If you’re looking forward to enlarging the range of your properties, here we have the largest privately held property in Canada, available at $79,183,315. The place is a genuine terrestrial paradise and boasts 100 square miles of exquisitely natural terrain.
Measuring the equivalent of 65,000 square feet, the property is located right near Montebello, Quebec and was recently listed on sale by Sotheby’s International Realty. It is, in fact, a protected wilderness reserve, found alongside the Ottawa River, west of Lac Papineau, Quebec. It is said to claim more than 70 private lakes, all of them surrounded by a nine-mile river and lush forests.
It also encompasses a secure gated and private community with 13 superbly fitted chalets, ranging between 200 and 4,000 square feet. There’s also a private exclusive marina upon a large lake with 28 miles of waterfront and 5 islands. If you’re the one to feel enthusiastic about all sorts of outdoor activities, hunting and fishing, this property would be quite a nice investment.
Dubbed the Kenauk Property, it can be used with either residential or commercial purposes. The current owner is OMERS, a Canadian pension fund, but the history that backs it up is quite interesting. It was owned by the Catholic Church before it was transferred to Joseph Papineau, a Canadian politician.
The fellow had sold it back in 1817 to his oldest son and was later converted into an elite club. As the 1930s came, the adjacent property got fitted with a luxurious resort. It was later purchased by the Canadian Pacific Hotels, back in 1999, and merged with the Fairmont Hotels. And finally, in 2006, the estate was sold to the Ontario Municipal Employees Retirement System private pension fund, the OMERS.