It’s a new year, which means BC Assessment has unveiled the latest data on the most expensive properties throughout the province.
Released Friday (Jan. 2), the assessments are based on the market values as of July 1, 2025. There were more than 2.23 million properties across B.C. assessed last year, for a total value of $2.75 trillion. It’s down slightly from the total value of $2.83 trillion in 2024.
BC Assessment also breaks down the data by regions: the Lower Mainland, Vancouver Island, Southern Interior and North Central, as well as the top 500 priciest properties throughout the province.
Only two properties outside Vancouver cracked the 10 most expensive in B.C.
Here are the top 10 most expensive properties in B.C.:
1. 3085 Point Grey Rd., Vancouver
Once again, Lululemon founder Chip Wilson’s Kitsilano home, at 3085 Point Grey Rd., topped the list, but its assessment actually dropped 11 per cent. It was assessed at $73,457,000 in 2025, down from $82,664,000 the previous year.
Built in 2008, it’s a seven-bedroom, nine-bathroom home. The two-storey house – plus a finished basement – is about 15,694 square feet.
2. 4707 Belmont Ave., Vancouver
Coming in at second place once again, the property at 4707 Belmont Ave. is now assessed at $69,878,000. That’s down three per cent from the 2024 assessment of $71,739,000.
The three-storey Point Grey house was built in 2007 and boasts 10 bedrooms and 16 bathrooms. On 1.719 acres, it’s a 28,794-sq.-ft. home.
3. James Island
One of only two properties in the top 10 list outside of Vancouver is actually an island.
At 770 acres, James Island is assessed at $57,096,000, just a little under half a million less than the 2024 assessment of $57,526,000. It’s a drop of one per cent from the previous year.
There is a single-storey house, with four bedrooms and five bathrooms for a total of 4,656 square feet.
4. 4743 Belmont Ave., Vancouver
Back to Belmont Avenue, is 4743 Belmont Ave. at fourth place again. The 2025 assessment is $42,514,000, which is also from the 2024 assessment of $44,122,000. That’s a four-per-cent drop.
The two-storey house was built in 1992 and has five bedrooms and 12 bathrooms. The 16,510-sq.-ft. home sits on 1.286 acres.
5. 4719 Belmont Ave., Vancouver
A third property on Belmont Avenue in Vancouver’s Point Grey neighbourhood bumped up one spot this year from sixth place.
The property at 4719 Belmont Ave. is $40,600,000, which is also down four per cent from the 2024 assessment of $42,390,000.
It sits on 1.36 acres. The home boasts six bedrooms and 11 bathrooms within 18,398 square feet. It’s a two-storey house with a finished basement.
6. 1450 Blanca St., Vancouver
The property at 1450 Blanca St. also moved up a spot in the top 10 compared to last year. The property is assessed at $39,232,000, down five per cent from 2024’s assessment of $41,220,000.
The house was built in 2002 and sits on 0.668 acres. It has five bedrooms and nine bathrooms throughout the 10,652 square feet.
It’s only one of two properties within the top 10 to have any sales within the last three calendar years. It was sold on June 11, 2024 for $43,706,110.
7. 4838 Belmont Ave., Vancouver
Back on Belmont Avenue is a home assessed at $38,999,000. The property, located at 4838 Belmont Ave., dropped three per cent from the 2024 assessment of $40,172,000.
It was built in 2019 and boasts six bedrooms and seven bathrooms within the 12,329 square feet. It sits on .856 acres.
8. 4773 Belmont Ave., Vancouver
The fifth and final property on this road is at 4773 Belmont Ave. Assessed at $34,377,000 in 2025, it saw a four-per-cent drop from the 2024 assessment of $35,772,000.
It also jumped two spots since the 2024 assessments.
The five-bedroom, nine-bathroom house sits on 1.113 acres. A two storey house, it also has a finished basement for a total of 13,842 square feet.
It was sold once in the last three calendar years, for $35,750,000 on March 5, 2023.
9. 2999 Point Grey Rd., Vancouver
The Kitsilano house at 2999 Point Grey Rd. is assessed at $34,333,000 for 2025. That’s a 10-per-cent drop from $38,128,000 in 2024.
Sitting on .368 acres, the two-storey house, which also has a finished basement, boasts 6,568 square feet. It has three bedrooms and six bathrooms.
10. 3330 Radcliffe Ave., West Vancouver
The only other property outside of Vancouver to break the top 10 list is a single-story West Vancouver home. The property at 3330 Radcliffe Ave. is assessed at $34,132,000.
The property is also new to the top 10 list.
Built in 1999, the five-bedroom, six-bathroom, 11,877-sq.-ft. home sits on 0.899 acres.