/
1x
Advertisement
Proudly Canadian, obsessively Toronto. Subscribe to Toronto Life!
Real Estate News

Alex Shnaider has finally sold his Bridle Path mansion for $22 million

By Steve Kupferman
Copy link
Alex Shnaider has finally sold his Bridle Path mansion for $22 million
10 High Point Road. Image from Google Street View

He had to wait two years, but billionaire Alex Shnaider has finally managed to find a buyer for his custom mansion at 10 High Point Road. The 24,000-square-foot home, built on 2.3 acres of Bridle Path real estate in 2010, has a spacious, richly decorated interior. Its amenities include a colonnaded ballroom with space for 100 guests, a dressing room so large it spans two floors, and a poolhouse with its own lounge area and bar.

Shnaider is the Russian-born co-founder of Midland Group, a company that made its initial fortune by investing in ex-Soviet steel mills. He’s also the chairman of Talon International, the developer behind Toronto’s troubled Trump International Hotel and Tower, which has been mired in lawsuits brought by unit owners who say they were misled by Talon’s marketing materials. The tower is reportedly up for sale.

Shnaider’s mansion on High Point Road—which is titled in the name of his wife, Simona—was first listed for sale in June 2014, with an asking price of $28.8 million. This past June, Shnaider dropped the asking price to $26.8 million. The property sold two months later, in early August, for $22 million. His real estate agent, Elise Kalles, couldn’t be reached for comment. Because the sale hasn’t closed yet, the buyer’s identity isn’t public information.

THIS CITY

Obsessive coverage of Toronto, straight to your inbox

By signing up, you agree to our terms of use and privacy policy. You may unsubscribe at any time.

Advertisement
Advertisement

The Latest

Muskoka's hottest ride is this restored 1915 yacht
City News

Muskoka’s hottest ride is this restored 1915 yacht

Inside the Latest Issue

The July issue of Toronto Life features a behind-the-curtain look at the insatiable political ambitions of Doug Ford. Plus, our obsessive coverage of everything that matters now in the city.