While no other details have been released, the auctioneer said that an offer has been made for erstwhile media mogul Conrad Black’s $21.8-million estate.
Managed by Re/Max Realtron Realty Inc. agent Barry Cohen, the sale features a 6.6-acre (2.7-hectare) parcel of land housing a mansion that includes an indoor swimming pool, a chapel, a billiards room, 9 bedrooms, 11 bathrooms, and many other amenities.
“It is a big house for two people. We will be abroad a good deal and moving to a more manageable home will be a convenience to us now as our careers have evolved,” Black announced last month, as quoted by CBC News
Prior to the sale, Black’s family lived in the home for 65 years, entertaining plenty of distinguished guests in the interim. Among the estate’s most prominent visitors were Elton John, Richard Nixon, Margaret Thatcher, and Prince Philip, the Duke of Edinburgh.
Black was previously convicted of wire fraud in 2007, and remained in prison for three years.
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
Investment Hot Spots:
West Montrose, St. Margarets, Rockdale, West Lorne, North West Brook
Bidding house Concierge Auctions announced in its website on Wednesday (March 9) that the sale of a 23,000 square-foot mansion in Bridle Path, Toronto has been closed.