PRE-EMPTIVE OFFER HEADS OFF BIDDING WAR ON CONRAD BLACK ESTATE The highly-anticipated auction of Conrad Black's Toronto mansion was called off when a pre-emptive offer landed just as the bidding was set to begin.  Participants who had gathered at the Four Seasons Hotel Toronto were left to sip wine and snack on hors d'oeuvres as the clock ticked past the 6pm start time. Less than 10 minutes later, they were informed by a representative of the auction house that... [read more]

CONDO OF THE MONTH A Yorkville Pied-a-Terre in Yorkville's 21 Scollard Street Address: 21 Scollard Street, Suite 104 Neighbourhood: Yorkville List Price: $499,000 The Place: A professionally designed pied-a-terre on the first floor of a low-rise building next to the Four Seasons Hotel & Private Residences. The History: A landscape architect and his designer partner bought this one-bedroom a couple years ago, not to live in, but as a place to... [read more]

SAUDI PRINCE SEEKING SALE OF FOUR SEASONS TORONTO ​Four Seasons owner seeks up to CDN$250-million for landmark hotel. Sale would not include condo portion in Yorkville area. Saudi Prince Alwaleed bin Talal Al Saud is seeking to sell Toronto's landmark Four Seasons Hotel for almost CDN$1-million ($768,000 US) a room in what would be the highest price for a hotel in Canada, according to people familiar with the matter. Kingdom Holding Co., the investment firm owned by... [read more]