Conrad Black’s mansion sold for well below asking price

The Toronto mansion sold just before it was due to be auctioned by Conrad Black, went for $16.5 million - $5 million below the original asking price. The Globe and Mail reports that MLS data reveals the sale price, which was undisclosed at the time. The 26 Park Lane Circle estate will continue to be the former media tycoon’s home as he is reported to have agreed a lease on the property with the new owner.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Investment Hot Spots:
Robichaud, Mont-Joli, Souris West, Ashern, Westville Road

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?