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Canada's Park Avenue Consulate Sold for $11M

Canada's Park Avenue Consulate Sold for $11M

Published 5 days, 22 hours ago
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Canadas Old Park Avenue Consulate Sells for $8.85M, Ending Two-Year Wait

The old consulate generals apartment on Park Avenue, New York, has finally sold for $8.85 million, ending a two-year wait. The sale, which works out to over $11 million CAD, reflects market conditions and buyer interest. The government confirmed the sale, stating its a net financial win for Canadians. The old apartment, bought in 1961, was sold due to accessibility issues, co-op board rules, and lack of clear living-working spaces. The government had previously argued that buying a new condo would save money, but the old apartments sale finally closes the chapter.

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