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.

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