Canada's High Commission offices and residence in the upscale Mayfair district of London was sold last week to an Indian developer for $564.5 million. Canadian offices will be transferred to Canada House in Trafalgar Square.
Photo Credit: Govt of Canada

For Sale: Luxury property, excellent location in major capital.

If you have quite a few million dollars and you’re looking for some prime real estate in capitals around the world, check out what Canada has for sale.

In austerity moves since it came to power, the federal Conservative government has been selling off Canadian real estate holdings around the world.  They’ve sold about 80 diplomatic  and other government properties so far.

This includes an ambassadorial official residence in Dublin, Ireland; which sold for $17.6 million in November 2008.

null
Built in 1916, Canada’s ambassdor’s residence in Oslo is said to be one of the most luxurious properties in the city, a bargain at $19.5 million. © handout

In 2011 a staff quarters in Tokyo, Japan; sold for $15.2 million, an official residence in Stockholm, Sweden; sold for $5.8 million , and still another ambassadorial official residence in Copenhagen, Demark; sold for $6.9 million.

Last year, the Canadian government sold off a chancery in Madrid, for $3.4 million and an official residence in Lisbon sold for $2.7 million

The latest, and perhaps most expensive is Macdonald House, Canadian High Commission offices and residence in the swanky Mayfair district of London.  The property was sold this month to an Indian developer for $565.5 million.

If you’re in the market, here are some still available

  • Official residence in Oslo, Norway; listed for $19.5 million.  (deemed one of the most luxurious properties in the city, it also includes a 250sq/m gatehouse, docks for boats and luxury gardens)
  • Official residence in Brussels for the European Union; listed for $9.4 million.
  • Official residence in Mexico City; listed for $4.1 million.
  • Official residence in Brussels for NATO; listed for $2.7 million.
  • Staff quarters in Bridgetown, Barbados; listed for $494,400.

 

Categories: Economy, Politics
Tags:

Do you want to report an error or a typo? Click here!

For reasons beyond our control, and for an undetermined period of time, our comment section is now closed. However, our social networks remain open to your contributions.