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| Falling dollar makes Vancouver Real Estate a bargain, buyers are snatching up some of the most exclusive real estate |
Chinese buyers are snatching up some of the most exclusive real estate in the Lower Mainland. One of the largest privately owned estate homes in Vancouver’s ultra posh Point Grey area has sold.
The jaw-dropping sale was a $51.8-million for a mansion on three lots, one of which overlooks the ocean.
The Point Grey home according to The nationalpost was owned by Don Mattrick, the CEO of social gaming company Zynga and former head of Xbox at Microsoft, and his wife, Nanon De Gaspé Beaubien-Mattrick, a tech investor and heiress to a Canadian telecom fortune.
The 25,000 square foot European-styled Château sits on 2.7-acres, which boasts a 10-car garage, and spectacular landscaped gardens, expansive lawns, a grass tennis court, a sports court, waterfalls, detached guest house, a self-contained studio, and breathtaking views of downtown Vancouver, Stanley Park, and the North Shore Mountains. Sold in mid-December to Mailin Chen, a businessman from mainland China, and his Vancouver-based company, Chunghwa Investment (Canada) Co. Ltd.
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