Here's what $7.5 million can get you near Edmonton

An estate home perched on the banks of the North Saskatchewan River just outside of Edmonton could be yours for a cool $7.5 million.

See Full Article

With 25-foot hand-painting ceilings, a hand-sculpted dragon perched above a fireplace and an underground tunnel that leads to a separate guest home, the custom-built home in Rural Parkland County, Alta. is unlike any other you'll find in the area.

"I just wanted to end my career the same way I started it," developer and homeowner Donald McCargar told CTV Edmonton. "I wanted to leave a legacy behind."

The 18,000 square-foot home includes five bedrooms, six bathrooms, a six-car garage and another 3,500 squarefeet worth in balconies and decksalone that offer “breathtaking views.”

McCargar said he spent eight years designing and building the home.

Located a mere 12 feet from the North Saskatchewan River, McCargar said the home’s location is what sets it apart.

“I don’t think you’d find another one like this in Edmonton,” he said.

McCargar said if he can't find a buyer for the sprawling mansion, he'd be open to renting the property out for private events such as weddings.

"If I can have people enjoy this estate and cover my cost of investment, I'd be open to that," he said.

The number of homes in and around Edmonton that have sold for $1 million or more has steadily increased over the last year years – from 20 homes in 2006 to 121 in 2015.

Realtor Julian Szklarz, who is managing the sale, said nowadays a $1 million-listing “is not that extravagant” of a purchase price for a home in the area.



Advertisements

Latest Canada & World News

  • Trump's threats against North Korea leave Asia struggling for answers

    World News CTV News
    SEOUL, Korea, Republic Of - Was it a bluff? A warning that Washington would shoot down North Korea's next missile test? A restatement of past policy? Or simply just what it seemed: a straightforward threat of annihilation from the president of the United States? Source
  • Officials raise Mexico quake death toll to 226

    World News CTV News
    Mexico's civil defence agency says the death toll has risen to 226 from Tuesday's magnitude 7.1 earthquake that knocked down dozens of buildings in Mexico City and nearby states. The official Twitter feed of agency head Luis Felipe Puente said early Wednesday that 117 people were confirmed dead in Mexico City, and 55 died in Morelos state, which is just south of the capital. Source
  • Rain, relocation add to woes in Rohingya Muslim camp

    World News CTV News
    COX'S BAZAR, Bangladesh - Monsoon rains, relocations and extortion attempts are worsening the living situation in the Bangladeshi camps for Rohingya Muslims who fled Myanmar. Several Rohingya camps in this coastal city are flooded from three days of unrelenting rains. Source
  • Sentencing set for man convicted of sexually assaulting 6 girls from same family

    World News CTV News
    DOYLESTOWN, Pa. - A man convicted of sexually assaulting six girls from the same family, fathering two children with one of them, is scheduled to be sentenced in a Pennsylvania court. Fifty-two-year-old Lee Donald Kaplan will be sentenced in Bucks County court Wednesday on multiple counts of child rape, statutory sexual assault and other charges. Source
  • Ninth person dies after Florida nursing home evacuation during Irma

    World News CTV News
    HOLLYWOOD, Fla. - Police say a ninth person has died nearly a week after the evacuation of a Florida nursing home that Hurricane Irma left without air conditioning. Hollywood Police Department spokesman Miranda Grossman says in a news release that a 93-year-old man who had been a patient at the Rehabilitation Center at Hollywood Hills died Tuesday. Source
  • Mueller team questions deputy attorney general amid probe of Comey firing

    World News CTV News
    WASHINGTON - Special counsel Robert Mueller's office has questioned Deputy Attorney General Rod Rosenstein as it probes the firing of former FBI Director James Comey, people familiar with the matter told The Associated Press on Tuesday. Source
  • Deadly 7.1 magnitude earthquake kills 149 in central Mexico [Video]

    World News Toronto Sun
    MEXICO CITY — A magnitude 7.1 earthquake jolted central Mexico on Tuesday, collapsing some buildings, cracking the facades of others and scattering rubble on streets on the anniversary of a devastating 1985 quake. The quake caused buildings to sway sickeningly in Mexico City and sent panicked office workers streaming into the streets, but the full extent of the damage was not yet clear. Source
  • No reports of Canadian casualties in Mexico earthquake: Freeland

    World News CTV News
    OTTAWA -- Foreign Affairs Minister Chrystia Freeland says there are no reports of Canadian casualties following a magnitude 7.1 earthquake that killed dozens in Mexico. The U.S. Geological Survey said the quake was centred near the Puebla state town of Raboso, about 123 kilometres southeast of Mexico City. Source
  • Deadly 7.1 magnitude earthquake kills 189 in central Mexico [Video]

    World News Toronto Sun
    MEXICO CITY — A magnitude 7.1 earthquake jolted central Mexico on Tuesday, collapsing some buildings, cracking the facades of others and scattering rubble on streets on the anniversary of a devastating 1985 quake. The quake caused buildings to sway sickeningly in Mexico City and sent panicked office workers streaming into the streets, but the full extent of the damage was not yet clear. Source
  • Would-be ISIS fighter caught threatening to bomb girlfriend's car

    Canada News Toronto Sun
    As a wannabe ISIS fighter, Ismael Habib had all the wrong moves. The Montreal native was stuck in Canada while his wife, in Syria with their children, kept bugging him to get on a plane and join the fight. Source