How does Vancouver’s high real estate prices compare with the most expensive addresses in the world? According to data compiled by Financial News, we’re still well off the top 10.
For reference’s sake, one of Vancouver’s most expensive streets – Belmont Avenue, near the UBC campus – houses several of Canada’s most expensive homes. According to recent data, per-square-metre price sits at around $5,673. Onto the top 10…
10. Ostozhenka, Moscow – Top price: $18,000 per square metre. Part of Moscow’s Golden Mile, with a mix of pre-revolutionary and new architecture.
9. Wolseley Road, Point Piper, Sydney, Australia – $20,900 – With a view of the harbour, this is Australia’s premiere address.
8. Via Romazzino, Porto Cervo, Sardinia, Italy – $23,700: Billionaires in Italy and Russia seem to have a penchant for this resort town.
7. Rue Bellot, Geneva – $43,000
6. Quai Anatole, Paris – $44,600: Next to the Seine and across the river from the Louvre.
4 (tie). Fifth Avenue, New York – $62,700: Remains one of America’s most pretigious addresses, with a mix of boutiques and high-end suites.
4 (tie). Chemin de Saint Hospica, Saint-Jean-Cap-Ferrat (Nice), France – $62,700: The most expensive area in the French Riviera, but not the most expensive in a one-hour radius (see: No. 3).
3. Avenue Princess Grace, Monaco – $69,700: This is actually a bargain. Back in 2009, this Monaco street was home to the $120,000 per square metre price tag.
2. Kensington Palace Gardens, London, U.K. – $76,600: Embassies and billionaires’ homes line this quaint street. Home owners include Lakshmi Mittal and hedge fund manager Noam Gottesman.
1. Severn Road, Hong Kong – Top price: $78,200 per square metre. With China’s recent wealth boom, many newly wealthy buyers have staked claims in this stretch of mountain road with tremendous vistas.
Photograph by: Courtesy, Google Streetview
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