In the next few days, owners of more than a million properties throughout the Lower Mainland can expect to receive their 2026 assessment notices which reflect market value as of July 1, 2025.

Vancouver’s most expensive home is Chip Wilson’s Kitsilano mansion – once again.

The Lululemon founder’s pad at 3085 Point Grey Road has been assessed at $73,457,000.

The seven-bedroom, nine-bathroom home decreased in value by 11 per cent over last year’s $82,664,000 assessment.

At 15,694 square feet, the home sits on a waterfront lot on the exclusive “Golden Mile,” which houses many of the city’s most luxurious multi-million dollar homes. The two-storey house was custom built in 2008.

Last modified: January 2, 2026

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