The world economic order is in chaos.
Financial markets are disappearing. leveraging.
European debt is falling.
Conspicuous consumption, like Brown
Pack up what they bought at Hermes.
But not Paul micaras.
No home is too grand for Toronto developers, and no backyard can't be dressed in infinity pools.
Micaras is selling his horse cage Road home with more than 30,000 square feet of home. ft.
Living space for $29. 5 million —
The highest asking price for Toronto MLS. PHOTOS: $29.
5 million Bridle Path mansionThis property states: it says you don't regret it, stinking rich.
You're not afraid to show it either.
Miklas's current home has been upgraded from his last pad, a 18,000-sq. -ft.
The "starter" home across the street cost $11.
8 million, the highest price in 2009.
Micaras lived a life of 0. 0001 per cent.
Life is beautiful.
No, well done!
"Look at the view!
Just look at the view!
Micaras in his favorite open uniform
There was a black shirt and jeans standing on the balcony of his bedroom.
It stretches over two acres.
The indoor pool is on his right.
The hotel also features an outdoor pool, tennis courts, and green.
He returned to the house.
There are six TV sets, he and her wardrobe, he and her bathroom.
Don't forget the bar, kitchenette, balcony!
It's just the master bedroom. At 3,000 sq. ft.
Bigger than most Toronto houses.
Micaras gave the star the exclusive look of a full mansion and it took him six years to finish it.
He's still adjusting it.
A tennis court and a terrace are not yet built.
There will be arguments about whether you think his mansion is flashy or great.
But you can't deny the enthusiasm of micaras.
Few developers can talk about ice cream as passionately as real estate. . .
But he can open his Baskin Robbins in the basement if he wants.
There are 13 bathrooms in this hotel.
In such a big house, it may take a long way to get to the next toilet.
There are nine fireplaces for those who hate airy houses.
Of course, there are eight bedrooms, one eight.
Garage and four kitchen.
Of course, 4,500-sq. -ft.
An indoor pool with a bar and massage room.
The mansion must be specially built to support 8,000 square feet. ft.
Marble floor.
The couple traveled to France to visit historic buildings such as the 17th-century vicormont Castle, the original source of inspiration for the Palace of Versailles.
"We extracted the elements we liked from different castles and used the ideas in the house.
We designed everything.
"No details are too small," said Miklas . ".
Sparkling custom white cabinets and Michelin restaurant floors in the garage
The star chef can make it the most built car. port in town.
And the rich don't seem to wear a letter shirt alone.
Micaras points to a huge walnut door with a bathroom inside.
Round details in the middle are designed with a home badge.
"I think this is really the throne room," he said with a smile . ".
The 50-year-old has lived in the house for nearly two years.
He used it extensively for entertainment.
Wife Holly is a former partner.
President of the Brazilian ball, the most exclusive ticket on the Canadian charity tour.
Before it was fully built in 2009 for $23 million, he put it on the market.
It was not sold so they decided to move in.
Since then, the real estate market in Toronto has reached its peak.
A comparable lot for $7.
Earlier this year, only 8 million people were in malerdao.
Building a new home will cost about $500 per square foot and $5 million per 10,000 square foot of living space.
At this point, micaras thought his home was "good.
Other experts may think it's over. valued.
One big change, Miklas says, is that conservative Toronto is not afraid to show something gorgeous and pay for the best.
"People thought I was crazy when I first started.
No one will buy these houses.
But I think people travel more and see what's out there and reward themselves.
More than one economist said the real estate market is currently an unsustainable bubble.
Luxury properties are the first to feel the impact when the bubbles burst, as they are purely discretionary purchases.
Micaras did not flinch.
"You won't believe that there is such wealth there, Toronto is on the map of every global billionaire," micaras said on another day, in Hamburg, in his unofficial "office", at the restaurant Joey restaurant in the nearby Don Mills square.
Micaras used to drive through marcage Road as a child, wondering if he would live in a mansion he was passing.
His father was a developer and had him start with the building family company, where he eventually established branches in the 905 area and then specialized in bripath and expanded to apartment development
He insists that everyone can live a "extravagant" life.
This is a state of mind, he said.
"It's not necessarily to have the biggest house.
It is about the most fulfilling life.
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