Wednesday, October 14, 2009

Private Compound Is Canada's Most Expensive Property Sale In 2009 [REAL ESTATE]


It's surprising, and not surprising at the same time that this piece of property is located in Calgary...from oil sands, to retail for a few years now it's been more like "Cashgary" over there.

Canada's most expensive residential sale so far this year occurred last month. Falkridge, a luxury retreat in the Calgary region, sold for $13.1 million after being on the market just a few weeks. It was listed for $12.9 million and sold for $13.1 million to an unnamed Calgary oil and gas entrepreneur. It was owned by U. S.-based Haworth Inc., a manufacturing company but was originally built by the Smed family of Calgary. The compound is 27,000 square feet and has a main residence, guest house, gazebo and water tower. The main residence is 15,000 square feet and has seven guest suites, an industrial chef kitchen, dining room, lounge and a media room that accommodates more than 20 people.The 12,000-square-foot guest house has six separate suites,a lounge with fireplace, and a training and conference area.


See more over at Luxist via Sotheby's Canada.

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