The former chief executive officer of the yoga-wear retailer saw a one-year rise of $3,016,000 in his estate’s assessed value, or a 4-per-cent increase, according to data released on Tuesday by BC Assessment for the period from July 1, 2016, to July 1, 2017.
Lululemon founder Chip Wilson’s $78.8-million Vancouver property tops BC housing list
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Mr. Wilson’s two-storey mansion along scenic Point Grey Road in Vancouver’s Kitsilano neighbourhood is worth significantly more than when it was assessed on July 1, 2013, at $54.2-million.
BC Assessment is the provincial Crown corporation that estimates values annually on behalf of B.C. municipalities, which use the data to help determine how much homeowners will pay in property taxes.