The most expensive home in Canada is up for sale. The property which is located in Victoria, British Columbia is known as “Sweat Pea” and is situated at 3195 Humber Road. The 2.5 acre property has over 1000 feet of ocean frontage and access to beautiful sandy beach. The main house has over 15,000 square feet of living space with 6 bedrooms, 9 bathrooms, an indoor swimming pool and spa, media room, games room, office wing, and 5-car garage. It also has its own desalination plant. The property is also the consulate of St. Kitts and Nevis.
The Property is owned by businessman Todd Axelrod who also serves as Consul-General for the Federation.
The property was listed in 2010 at $28 million. The selling price for the magnificent property today is $16, 998,000. The Monthly mortgage payment – $63,589. This is definitely an expensive property, but it is lovely. Of course, based simply on its luxurious professional real estate photography, the majority of us will not have that sort of money available to purchase this home, so we should look for more affordable homes in Canada. Maybe some people could consider looking for Vancouver realtors to see if they could help find properties in a more reasonable price range. Lots of people want to move to Canada, so make sure to find a property that is ideal for you.
For property investors based in or nearby Canada, or even abroad, this comes as a wonderful investment opportunity. Reaching out to a mortgage broker like K5 Mortgage could help in navigating the financial waters regarding this exquisite property.
The property value, as stated above, falls on the slightly higher bracket and may need the eyes of an expert to look through the paperwork and get things in order. Nevertheless, if done right, this property can be a once-in-a-lifetime opportunity for people involved in the real estate market or looking for a luxurious home to live in.
It is unclear if Axelrod still serves as the countries most senior diplomat in Vancouver since the recent change of Administrations came with it the expected change in political appointees including some diplomats.
In a 2010 interview Axelrod said that his role as Consul-General was simply to help raise the profile of St.Kitts-Nevis.
“My role as consul-general is to help raise the profile of St. Kitts and Nevis in Canada, particularly in the western half of the country. Although the islands’ tropical climate and rich history are relatively well-known in central Canada, they are lower on the radar in the west,” said Axelrod.
Axelrod relinquished his U.S. citizenship to become consul-general.