Conrad Black selling family’s $21.8-million Toronto estate
February 5, 2016
Are you looking to move to a home with a little more space, perhaps something with a backyard or space for guests? Maybe you have been holding out for a home that has a media room or your very own chapel?
Have I got the home for you! 9 bedrooms, 11 bathrooms, a coach house, a guest house, an indoor pool and spa, formal dining room and much more. Nestled on 6.6 acres, this 23,000 square foot home could be just what you’re looking for.
It has enough parking for 40 vehicles, which is perfect as the Walkscore for this property is 20. If you’re not in a position to afford a vehicle, you are just a few steps from the 162 bus, which can get you to Lawrence Station.
The listing agent has appraised the property at $21.8M. If you’re interested, you’ll want to get pre-approved ASAP. You’ll need a down payment of approximately $4M, which would result in a monthly mortgage payment of roughly $80K, which does not include property tax or utilities or upkeep or the staff required to maintain a property of this size.
The house goes to auction on March 8, which gives you plenty of time to get your paperwork in order and perhaps schedule a property inspection.
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