New Fall edition of Macdonald Realty’s Luxury Homes Collection has arrived!
For six consecutive years the magazine has been featuring a wide variety of luxury properties from all over the province. The collection of luxury homes keeps surprising us with the range of amenities that high-end homes have to offer. Whether it is a well-equipped wine room, yoga studio, karaoke stage or even a slide, there is always something special for an affluent home buyer.
Address: 6485 Cedarhurst Street, Kerrisdale
Price: $10,998,000
Listing: R2234536
The skinny: Five-bedroom, seven-bathroom, 6,481-square-foot house on a 15,847-square-foot lot in Kerrisdale.
The bling: OK, it’s time to get with the times and leave the frou-frou behind. Yes, we know you love your frills and fancies, your chintz and your shag, but being a person of high net worth brings with it responsibilities. What? This is news to you? Don’t panic, we aren’t coming after your non-declared income or your shady shell companies. There’s no shorting your market up our sleeves, honest. We just think you should be aware that if you really want to look good around town right now, you should try living in a sleek, modern box with sliding windows for walls and (extremely expensive) natural materials that downplay your wealth rather than all that Italian marble and Svarowski crystal you’ve been bedecking your space with for decades. Seriously, dude, minimalism shows you’ve got so much money to burn you don’t have to prove it. You can clad your walls with wood and shower among lumps of raggedy rock, and people will think you have style. Sure, the through draft of indoor/outdoor living and that fabulous skinny pool are only really of value maybe two months of a Vancouver year, but that in itself shows your reserves are bottomless. And anyway, a dozen more patio heaters screwing up the environment isn’t your problem. Right? Rich people responsible? We were only joking.
The hidden extras: Wok room, media room, wine cellar, gym, air conditioning (because you might not want to, you know, open one of those great big wall windows and you deserve to live in a climate-controlled world).
This article was originally posted on BCBusiness on May 17, 2018. Written by Fiona Morrow
New Summer edition of Macdonald Realty’s Luxury Homes Collection has arrived!
For the six consecutive years the magazine has been featuring a wide variety of luxury properties from all over the province. The collection of luxury homes keeps surprising us with the range of amenities that high-end homes have to offer. Whether it is a well-equipped wine room, yoga studio, karaoke stage or even a slide, there is always something special for an affluent home buyer.
The cover story of this edition is an oceanfront beach home in Victoria Cordova Bay with a 180-degree view and floor to ceiling windows to enjoy the waterfront scenery. The home has an array of amenities to make you feel on a retreat, including spa inspired shower, smart wired indoor and outdoor sound system, media room with wet and of course private sandy beach.
Grab your copy of the magazine, both print and digital versions are available now.
click cover image to view magazine
CLICK HERE to view the digital edition on your computer or tablet
A new report from Christie’s International lists Victoria as the second hottest luxury real estate market in the world.
When you think of a luxury home you probably picture a house on the ocean, or a large estate, but with the Victoria real estate market booming, the face of luxury is changing.
One townhouse in Oak Bay Village is about to go on the market for just over a million dollars.
“If this was a single family home we’d be talking about a much different number especially in today’s market,” said Jordy Harris, a realtor with Newport Realty.
Home prices, especially in desirable neighbourhoods like this one, have gone up.
“In the last three years has gone up by about 40 to 50 per cent,” said Ara Balabanian, President of the Victoria Real Estate Board.
And that may be why a new report from Christie’s International lists Victoria as the second hottest luxury market in the world, behind Toronto, and just ahead of San Francisco.
“Luxury can be something that is just over a million, and I say that with some respect, but our prices have risen to that point,” said Jack Petrie, Managing Partner of Newport Realty, a Christie’s International real estate firm.
While 2016 saw a big increase in homes that sold for a million or over, only a handful went above three million.
“We had approximately 16 homes in 2015, we had 20 homes sell in 2016,” said Balabanian.
The report lists offshore buyers, put off by Vancouver’s new foreign buyers tax, as one of the driving factors for the luxury sales boom, but local realtors aren’t seeing it.
“It’s not as if there was a sudden floodgate where all those buyers, foreign buyers, looking to buy in Vancouver, came over here, it just didn’t happen like that,” said Harris.
“It’s still a small component of the marketplace, it’s somewhere around 5 per cent,” said Balabanian.
They say the largest segment of home buyers remains locals, followed by those from elsewhere in Canada.
But if prices continue to soar, “luxury” may need to be re-defined.
The article was originally posted on CHEK News, May 10, 2017. Written by April Lawrence.
It is time for HGTV.com’s Ultimate House Hunt once again!
This year Macdonald Realty is nominated in the Best International Home category for a spectacular Three-Level Penthouse in Vancouver, Canada. This is the category we won last year for The Sanctuary, a luxury home we listed and sold in Squamish B.C.
SENSATIONAL TROPHY VANCOUVER PENTHOUSE – Atop a 32 storey skyscraper this three level sky mansion sprawls over 6,000 square feet of living space and 1,700 square feet of terraces. Outstanding first impressions from the direct elevator access leading to a grand living room featuring soaring 16 foot ceilings, panoramic English Bay views and a grand curved staircase. Master boasts gas fireplace, large steam shower and a two person jetted tub situated mid room. Main level offers second master suite with fireplace and numerous built-in cabinets. Bespoke chef’s kitchen with 48 inch Décor six burner range, numerous built-in ovens and appliances anchored by huge granite island and access to 700 square foot terrace with fireplace and built-in Viking BBQ. Family room with grand wet bar, air conditioning, concierge and six-car private garage. LP $7,838,000
Tour amazing homes across the globe, vote for your favourites, and enter for your chance to win a $10,000 cash prize! And remember you can vote for your favourites once a day. Follow the instructions below to vote for Macdonald Realty’s Nominee for HGTV’s Ultimate House Hunt 2016:
Step 1: Tour the homes in the category.
Step 2: When you’ve found your favorite, click “I’m Ready to Vote.”
Step 3: Choose your favorite by clicking “Vote.”
Step 4: Click “Continue to Next Category” to tour more homes.
