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$12,990,000

1980 Cedar Crescent

Shaughnessy, Vancouver, BC, V6J 2R6

5 | 8 | 3 | 8,023 sq.ft. | Year Built: 2018 |

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This stunning residence is privately set on a gated lot in Vancouver’s most prestigious First Shaughnessy, blending modern sophistication with timeless elegance. Sun-filled interiors captivate with ceilings hand-painted by an Italian artist, exquisite millwork, and premium finishes. An elegant reception hall leads to formal living & dining areas, a private study, and a gourmet kitchen with marble island and Miele appliances, flowing into the family room. 5 ensuite bedrooms and 8 baths span three levels, while the finished basement offers a luxurious retreat with recreation room, bar, media room, gym, and sauna/steam room. Additional highlights include an elevator, heated driveway, three-car garage, and gas-powered generator. A meticulously crafted home and a true showcase of refined luxury

Property Info

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MLS®: R3050839

Listing Courtesy of Heller Murch Realty

Total Bedrooms 5

Total Bathrooms 8

Floor Space 8023 sq.ft.

Lot Size 13537 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $12,990,000

Unit Pricing $1,619/sq.ft.

Strata Fee $0.00

Tax Estimate $70,429/Year

Year Built 2018

Interior Features

Rooms

Main Living Room 14'10 * 19'6

Main Dining Room 14'10 * 19'6

Main Office 15'10 * 16'6

Main Foyer 10'2 * 23'9

Main Family Room 21'11 * 26'10

Main Kitchen 22'2 * 19'7

Main Wok Kitchen 22'6 * 7'11

Main Mud Room 7'11 * 5'7

Above Primary Bedroom 16'2 * 18'3

Above Bedrooms 12'5 * 17'5

Above Bedrooms 13'1 * 11'8

Above Bedrooms 15'11 * 13'8

Bsmt Recreation Room 29'8 * 19'1

Bsmt Media Room 19'11 * 18'3

Bsmt Gym 21'8 * 12'11

Bsmt Bedrooms 12'3 * 14'4

Bsmt Laundry 12'7 * 7'1

More Details

Storey 2

Floor Space Finished 8023.00 sq.ft.

Roof XXXXXXX

Zoning FSD

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Side Access, Garage Door Opener

Parking Cover 3

Parking Total 3

Fuel Heating Natural Gas, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: Cedar
City: Vancouver
State Or Province: BC
Postal Code: V6J 2R6
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 6
Bathrooms Half: 2

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Mixed, Tile, Carpet
Basement: Finished
Interior Features: Central Vacuum

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2018
Lot Size Square Feet: 13537
Building Area Total: 8023
Living Area: 8023

Lot Information

Lot Features: Central Location, Recreation Nearby, Wooded
Parcel Number: 011537434

Sold History

Selling

R3050839 House Sep 22, 2025 Listed $12,990,000

R2831208 House Jan 8, 2024 Removed $12,990,000

R2746616 House Nov 8, 2023 Removed $15,990,000

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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