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$40M Quebec mansion hits market as luxury home sales brush off higher rates

$40M Quebec mansion hits market as luxury home sales brush off higher rates

BNN Bloomberg
Thursday, August 04, 2022 01:16:31 AM UTC

It’s being hailed as the most expensive property ever listed on real estate platform Centris in Quebec, and it comes in at a cool $39.9 million.

The 18,880-square-foot estate, located about two hours north of Montreal near the Mont-Tremblant ski resort, sits on 52 acres of land and features six bedrooms, seven bathrooms, a wine cellar capable of holding 1,000 bottles, its own spa and an elevator. 

The property is debuting on the market at a time when many housing markets across the country have seen a downturn in sales activity – but that’s a phenomenon that doesn’t extend to the luxury housing market, according to the property’s broker.

“Mont-Tremblant and Lake Tremblant especially is not affected by what we read in the papers, really,” said Paul Dalbec, a broker at Royal LePage’s Mont-Tremblant Real Estate, in a phone interview on Wednesday.

Read full story on BNN Bloomberg
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