$14.1M estate breaks record for most expensive home sold in Greater Victoria
A sprawling 67-acre oceanfront property has just broken the record for the most expensive residential sale in Greater Victoria, according to Sotheby’s International Realty Canada.
The estate, located in Metchosin, was listed at a whopping $14.1 million, though exact details on the price, buyer and seller are being kept private, according to Sotheby's.
The property includes a 10,700-square-foot main home with six bedrooms and seven bathrooms plus a half bath, a swimming pool, reflecting pool, hot tub and three-door garage.
The estate also boasts a tennis court, boat launch and bridges that connect the main home from the "guest quarters."
"Unsurprisingly, this property drew steady interest from prospective Canadian and international buyers alike," said Logan Wilson, the estate's listing agent with Sotheby’s International Realty Canada, in a release Tuesday.
"With multiple private beaches and an attached boathouse with a mechanical launch providing direct access to the Salish Sea, the property is an expertly designed beachfront escape."
(Sotheby’s International Realty Canada)
(Sotheby’s International Realty Canada)
The property has been recognized in national awards, including winning the Canadian Architect Award in 2003 and a Lieutenant-Governor’s Award in Architecture in 2008.
Interest in luxury properties in Greater Victoria has surged recently. In July 2020, the average price of a single-family home in Greater Victoria exceeded the $1-million mark for the first time.
At the time, the Victoria Real Estate Board said that the sale of luxury homes had pushed the average prices of homes sold that month into the seven-digit category, though the median cost of a single-family home was still $865,750 for that month.
Since then, interest in luxury properties on the island has remained high, and the average price of single-family homes sold in a given month in Greater Victoria has hovered around or above the $1-million mark.
"Victoria’s luxury real estate market has experienced a surge in interest and activity in recent months," said Wilson.
"The diversity of interest we saw in this property reflects the fact that Victoria is not only increasingly desirable amongst Canadian home and recreational property buyers, but also a coveted destination on the global real estate stage," he said.
CTVNews.ca Top Stories
More than 115 cases of eye damage reported in Ontario after solar eclipse
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
Toxic testing standoff: Family leaves house over air quality
A Sherwood Park family says their new house is uninhabitable. The McNaughton's say they were forced to leave the house after living there for only a week because contaminants inside made it difficult to breathe.
Decoy bear used to catch man who illegally killed a grizzly, B.C. conservation officers say
A man has been handed a lengthy hunting ban and fined thousands of dollars for illegally killing a grizzly bear, B.C. conservation officers say.
B.C. seeks ban on public drug use, dialing back decriminalization
The B.C. NDP has asked the federal government to recriminalize public drug use, marking a major shift in the province's approach to addressing the deadly overdose crisis.
OPP responds to apparent video of officer supporting anti-Trudeau government protestors
The Ontario Provincial Police (OPP) says it's investigating an interaction between a uniformed officer and anti-Trudeau government protestors after a video circulated on social media.
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
An emergency slide fell off a Delta Air Lines jetliner shortly after takeoff Friday from New York, and pilots who felt a vibration in the plane circled back to land safely at JFK Airport.
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
Last letters of pioneering climber who died on Everest reveal dark side of mountaineering
George Mallory is renowned for being one of the first British mountaineers to attempt to scale the dizzying heights of Mount Everest during the 1920s. Nearly a century later, newly digitized letters shed light on Mallory’s hopes and fears about ascending Everest.
Loud boom in Hamilton caused by propane tank, police say
A loud explosion was heard across Hamilton on Friday after a propane tank was accidentally destroyed and detonated at a local scrap metal yard, police say.