A look inside Vancouver's record-breaking mansion
Canadian real estate prices have gone through the roof during the COVID-19 pandemic, but a Greater Vancouver mansion takes the cake for the highest sale price on a single lot in the area's history.
The Belmont Estate tops the previous record of $31.1 million in 2016. It was listed for $58 million. The new owners want to keep the exact sale price private.
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"Canada's luxury real estate market has sustained continued local and international demand despite the pandemic and restrictions on foreign travel and movement into and out of the country," said Don Kottick, president and CEO of Sotheby's International Realty Canada.
"Interest has risen further since the start of 2021. The sale of Belmont Estate comes at a time when we are seeing an influx of global interest into Canadian real estate from people seeking a political, social and financial safe haven, while Canadians themselves are recognizing the strength of our country's real estate as both financial and lifestyle investments."
Scroll through the images for a sneak peek inside.
Photos courtesy of Sotheby's International Realty Canada.
Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.
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