Highest asking prices listed in WI

The most expensive home listed for sale in Quebec, located in Ile Bizard on the shores of Lake of Two Mountains, is still up for grabs after it went on the market about a year ago for $27 million.

The estate, at 1903 Bord du Lac Rd., is dubbed the TuLyons residence and was built in 2004 on a 48,000-square-metre lot. The mansion, which has a main body and two wings, boasts nine bedrooms, an elevator, a wine cellar, an indoor pool, a billiard room and a 28-car garage. The broker selling the property, citing client confidentiality, declined to comment when contacted by The Gazette.

According to municipal records, the property has an evaluation of about $8.8 million: $2 million for the land and $6.7 million for the buildings.

In contrast to the Hollywood feel of this luxury home, an adjacent property is a small stone house that dates back to 1830 and rests on a 16,000-square-foot lot and has a valuation of about $230,000. Its owner, Roger Labastrou, said he doesn’t known the people living at the estate.

“I don’t see them very often, even though I’m their neighbour,” he said. “There’s a large wall (around the estate property) so I don’t see them. From time to time in the summer I can hear activity, but I’m not that close to the house.”

The Ile Bizard mansion is the priciest home on the market in the province but two West Vancouver properties are the highest listed in Canada, with asking prices of $30 million and $39.9 million.

The second highest priced Quebec property is in Senneville, which has a $15-million asking price. The waterfront home at 200 Senneville Rd., which dates back to 1926, has a municipal evaluation of $5.9 million and rests on a 50,000 square-metre lot. The mansion boasts 10 bedrooms, an elevator, indoor pool, indoor racket ball and basketball courts, a wine cellar and a four-car garage.

“This home is very unique, there are not two like it made in town,” said Groupe Sutton real estate broker Nadia Maltais.

The property has been listed for sale for about 18 months, though an offer is currently being considered, she added.

“It takes longer to sell (a luxury mansion) than a small house,” Maltais said, adding it often takes up to two years. “We show these homes to people who come from Europe, the U.S.A. and the West Coast.”

Maltais said she has noticed some high-priced homes in Senneville taken off the market after not being sold. “But the market is good; it’s better than last year. There are a lot of rich people in the world. The market is good. You just need good product,” she added. “People are looking for something different if they are paying over $3 million.”

As for the $27 million Ile Bizard property, Maltais wonders about the asking price.

“I’ve seen it on MLS,” she said. “In my opinion, the price is too high. It has almost the same municipal valuation as mine (200 Senneville Rd.). The land is smaller but the house is bigger,” she added.

The third highest current listing in Quebec is an Ile Bizard property with a $13-million asking price. It is at 2695 Dutour Rd. and has a municipal valuation of $5.8 million. The mansion was built in 2001 and rests on a 28,000-square-metre lot.

While some mansions have been on the market for more than a year, by contrast, a typical West Island home in the $300,000 to $400,000 range, if priced at fair market value, could be sold within 30 or 45 days, according to Pointe Claire real estate agent Ron Francis. He added such homes in highly desirable areas could sell even quicker.