This ultra modern concrete home was built over 2 years and was completed in 2006. Considering the property is fairly modest at only 8,000 square feet, it amazingly fits this 4,000 foot home. Views are second to none, being unobstructed, gawking at the lush North Shore Mountains, Howe Sound and Burrard Inlet - it is a stunning package. While the "Golden Mile" is not my cup of tea, it has earned the reputation as the city's most expensive street per foot. The only waterfront lots in Vancouver City, and with eye-popping views, one has to expect to pay $8 to $20 million for a lot on the "Golden Mile". Cons, are defenetely street noise, proximity to neighbors and ultimately privacy is severlely sacrificed - but it's like having a Ferrari. You don't buy one to speed on our highways and you don't buy one as a family car to transport the kids to school. 2925 is a true ultra-contemporary home built by Kindred Construction, one of British Columbia's premier high-end construction companies.

Last of the new three luxury Downtown condo's sits this over $11 million assessed Kings Landing penthouse on the entire 29th floor. Overlooking False Creek and the Vancouver Olympic Village, this is an amazing luxurious complex. Located in the chic Yaletown District, the owner lives minutes from the airport, steps from the best restaurants and steps from all sorts of entertainment while being right in Downtown. Most top condo's are in Coal Harbour, but this one's unique. You can park your yacht across the Seawall and walk into your own private lift which shuttles you directly into your foyer. Not much else is known about this private building, except that if on the market today, expect a listing price of around $15 million. It's a shockingly beautiful part of town, check it out.

This is a magnificent brand new estate which is located just above Locarno Beach and directly across the street from this years #16 estate on Belmont. What can you get on a 3/4 acre almost waterfront lot with a ultra luxurious new home in one of the best neighborhoods in Canada? 1450 Blanca of course. But for how much you ask? Well, considering the now complete property has been assessed at  quite a lot this year, I would say that should you have in the neighborhood of $16 million - this home could be yours. Built a few years ago by the top Vancouver building company Keystone Projects. Assessments are up over $2 million from 2007 pushing 1450 up a spot to make 14th this year, just amazing. For a non-waterfront home, it sure is a high assessment. This is a property to check out for architecture enthusiasts, go and take a look. W Hunter C Hunter

Located on Vancouver's "Golden Mile", complete with a couple kilometers of waterfront homes, some old and as bad as a shed and some better than New York Upper Eastside duplexes. 3019 sits on one of the largest lots on the street with 80 foot frontage, which is double what most lots are on Point Grey Road. The home itself is classified as heritage and was for sale a few years back for only $6 million, then extensively restored back to its rightful state and now is one of the top homes in the city with great views to back it up and just minutes to cosmopolitan Downtown Vancouver. Much of the value is in the land, as it is easily worth $12 million while the house is only around $4 million. If you like older heritage homes, this is one for you to look at. It is not the most spectacular home, but you pay for the views and the waterfrontage. John Henshaw Architect

Discovered in 2007, was this sneaky massive equestrian estate in the posh southern Vancouver estate neighborhood called The Sounthlands. While most properties are still "under invested", there are a number of mega mansions and more modest villas around. This property, owned by John Milner, is spread over four titled properties making up a whopping 8 acres in total with gorgeous views of the Fraser River, Vancouver Island and Vancouver International Airport. This is the only place in Vancouver where you can still own a huge estate, have views and live in complete seclusion from the rest of the city. It is absolutely impossible to get near this home, so the only shot we have of the home is from the air. This is truly a unique property with a large 15,000 foot mansion to cap it all off, surrounded by what looks to be an immaculate yard. Marketability of these kinds of homes is very difficult in Vancouver, as there is little demand for such large properties. At best, it could be subdivided back into its original four parcels or more!

The Hollies, this property is called. At nearly three acres on one of the most expensive stretches of land in Vancouver in the exclusive First Shaughnessy neighborhood, this is an amazing residence. Listed almost 10 years ago for a lump sum of $15 million but eventually sold for the more normal price of $8 million. The home was built in 1912 by George Macdonald in the Neo-Classical Revival style, then in the mid 50's was used by a company for commercial use and recently sold and restored for residential use. A truly unique home in Vancouver and a must see. Addressed at 1388 The Crescent but also 3567 Hudson Street. If on the market today, I would expect to see a sticker price of around $16 million. Theresa Poon Andrew Poon David Poon

Located in Shaughnessy on a very in-demand street just off The Crescent. The home itself is a palatial 15,000 square feet with a lush acre lot surrounding it and a large indoor pool plus a dozen washrooms throughout the home. Listed at $9 million a few years ago and sold for a million less. Its 2008 assessment is quite generous up a couple million in the last couple years. I can only assume that significant improvements were made. A 15,000 square foot mansion in First Shaughnessy should be on the block for no less than $14 million. Should this one would sell for even its assessed value, it would be amazing, unless much restoration has been done! From street level, this home looks ordinary and not as large as it really is. Not highly recommended to see. Loy Leyland Architect

