And now another Toronto real estate milestone
approaches as the Four Seasons goes up for sale and could command the largest
price for a hotel in Canada. The opulent Four Seasons is located in the super
trendy Yorkville area of the city and is literally in the centre of the action
with direct access to everything worthwhile in Toronto. The property is owned
by a Saudi Prince which may add to the mystic and possibly the selling price. Prince
al-Waleed bin Talal’s Kingdom Holding Company has pegged the value between
$200-$250 million making it the highest priced Monopoly move in Canada. The
iconic Fairmont Royal York Hotel recently sold for just over $185 Million which
was a record at that time. Yes, Toronto’s real estate insanity extends to hotel
and commercial properties too. Exclusive: Saudi prince puts Four Seasons Toronto up for sale - sources | Business | Reuters
approaches as the Four Seasons goes up for sale and could command the largest
price for a hotel in Canada. The opulent Four Seasons is located in the super
trendy Yorkville area of the city and is literally in the centre of the action
with direct access to everything worthwhile in Toronto. The property is owned
by a Saudi Prince which may add to the mystic and possibly the selling price. Prince
al-Waleed bin Talal’s Kingdom Holding Company has pegged the value between
$200-$250 million making it the highest priced Monopoly move in Canada. The
iconic Fairmont Royal York Hotel recently sold for just over $185 Million which
was a record at that time. Yes, Toronto’s real estate insanity extends to hotel
and commercial properties too. Exclusive: Saudi prince puts Four Seasons Toronto up for sale - sources | Business | Reuters
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