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

Environment Canada has issued a snow warning for the Kootenays on Friday. File photo
Environment Canada issues snow warning for Friday

Two-to-10 centimetres is expected to fall

Brody Peterson told The Gazette he intends to dispute tickets issued by Grand Forks RCMP at his backyard “house warming” Saturday, Oct. 10. Photo: Laurie Tritschler
Homeowner intends to dispute COVID tickets after backyard party near Grand Forks

Brody Peterson said bands that played at his home shut down before the 11 o’clock cut off

A glimpse of some of the 480 (approx) cars written off as a result of the acid spills along the Trail highway in 2018. Photo: Trail Times
Trail Ford dealer’s frustration grows with ICBC

Trail AM Ford owner Dan Ashman says he just wants fair compensation from ICBC

The fire department will train five more members in the coming months. Photo: Ootischenia Fire Department
New faces coming to the Ootischenia Fire Department

The department has already received numerous firefighting applications

sign
Expect traffic delays Thursday as city works on smoothing Columbia Avenue railroad crossing

The Columbia Ave. and 17th Street railroad crossing has frustrated drivers for quite some time

Provincial health officer Dr. Bonnie Henry presents modelling of COVID-19 spread in B.C., March 25, 2020. (B.C. government photo)
B.C. sets another COVID-19 record with 203 new cases

up to 1,766 active cases in B.C., two more deaths

RCMP. (Phil McLachlan - Black Press Media)
British Columbia man dies during ski trip near glacier west of Calgary

Kananaskis Public Safety and Alpine Helicopters responded around 2:30 p.m.

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Prime Minister Justin Trudeau arrives on Parliament Hill in Ottawa on Monday, Oct. 19, 2020, following a week-long break for the House of Commons. THE CANADIAN PRESS/Sean Kilpatrick
One crisis after another for Trudeau since last federal election one year ago

It has been a year of unprecedented calamity and crisis

Rio Tinto Alcan’s aluminum smelter at Kitimat competes against producers in the Middle East and Russia that have no carbon tax. (Rio Tinto)
B.C. carbon tax highest in Canada, export industries unprotected

B.C. NDP, B.C. Liberals say they’re looking at exemptions

(Pixabay)
Vancouver teacher suspended after swearing, touching students and complimenting underwear

McCabe touched students, including rubbing their backs and necks, touching their hair and hugging them

Jack Vellutini, 100, is still making sweet music. Photo: Submitted
Music stirs memories as Trail serenader nears 101st birthday

Jack Vellutini gave his brass instruments to Trail up-and-comers so the legacy of music can live on

Most Read