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Mansion sale could be ‘one heck of a bargain’ | News | National Post

Posted by on July 9, 2011


By Allison Lampert

MONTREAL — A retired businessman whose plans to travel the world with his wife were delayed because their $5.5-million mansion wouldn’t sell has decided to gamble on an absolute auction, where there are no minimum bids required.

Theoretically, it means that the five-acre estate once priced at $5.5-million in the Multiple Listing Service could be sold for less than $1-million.

“That’s a pretty scary thought,” said owner … (View original article)

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