9.3% price reduction, 16.48% cheaper than comparables

1071 Groveland Rd, West Vancouver, BC

$14,500,000
Est. Mortgage /mo

MLS# R2922750 · British Properties

7 Beds
8 Baths
10291 sqft
1409 $ /sqft
2014 built
$14,500,000
$15,980,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

9.3% price reduction 16.48% cheaper than comparables

A truly modern architectural masterpiece by Mcleod Bovell Modern Houses that is not only unique and beautiful, but also functional and maximize the sweeping views of Downtown Vancouver and the Ocean. This concrete constructed contemporary home is situated in a gently sloped 27094 sq ft lot, with over 10000 sq ft inside, bright and spacious. The double height living area is open and airy. Through the huge aluminum glass pivot doors which created smooth transition from indoor to outdoor living, is the expansive outdoor area that is covered by 25 ft roof overhang that allows the family to enjoy all year long, with compliments of BBQ area, fire pits and infinity pool overlooking the fascinated views. Each section of the home is seamlessly blending into the next for a cohesive feel.

General Info

Price $14,500,000
Total Bedrooms 7
Total Bathrooms 6
Half Bathrooms 2
Floor Area Total (sqft) 10291
Lot Size 27094
Lot Size Depth Feet
Lot Size Frontage 115
Basement 3594
Basement Features Finished

Property Metrics

Year Built 2014
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Building Amenities Sauna/Steam Room
Structures Residential Detached

Additional Details

MLS® # R2922750
Building Name British Properties
Area West Vancouver
Neighbourhood British Properties
City West Vancouver
Postal Code V7S 1Z3
Price per Sqft -
Gross Taxes $65,591.02
Ownership Type Freehold NonStrata
Maintenance Fee -
Amenities Nearby Sauna/Steam Room

Heating & Cooling

Fireplace 4
Heating Type Hot Water, Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple, Front Access, Concrete
Total Parking Spaces 8
Strata Restrictions -
Rental Restrictions -
Zoning SFD
Rental Suites -
Laundry In Unit
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description Ocean, City, UBC
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Metal

Property Timeline

Status Date Price
R2922750 / Active 09-09-2024 $14,500,000
Rooms
Floor Type Dimensions
Main Level Foyer 13'1 x 13'1 ft
Main Level Living Room 25'5 x 25'5 ft
Main Level Kitchen 30'5 x 30'5 ft
Main Level Eating Area 13'4 x 13'4 ft
Main Level Dining Room 25' x 25' ft
Main Level Pantry 15'3 x 15'3 ft
Main Level Laundry 12'5 x 12'5 ft
Main Level Mud Room 12'8 x 12'8 ft
Main Level Office 16' x 16' ft
Main Level Family Room 22'5 x 22'5 ft
Main Level Primary Bedroom 18'7 x 18'7 ft
Above Level Walk-In Closet 18' x 18' ft
Above Level Media Room 16' x 16' ft
Above Level Bedroom 16'4 x 16'4 ft
Above Level Bedroom 16'6 x 16'6 ft
Above Level Bedroom 19'2 x 19'2 ft
Below Media Room 17'9 x 17'9 ft
Below Recreation Room 17'7 x 17'7 ft
Below Games Room 24' x 24' ft
Below Bedroom 14'8 x 14'8 ft
Below Bedroom 15' x 15' ft
Below Living Room 15' x 15' ft
Below Kitchen 12'1 x 12'1 ft
Below Dining Room 10' x 10' ft
Below Bedroom 10'6 x 10'6 ft
Below Storage 9'1 x 9'1 ft
Below Storage 17'5 x 17'5 ft
Below Storage 29' x 29' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #2
Above Level Yes #5
Above Level Yes #3
Above Level Yes #3
Listed by: RE/MAX Westcoast & Coldwell Banker Prestige Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Private Schools

Elementary
St. Anthony's
Above Average
2.39 km
9.5/10
Elementary, Secondary
Collingwood School
3.12 km

Closest Transit

Bus Stop
Southbound Eyremount Dr @ Groveland Rd
0.16 km
Skytrain
Seabus Station @ Lonsdale Quay
6.23 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
49.9%
No Certificate/Degree
Below Average
7.7%
Owner Occupied
Below Average
45.8%
Employment Rate
Above Average
67.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $5,466
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $60,846/month in total housing costs on this $14,500,000 property — $55,380 mortgage payment, $5,466 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $30,490/month estimated rent and $61,571/month in total housing costs, this property has a -$31,081/month cashflow. Break-even down payment: approximately 65%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $14,500,000
West Vancouver Loading...
British Properties Loading...
Among 4 similar active listings in British Properties, the average price is $16,890,000. At $14,500,000, this listing is priced 14.2% below the local average and 48.2% above the city-wide benchmark. This property is flagged as a Hot Deal (9.3% price reduction, 16.48% cheaper than comparables) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 1071 Groveland Road, West Vancouver, BC?
The closest top-rated schools are Collingwood School and St. Anthony's.
Is 1071 Groveland Road, West Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1071 Groveland Road, West Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $87,000.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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