Real estate quiz: Which Metro Vancouver home for sale has the most bathrooms? $10-million mansion holds record - Straight.com | Canada News Media
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Real estate quiz: Which Metro Vancouver home for sale has the most bathrooms? $10-million mansion holds record – Straight.com

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If disaster strikes and you and 14 of your friends need to use the loo at the same time, which home in Metro Vancouver is the best place to be at?

Adam Major, managing broker of Holywell Properties, got you covered.

But first of all, Major and Holywell Properties are not selling this home, which currently holds the title of most bathrooms.

The luxury property is on the market for nearly $10 million.

The exact listing price is $9,980,000.

Rather, Holywell Properties operates Zealty.ca, an online real-estate site that features listings, sales, and other information on properties.

To answer the question, the home that is currently on the market and has the most number of baths is 13283 56 Avenue in Surrey.

The mansion has 11 full baths and four half baths, for a total of 15.

What Major finds interesting is that the technology for the Multiple Listing Service or MLS that realtors use to post information only lets agents to list up to a maximum of 12 baths.

“That makes it hard for buyers to know that this house actually has 15: 11 full baths and four half baths,” Major told the Straight.

Major wonders if this incomplete information explains why it’s been taking a while to sell the luxury home, which features views of Boundary Bay.

“That inability to show how many bathrooms there actually are may partly explain why this house has lingered on and off the market for six years without a sale,” he said.

The 11-bed home was listed on January 21, 2015 for $12,880,000. The listing was terminated on May 7 of the same year with a reduced price of $9,388,000.

Other unsuccessful listings were likewise made in the following years and at various prices.

On December 14, 2020, the 16,398-square-foot home came on the market, with Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd. as listing agent.

As of Sunday (January 24, 2021), the Panorama Ridge area home remains unsold after 41 days with its listing price of $9,980,000.

The 13283 56 Avenue home in Surrey has 15 baths: 11 full baths like this one in the image and four half baths.

One may wonder about the latest B.C. Assessment valuation of this home.

Its 2021 total value as of July 1, 2020 is $5,948,000.

The home speaks opulence. It has a pool, fireside outdoor lounge, private guest suite, home theatre, massage and spa room, professional gym, wine room, and media sports centre with baccarat and wet bar.

The property “sits majestically” on a “park-like estate” with a gated driveway and manicured gardens.

Likely because of the limitations of the MLS noted by Major, the marketing blurb by Angell, Hasman & Associates (Malcolm Hasman) Realty Ltd. made sure to mention that the home has 11 full baths and four half baths.

This $9.9-million home in the Panorama Ridge area of South Surrey has the most number of bathrooms.

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National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

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OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.

The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.

On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.

CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”

The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.

The number of newly listed properties was up 1.1 per cent month-over-month.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

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Two Quebec real estate brokers suspended for using fake bids to drive up prices

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MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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Montreal home sales, prices rise in August: real estate board

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MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.

The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.

The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.

The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.

QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.

Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.

This report by The Canadian Press was first published Sept. 6, 2024.

The Canadian Press. All rights reserved.

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