Real Estate
Vancouver Mansion Lists for Record $48 Million
- Kingswood Capital’s Segal to sell Billionaires’ Row mansion
- Canada’s most expensive city defies moves to cool market
A waterfront mansion on a Vancouver street known as Billionaires’ Row is on the market for C$63 million ($48 million) -- a record listing in a market where rapid home-price gains are seemingly unstoppable.
Perched above a popular beach, the manor features expansive views of downtown Vancouver and snow-capped mountains across the bay. It’s owned by local business titan Joseph Segal and his wife, Rosalie, who are well-known as philanthropists in the city. The asking price is the highest ever for a residential single-family home listed in Greater Vancouver, according to Sotheby’s International Realty Canada, which represents the sellers.