Vancouver “Lot” listed at $22,800,000

4749 Belmont Avenue, Vancouver, British Columbia, Canada

Belmont Avenue is no stranger to multimillion dollar properties.  Three mansions on the famed street made it into the top 5 list of most expensive assessed properties of 2013 with evaluations ranging from $24.59 million to $39.26 million.  Very rarely do properties come up for sale on the street but when they do expect to pay a fortune.  A 1.197 acre (52,141 square foot) lot just came on the market for a staggering $22,800,000.  The 2,600 square foot house on the lot has 4 bedrooms 3 bathrooms and was built in 1937 – but it’s a teardown.  By the looks of it it’s been sitting empty & abandoned for years.  The listing description says, “Point Grey Treasure.  Don’t miss this golden opportunity to own this rare find huge property in the most sought after area on the prestigious Belmont Avenue.”  The lot isn’t waterfront but it does feature views of the ocean & mountains.  The description closes by saying, “This opportunity is seldom available.  Act now.”