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

  • Clean up, power restoration efforts underway after destructive Ontario storm

    Canada News CTV News
    Crews are working to restore power to more than 150,000 Ontario customers who are still without hydro after a deadly storm swept through the province on Saturday. At least ten people died and three communities declared states of emergency after the storm that down trees, brought down power lines and damaged property. Source
  • Judge to decide if 'Freedom Convoy' organizer Tamara Lich heads back to jail

    Canada News CTV News
    An Ottawa judge is expected to decide today whether "Freedom Convoy" organizer Tamara Lich should return to jail. Moiz Karimjee, a Crown prosecutor, says Lich violated one of her bail conditions by agreeing to accept an award for her leadership during the Ottawa protest, and should be sent back behind bars to wait for her trial. Source
  • Ukraine: Russia must withdraw to pre-war positions for talks

    World News CTV News
    KYIV, Ukraine - Ukraine's president said Wednesday that Russia must pull back to its pre-war positions as a first step before diplomatic talks, a negotiating line that Moscow is unlikely to agree to anytime soon. Source
  • Many families of people killed in N.S. mass shooting boycott public hearings

    Canada News CBC News
    Lawyers representing more than half of the people killed in the April 2020 mass shooting in Nova Scotia say they are boycotting four days of public inquiry proceedings in response to a ruling that three key Mounties will not have to testify in person. Source
  • Ukraine's Zelenskyy offers condolences over Texas school shooting

    World News CTV News
    DAVOS, Switzerland - Ukraine President Volodymyr Zelenskyy on Wednesday offered his condolences to the relatives of the victims of the Texas school shooting, the worst school massacre in the United States for nearly a decade. Source
  • Warriors coach Kerr calls for gun control after Texas school shooting

    World News CTV News
    Golden State Warriors coach Steve Kerr refused to talk about basketball at a pre-game news conference on Tuesday and instead called for stricter gun control after the killing of at least 18 children and an adult in a Texas school shooting. Source
  • Family grieves teacher killed in Texas school massacre

    World News CTV News
    Eva Mireles on Tuesday went to a job she seemed to love, teaching fourth grade in the small Texas town of Uvalde, but she never came home, murdered along with 19 pupils and another teacher in the latest mass shooting to plague U.S. Source
  • Ottawa storm winds reached 190 km/h: researchers

    Canada News CTV News
    Winds in the destructive storm that hit Ottawa and the region on Saturday reached 190 kilometres per hour in some areas, researchers say, but a tornado did not touch down. "Analysis of the data reveals that a particularly intense downburst, not a tornado, was responsible for the damage" in south Ottawa, the Northern Tornadoes Project at Western University said on Twitter Wednesday morning. Source
  • Texas elementary school's end-of-year plans shattered by shooting

    World News CTV News
    The children at Robb Elementary School in Uvalde, Texas, were two days away from their summer break when Tuesday's massacre unfolded. They had visited the zoo and participated in a gifted-and-talented showcase, recent posts on the school's Facebook page showed. Source
  • Delegations from Sweden and Finland in Turkey for NATO talks

    World News CTV News
    ANKARA, Turkey - Senior officials from Sweden and Finland met with Turkish counterparts in Ankara on Wednesday in an effort to overcome Turkey's strong objections to the Nordic nations' bids to join NATO. Sweden and Finland submitted their written applications to join NATO last week. Source