Concierge Auctions Strengthens Foothold In Toronto With Auction Of Two Of Canada's Most Valuable Properties

TORONTO, May 20, 2014 /PRNewswire/ -- Concierge Auctions, a luxury real estate auction firm serving high net-worth individuals worldwide, today announced the June 26 auction of 75 Highland Crescent and Four Seasons Toronto Private Residence 4403, two contemporary properties for buyers who have an appreciation for cutting edge technology and the most luxurious amenities available in Canada. Unit 4403 in the Four Seasons Private Residences was originally offered for $10.95 million and will sell without reserve in cooperation with Janice Fox, Broker at Hazelton Real Estate. The impeccable estate at 75 Highland Crescent was originally offered for $23.9 million and is selling in cooperation with Jay Bleiweis, Sales Representative at Forest Hill Real Estate.

"75 Highland Crescent and Four Seasons Private Residences 4403 feature all of the incredible amenities, unrivaled luxury, and stunning modernity that sophisticated homebuyers turn to Concierge Auctions to find," said Founder and President of Concierge Auctions, Laura Brady. "We are excited to continue our expansion into the vibrant and strong Canadian market with these two amazing offerings."

The 13,610-square-foot home at 75 Highland Crescent is perched on one of the highest points of Toronto's "Millionaires' Row". This four-bedroom, four full and three half-bathroom estate and the views that it affords combine the best that a 21^st Century smart home and the Canadian outdoors have to offer. The property rests above a spectacular natural ravine that provides an aesthetic balance for the breathtaking cityscape that lies just beyond.

The focal point of the house is a 22-ton spiral metal and marble staircase in the grand rotunda. Other features include a tailor-made Boffi kitchen imported from Italy, two swimming pools, a whirlpool, and a hydraulic floor garage that leads to a 5-space lower level garage.

"75 Highland Crescent is a 'king among kings' estate," said the seller, tech mogul Andrei Melkoumov. "Set in a neighborhood that features the most luxurious houses in the city, this property stands, quite literally, head and shoulders above the rest. "

For the executive jetsetter who is energized by the bustle of the city and seeks proximity to the business district and the world's best shopping and restaurants, Four Seasons Private Residences 4403 is the ideal home. A luxury retreat on the 44^th floor of the building that hosts the most expensive apartment in Canada, this residence features a sprawling 3,422 square feet of living space, including two bedrooms, two full and one half bathrooms, living room, dining room, library, and kitchen.

The only unit in Four Seasons Private Residences Toronto allowed to be fully customized, 4403 boasts a spectacular minimalist design. The residence has access to two direct access elevators, which lead from the grand room to the five-diamond facilities and concierge services that are available to building residents, including an indoor pool, fitness centre, spa services, in-residence dining, housekeeping, meeting facilities and business centre.

Two private balconies offer stunning southeast and southwest views. At any time of day, residents can marvel at the iconic CN Tower and Rogers Centre or, gazing further afield, reflect upon quiet boat scenes along Lake Ontario.

"In many ways, Four Seasons Private Residences embodies the greatest qualities of Toronto; it is vibrant, cultural, and unapologetically avant-garde," said Fox. "Its flawless contemporary design, unrivaled facilities, and ideal location make The Four Seasons Toronto the best building in the city, hands down."

The auctions of 75 Highland Crescent and unit 4403 at Four Seasons Private Residences, located at 50 Yorkville Avenue, will be conducted live on June 26th. A 2.5% commission is offered to the buyers' representing brokers. 75 Highland Crescent is open for preview daily from 1-3pm, and Residence 4403 is available for preview by appointment from 10am-12pm. See Auction Terms and Conditions for full details. For more information, call 212.257.5174.

About Concierge Auctions

Concierge Auctions is a New York City-based luxury real estate auction firm founded in 2008. Concierge Auctions serves high-net-worth individuals internationally through an accelerated marketing process that obtains fair market value for high-end properties. The firm executes auctions typically valued between $2.5 million and $20 million.

75 Highland Crescent is listed for sale by Forest Hill Real Estate Inc. (4714268), 1688 Avenue Rd., Toronto, ON M5M3Y4, (416) 785-1500. Listing agent Jay Bleiweis, Sales Representative (1221152). 50 Yorkville #4403 is listed for sale by Hazelton Real Estate Inc., (169200) 45 Avenue Rd., 2nd Floor, Toronto, OR M5R2G3, (416) 924-3779. Listing agent Janice Fox, Broker (1621174). Concierge Auctions, ULC — 100 King Street West, Ste 5600, Toronto, ON, M5X 1C9, Canada — is the provider of auction marketing services and is a not a licensed brokerage. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions LLC, its agents and affiliates, broker partners, Auctioneer, and the Sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are fully protected and encouraged to participate. See Auction Terms and Conditions for full details.

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SOURCE Concierge Auctions