Former newspaper publisher and author, Lord Conrad Black, a Canadian-born British citizen who once controlled the world's third-largest English-language newspaper company, is now putting up his Toronto mansion located in Toronto's premier Bridle Path enclave just 15 minutes outside of downtown Toronto, for sale through Concierge Auctions on March 8.
"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," said Black. "Auction is the best way to achieve this end, as it sets the timeline on what will be, in physical terms, a large relocation."
According to the press release of Concierge Auctions in PR News Wire, the mansion has 6.6 acres of land and 23,000 square feet of living space that was designed by world-renowned architect, Thierry W. Despont. The home offers nine bedrooms, 11 full bathrooms and four half bathrooms, as well as features amenities such as a formal dining room, dual sitting and dressing rooms, a two-storey/two-room library, a state-of-the-art chef's kitchen, a media room, a billiard room, a wine cellar, and multiple working fireplaces.
"Our firm has sold fine homes around the world, but this is one of the most extraordinary properties we've had the pleasure to represent," said Mike Russo, vice president of Concierge Auctions. "From the design aesthetic, to the family history, to its bevy of distinguished guests, 26 Park Lane Circle is a remarkable estate in one of Canada's most sought after neighborhoods. The chance to own here is rare and should be seriously considered by luxury buyers globally."
The property has an estimated value of $21.8 million and is being sold with the cooperation of Barry Cohen of Re/Max Realtron Realty Inc. Brokerage.
"26 Park Lane Circle is one of the largest residential parcels of land within the Greater Toronto area, nestled within arguably the best and most affluent neighborhoods in Canada," said Cohen, who has also worked with Concierge on three successful sales in the neighborhood, including 24 Park Lane Circle, which was also sold by Black on a reserve format last year. "Never offered for sale, this is truly a once-in-a-lifetime opportunity to own a distinguished estate that is nothing short of incomparable."