Lululemon founder Chip Wilson’s waterfront mansion remains the most expensive residential property in B.C., according to the British Columbia Assessment Authority.
Wilson’s home has topped the list for a number of years, but in 2024 it became a flashpoint for political debate in the lead-up to the election when the billionaire began posting signs on the property denouncing Premier David Eby and the NDP government as “communist.” The signs and the home itself were vandalized with graffiti calling Wilson a “selfish billionaire.”
A list of the most expensive properties was released Thursday, along with assessments for 2025 values. BC Assessment says the housing market is relatively stable, with assessments generally remaining “flat” for the second year in a row.
“Most homeowners can expect only modest assessment changes in the range of minus-five to plus-five per cent,” said assessor Bryan Murao.
This was true for owners of the province’s most expensive …