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

Surrey Police Board approves creation of municipal force at first-ever meeting

Process for hiring a police chief to ‘start immediately’: McCallum

B.C. announces regional cancer treatment centre to be included in new Surrey hospital

Services expected to include treatment, supportive care, research, education, innovative technologies

Delta Nature Reserve boardwalk realignment to begin this fall

Stretch of boardwalk to be rebuilt to make room for new Highway 91/Nordel Way vehicle ramp

Cloverdale store owner giving away free face shields

Tricia Ellingsen offering more than 200 free protective shields

Two new recycling trucks on the way for White Rock

Council approves higher cost to reduce operations yard problems

371 British Columbians battling COVID-19, health officials confirm

Thursday (Aug. 6) saw a second straight day of nearly 50 new confirmed cases

Four activists face charges linked to 2019 Abbotsford hog-farm protest

Mischief and break-and-enter charges laid for incidents on four separate days prior to the protest

Visitors and non-residents entering closed remote B.C. First Nation’s territories

With limited resources, they say they don’t have any authority or power to enforce the closures

UBC loses appeal on Fisheries Act convictions

BC Supreme Court upholds order to pay $1.55-million fine

‘Tiny home’ being built for Abbotsford woman with severe allergies

Online campaign raises $59,000 for custom cargo trailer for Katie Hobson

Masks to be mandatory on BC Transit, TransLink starting Aug. 24

Both BC Transit and TransLink made the announcement in separate press releases on Thursday

Acclaimed B.C. actor Brent Carver passes away

Carver, one of Canada’s greatest actors with a career spanning 40 years, passed away at home in Cranbrook

B.C. would not send students back to school if there was ‘overwhelming risk’: Horgan

Plan has left many parents across the province worried about their children’s safety

Most Read

l -->