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This $11M house is certainly one of Calgary’s priciest — and or no longer it is up for auction with no reserve


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This $11M house is certainly one of Calgary’s priciest — and or no longer it is up for auction with no reserve

One of the most expensive luxury homes in Calgary is up for auction with no reserve. The house, which was previously listed at $10.9 million, is listed for auction with no reserve. (Concierge Auctions)One of the most expensive luxury homes in Calgary is up for auction with no reserve. The home, which used to be…

This $11M house is certainly one of Calgary’s priciest — and or no longer it is up for auction with no reserve

One in every of the most costly luxury properties in Calgary is up for auction with no reserve.

The house, which used to be previously listed at $10.9 million, is listed for auction with no reserve. (Concierge Auctions)

One in every of the most costly luxury properties in Calgary is up for auction with no reserve.

The dwelling, which feeble to be owned by late CEO of Shaw Communications Jim Shaw, trouble an MLS document for the city’s most sensible observe label in 2013 when it supplied for $11.1 million.

Now, Crescent Heights Property, located at 102 Crescent Boulevard N.W., is determined to switch below the hammer subsequent month in a internet-based auction. 

This dwelling, located at 102 Crescent Boulevard N.W. in Calgary, functions a pitcher dome ceiling impressed by the Guggenheim. (Concierge Auctions)

Philip Dobson, mission gross sales manager with Concierge Auctions, acknowledged he may well now not consult with the vendor but acknowledged the house is tranquil within the Shaw family.

He acknowledged there’s been a bunch of curiosity in what’s “certainly one of many most effective properties in Calgary.”

“I deem the replacement is particular on or no longer it is cling in that or no longer it’lano reserve auction, which ability that there’s no minimum describe, that or no longer it’ll be supplied to the most sensible bidder no matter observe,” acknowledged Dobson.

The dwelling, which sits on a half of-acre lot, is owned by the Shaw family. (Concierge Auctions)

“Finding a purchaser of that magnitude is a extremely no longer easy remark to compose. You request it at some level of the country with properties which can perchance well well be up there which can perchance well well be very uncommon, certainly one of a form which can perchance well well be with out a doubt laborious to search out a compatible purchaser for available within the market.”

A $100,000 bidder deposit is required.

The six bedroom, 5 bathroom, three powder room, 9,808-sq.ft. mansion overlooks downtown from a ridge above the Bow River.

The dwelling has six bedrooms, a couple of fireplaces and a 3-door storage. (Concierge Auctions)

It has a curving staircase below a pitcher dome impressed by the Frank Lloyd Wright-designed Guggenheim Museum in New York City, rooftop hot bathtub, glass-walled wine cellar, gym, library and film room.

Bidding opens online on Nov. 12, but for those that want to find a leer of luxury, originate house tours are on hand by appointment. 

The dwelling has 5 toilets and three half of-toilets. (Concierge Auctions)

Whenever you compose happen to be shopping for luxury property honest now (fortunate you), there’s honest data — or no longer it is a long way a purchaser’s market.

A document released by Sotheby’s closing month predicted Calgary’s luxury accurate estate market is seemingly to trip on the help of for some time, given the city’s fragile financial recovery.

Sales of properties valued at greater than $1 million dipped 21 per cent year-over-year within the first half of of 2019, in step with the corporate’s drop document.

The dwelling broke a Calgary MLS observe document in 2013 when it supplied for $11.1 million. (Concierge Auctions)

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