Lululemon Founder Chip Wilson’s Vancouver, BC Home Valued Over $75-Million, Making It The Most Expensive in Canada (PHOTOS)
Lululemon Founder Chip Wilson’s Vancouver, BC Home Valued Over $75-Million, Making It The Most Expensive in Canada
Point Grey Road, Vancouver, British Columbia, Canada
One of Vancouver’s wealthiest streets studded with multi-million dollar homes is also home to Canada’s most expensive private residence with a value of $75,8210,000 CAD. It was previously valued at $57.6-million in 2015 and $54-million in 2014. The 16,000 square foot modern home was built across several lots with 187-feet of oceanfront and features views toward the North Shore Mountains. It was built for Chip Wilson, founder of Lululemon, and is said to include 7 bedrooms and 9 bathrooms. A section of Point Grey Road stretching from MacDonald Street to Alma Street was permanently shutdown in 2014 to make way for a controversial bike lane, which some critics called a “park for the rich.” Chip Wilson’s sprawling estate is set in the permanently closed section of road. Global News reported that Wilson would be paying approx. $240,000 CAD a year in property taxes based on the newest valuation.