Chip Wilson, the billionaire founder of the yoga clothes company, owns a $57.6 million home in Vancouver
’s Kitsilano neighbourhood, named B.C.’s priciest home by the provincial assessment authority this year.
With the average house price in Vancouver
reaching $905,701 in May 2015, a year-over-year increase of more than 11 per cent, it was a tight race for the province’s most expensive property,
The Lululemon founder home is all open-concept concrete with water-facing views out on English Bay, the city and the mountains beyond.
At 30,000 square feet, it is spread across three properties, and was built over the course of five years starting in 2008.
The two-storey structure looks out on several patios, an infinity pool, tennis courts, gardens and the water beyond. Inside, it boasts seven bedrooms and nine baths.
It’s all about “location, location, location” in Canada’s hot property market, and a sprawling home just blocks away from Point Grey (the home of the province’s third, fourth and fifth richest properties) is definitely in the right place at the right time.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Radium, Arran-Elderslie, Meldrum Bay, Edwardsburgh/Cardinal, Bridgetown
The house that Lululemon built is the most expensive house in Canada’s most expensive real estate market.