BUSINESS

London's 'Billionaires Row' Offers Ultra-Luxury Living, If You Can Afford It

10/07/2015 12:12 EDT | Updated 10/07/2015 12:59 EDT

Fancy a roof over your head on "Billionaires Row"?

If you want to live on this tony London street, you'll have to scrounge up enough coin to buy five average-priced detached homes in Vancouver.

And that's just for one of the cheaper homes we found in this market!

Check out homes for sale on "Billionaires Row" and others nearby:

Billionaires' Row, London, England

The Bishop's Avenue is a small street in East Finchley, an area in north London. It's a tree-lined neighbourhood that's "better known than Buckingham Palace" among the world's rich, The Observer reported in 2009.

Lloyds Bank named it the second most expensive street in England and Wales in 2013, with its properties averaging £6,203,000 (over C$12 million).

Property owners on the street have included the Saudi royal family; Richard Desmond, the owner of U.K. newspapers the Daily Express and the Daily Star; and Pakistani politician Waqar Khan.

The cheapest home we found is going for £4 million (almost C$8 million). It's a six-bedroom detached property, spread over three stories. There are four areas on the ground floor that provide ample room for entertaining and gatherings for loved ones.

You can also park your car using a double garage that opens right on to a private road.

Meanwhile, the most expensive one we saw is on the market for £24,995,000 (almost C$50 million). That gets you a 2,700-square-foot ballroom, a 12-metre indoor swimming pool, a sauna, a spa room, and an elevator that will take you to all its floors.

But for all their size and exterior beauty, a number of the street's mansions have fallen into disrepair, The Guardian reported last year.

The newspaper said that at the time that a third of the homes are empty, and have been for almost 25 years.

As much as £350 million (C$695 million) worth of real estate had no one living in them, which led developer and owner Anil Varma to call it "one of the most expensive wastelands in the world."

But for those homes that haven't become decrepit, it's still nice living ... if you can afford it.

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