or $1 million per thousand square feet.

The mansion, which was officially listed on Friday (July 10), features nine bedrooms and 11 bathrooms and is located on a 10-acre property at 9431 No. 6 Road.

The extremely large home is one of the last mega-mansions legally built in B.C. In 2018, the provincial government passed legislation that bans the building of houses larger than 20,000 square feet on Agricultural Land Reserve, instead capping homes to less than about 5,400 square feet.

Inside, the home includes a series of chandeliers, a media room and gym. In the back yard, it also features a large chess board and seating area surrounded by a fountain pond.

ALSO READ: Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

On Wednesday, the Bank of Canada said in a monthly outlook report that the pandemic is expected to slow housing activity over the next few years with the ripple effects of the country’s economic downturn, as well as lower immigration.

In B.C., home sales and prices have started to rise in the face of the pandemic. BCREA chief economist Brendon Ogmundson said in a news release on Tuesday that the average price for a single-detached home was roughly $748,000 – up slightly from the $729,000 in May and a 9.1 per cent increase from June of last year.

“Sales around the province surged back to pre-COVID-19 levels in June,” Ogmundson said.

“While there are some temporary factors that may have pushed demand forward, we are cautiously optimistic that market activity will remain firm.”


@ashwadhwani
ashley.wadhwani@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Real estate

Get local stories you won't find anywhere else right to your inbox.
Sign up here

 

Just Posted

QUIZ: How much do you know about British Columbia?

On this B.C. Day long weekend, put your knowledge of our province to the test

Pipeline camp liquor license gets second public hearing

“We really didn’t hear from enough people and we didn’t have the full spectrum of information.”

No new COVID-19 cases for the first time in weeks: Interior Health

Hospitalization also down to zero across the region

Chase RCMP seek information for decade-long missing person investigation

Shayne Murray Robinson’s truck was found abandoned by the Barriere RCMP detachment in 2010

Back in Time

Historical Perspective

B.C. records 146 new COVID-19 cases through long weekend

More that 28 people tested positive for the virus each day since Friday

Two people die in propane heated outdoor shower near Princeton

Couple was attending a long weekend gathering

Alberta to require masks at schools this fall, but still no mandate in B.C.

B.C. students are also set to return to classrooms in September

B.C. to allow customers to buy cannabis online for in-store pickup at private shops

Age verification will still be required inside the store

Interior Health expands COVID-19 testing access in Kelowna

First-come, first-serve, no-appointment-needed testing centre opens in downtown Kelowna

30% of British Columbians would ‘wait and see’ before taking COVID vaccine: poll

Some are concerned about side effects, while others don’t think the virus is a big deal

Don’t leave your hand sanitizer in the sun and other tips to stay COVID safe this summer

Being mindful of staying outside and keeping hand sanitizer, sunscreen out of the sun recommended

What exactly is ‘old growth’ B.C. forest, and how much is protected?

Forests minister Doug Donaldson doesn’t support ‘moratorium’

Canadians can travel to Hawaii in September; no quarantine with negative COVID test

Travellers will be required to pay for their own tests prior to arriving

Most Read