Purchase of $51M Vancouver mansion the latest example of wealthy foreign buyers fuelling B.C. real estate boom [Photos] [Video]

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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REAL ESTATE SNATCH is the independent real estate blog of Samir Safadi, Sales Representative of West-100 Metro View Realty Ltd, brokerage it is dedicated to covering Real Estate News, digital culture, social media and technology, providing analysis of trends, Market Data , reviewing new development. Offering Real Estate services resources and guides. Services are provided to prospective buyers and sellers of real estate by Samir Safadi, Sales Representative, West-100 Metro View Realty Ltd, brokerage, duly registered in the province of Ontario, under Real Estate and Business Brokers Act, 2002 (REBBA 2002) and Member in good standing with



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