How Much Would It Cost to Build this Mansion in Vancouver?
When it comes to Vancouver real estate you can’t expect a deal. In the past we’ve shown you several comparisons of what you can buy elsewhere in the world including these fourteen amazing estate homes, these nine waterfront mansions, and even a stunning Mediterranean mansion in Beverly Hills 90210, but what if you’re just not willing to move for a house? The above home spans 20,000 square feet on a 1.64-acre estate property about 35 minutes from Toronto, Ontario. It’s listed at $7,800,000 CAD. We’ve decided to see how much it would cost to replicate this regal residence here in Vancouver. The first step was to find a similar sized lot about 35 minutes from Vancouver, BC – not an easy task.
We managed to find this somewhat vacant lot in West Vancouver, British Columbia about 28 minutes from Vancouver – perfect! The listing says, “Almost 1.68-acre water view estate comprised of 3 legal properties combined.” It’s listed at $10,998,000 CAD – a total of $3,198,000 CAD over the asking price of the finished mansion back east and we haven’t even broken ground.
The property currently has a 2,180 square foot home which would need to be demolished & removed adding additional costs. Without demolition we’ve spent $10,998,000 CAD on the lot, but how much is it going to cost to build & finish our regal 20,000 square foot mansion? Sam Ciacco of Ciacco Homes estimates that construction costs to replicate the 20,000 square foot home would run upwards of $26,000,000 CAD. Ciacco Homes has built some of Vancouver’s most prestigious homes including this stunner, and a palatial 17,000 square foot home in Langley, British Columbia. With the cost of the lot being $10,998,000 CAD and construction costs coming in at an estimated $26,000,000 CAD, the total cost to replicate the 20,000 square foot mansion here in Vancouver is estimated at $36,998,000 CAD. That’s $29,198,000 CAD above the list price of the Toronto area mansion.
Toronto Area Mansion:
– Listed at $7,800,000 CAD
– Backs onto the greens of the third hole of The National Golf Club of Canada
– 35 Minutes from Toronto, Ontario
– 1.64 Acres
Vancouver Area Mansion:
– Total cost to replicate: $36,998,000 CAD est.
– Gorgeous ocean, city, and coastline views
– 28 minutes from Vancouver, British Columbia
– 1.68 Acres