Well this is an amazing property, located on one of the most high-end residential streets in all of the nation, Belmont in West Point Grey. 4743 is hidden from view at street level, but from above you can see the shear grandeur of this home. With a remarkable team, architect Ernest Collins and builder Century Gate, took on this mansion a few years ago which took all of three years to complete the sprawling 16,000 square foot mansion on a 1.5 very long acre lot with gorgeous views of the North Shore mountains and Burrard Inlet. Built for Vancouver philanthropist, Joseph Segal, which had his home crafted by only the best builders and architects in the nation, his home is right next door to the past owner of Future Shop, Hassan Khosrowshani and across the street from former Electronic Arts CEO Don Mattrick's estate. With dozens of rooms, each extremely detailed in old world European charm, plus granite, marble and massive skylights everywhere flooding the home with natural light. The home boasts vast designed tropical gardens, indoor painted pools and wide open spaces - one can only dream of. The amazing thing is that the home is only 8th in Vancouver, a major underestimation of the real market value of this incredible home. To get a better idea of what the real price of this home is ... a neighboring vacant lot recently sold for $10 million, and that's just for a bare couple acres of land. I would estimate, if on the market today, 4743 could easily list for $30 million! Do not expect this custom built home to be on the market anytime soon. A definite must see, but a fly over would be more rewarding.

One of seven Golden Mile addresses on this years Vancouver top twenty-five, and possibly the most classiest of them. This home has been genuinely designed by Formwerks Architecture to fit the Craftsman-Age of architecture within the darker spectrum of colors. Alone, the lot is worth around $10 million while the house is around $10 million as well, making this one of the costliest homes in the province. While most of the homes on this list will never achieve a sale price they should get, it never hurts to try. 2531 is approximately 8,000 square feet in size on a lot which has a huge 100 feet worth of frontage but only 125 feet long, but still easily worth $10 million. Views are unobstructed, from Downtown Vancouver, English Bay, Burrard Inlet, the North Shore Mountains all the way to the islands of the strait. The home does not come with a huge driveway and not even a gated property - yet it still is one of the priciest total packages around town.

Another Golden Mile home, what a surprise. This is a brand new built home in 2007. A truly authentic East Coast Nantucket feel and look, it's stunning. Reminiscent of homes on secluded islands such as Salt Spring, Mayne and Pender. It is very rare to see such a style in town, but anything goes on Point Grey Road, where exceptionally well built homes and styles follow. The residence is wonderfully appointed in its tight lot, as all are on PG Road. Roughly offering 6,000 square feet of oceanfront living and stunning North Shore Mountain and Downtown views. With land selling at $8 million a shot on this block and about half the size of a West Vancouver waterfront lot, you better build the best you can here. This is truly a Great Estate.

Newly discovered this year and massively renovated sits this stunning old country manor, not only on one single lot, rather on two giants. As seems to be the trend in these uber-luxury neighborhoods, owners snatch up any opportunity to buy up neighboring properties, just to increase the gap between gawking neighbors. Owner Anthony von Mandl (Mission Hill Winery connoisseur) purchased the adjacent 4772 Belmont property a couple years ago for a few million then construction immediately began on what looks like a concrete bunker - this threw us off until 2008. Now I was able to see the finished product and the old manor on 4760 now has a stunning acre lush garden with an underground garage with a green roof and a seriously nice lap pool. There's no lack of money in these properties, and as is quite often in these cases, owners spend more money than is recoverable - the end result is a unique home made for them. Tough to say what the market range is for such properties, but this one could market upwards of $35 million but is more likely to sell for around $29 million.

Previous years highest assessed home in Vancouver, 4719 has stayed the same for another year, in 3rd. While this home is certainly exclusive, I would not have said it was more than its neighbor or the other top five in Vancouver, but nevertheless here we are. Home of Hassan Khosrowshani, the former owner of Canada's top electronic retailing store chain, Future Shop. Recently received a nice multi million dollar cash offer for the company. Hassan owns another nice old shed on Drummond, but his home on Belmont is tops. Designed by Formwerks Architecture, the home offers a humongous 1 1/2 acre lot on a very expensive street with great North Shore Mountain views, rather plain yard, large outdoor pool and tennis court. A stunning feature of this home is the massive pyramid like glass skylight at the center of the homes roof which is on tracks and can open to expose direct sunlight right into the heart of the chateau. All in all the property is fair but I am pressed to say that I do not see the real value of this home, as its neighbor is much better in terms of design and quality. Regardless, you should expect a home of this caliber to market for as much as $28 million. Take a look at Belmont Avenue and decide for yourself.

Vancouver City's second highest ranked residence, home to Army & Navy owner Jacqui Cohen. The home itself oddly has a large park to the left of it, a single smaller home to the right and another large park to the right of that, so not many neighbors to get in your hair! Rumors have it that Cohen is ready to begin construction of a new home on the property, which could easily become the highest assessed home in the coming years. The lot is roughly 3/4 of an acre and the current home is around 12,000 square feet, which are both enormous numbers for a street which averages 30 foot frontage homes! The style of the home is more of a modern contemporary with a large outdoor pool at the rear of the property and boasts 150 feet of sandy beach. Personally I am not very fond of these kinds of properties, with neighbors being only a couple feet from your home, a busy street at your door and the style does not appeal to me either. The current assessed value has been set rather lofty, but if on the market, you should not expect it to sell for much more than $20 million - mostly land value. It's just amazing how this home could be assessed with a higher value than some of the other top homes in town. I do not highly recommend viewing this home, but driving or strolling along Point Grey Road is recommended. Jacqui Cohen Jackie