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Château Montebello Bidding War Heats Up | Ottawa News

Château Montebello Bidding War Heats Up | Ottawa News

Published 1 month, 2 weeks ago
Description

The Château Montebello’s historic future is on the line as a local consortium, including the Ottawa Senators owner and a spa mogul, raises their bid in a final push before the July 10 deadline. With backing from the Gatineau mayor and plans to invest $100–150 million over four years—including expanding the marina, golf course, and adding 125 hotel rooms—they’re aiming to ready the resort for its 100th anniversary in 2030. The sale, delayed from June after no standout bid emerged, now hinges on whether this group can outmaneuver rivals—and whether price alone will win the day.

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