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http://www.ottawacitizen.com/homes/Taxed/8334168/story.html
Ottawa’s top 10 priciest homes are all in the leafy inner-city neighbourhood of Rockcliffe Park, according to latest assessments on which property taxes are based.
Priciest of all remains the home of Marlen and Michael Cowpland, who made it big in the technology boom and seemed to have oodles of fun enjoying their good fortune.
The Cowplands’ modern mansion on a dead-end street was estimated to be worth $14.263 million in the assessments of what residential properties were selling for at the beginning of 2012. That was an increase of 13.8 per cent on the home’s estimated worth four years earlier.
Like many whose homes have increased in value, the Cowplands are getting a break on their property taxes this year and for the next two years, since the new assessments won’t be fully applied until 2016.
Here’s a look at the top 10:
234 Perley Ct.
This over-the-top home symbolizes the flamboyant lifestyle of the Cowplands. The exterior is mostly glass and metal and the home has more than 10,000 square feet of living space. The Cowplands’ property tax bill this year is about $150,000. The bill will be even higher when the new assessments are fully applied in 2016.
Old assessment: $12,537,000
2013 assessment: $12,968,500
2016 assessment: $14,263,000
% change: +13.8
688 Manor Ave.
The large brick home of Sean Murray and Jamilah Taib is just a few years old, but it has been widely praised for how well it fits in with the many heritage homes nearby. It’s on a bluff overlooking the Ottawa River and features a large outdoor terrace for entertaining.
Old assessment: $9,609,000
2013 assessment: $9,976,250
2016 assessment: $11,078,000
% change :+15.3
120 Lansdowne Rd. S.
This modern mansion has seven acres of land, one of the largest estates in Rockcliffe. It’s the home of Philip Garel-Jones, who became rich in the technology boom, and his wife, Beata. The house was built on the site where Dutch Princess Juliana, who later became queen, lived during the German occupation of the Netherlands in the Second World War.
Old assessment: $9,325,000
2013 assessment: $9,696,750
2016 assessment: $10,812,000
% change: +15.9
299 Soper Place
The stylish modern home of technology tycoon Michael Potter is built partly with stone salvaged from Birkenfels, a historic Rockcliffe mansion that stood on the site for almost a century. The home has an indoor swimming pool. Recent additions include a four-car garage.
Old assessment: $6,467,000
2013 assessment: $6,759,500
2016 assessment: $7,637,000
% change: +18.1
572 Manor Ave.
This is another comfortable modern home designed to blend in with Rockcliffe’s more traditional architecture. Features include a large front porch with balcony above. The home is owned by Manju Singhal, whose husband, Kris, is president and founder of Richcraft Homes.
Old assessment $5,259,000
2013 assessment $5,422,000
2016 assessment $5,911,000
% change: +12.4
390 Buena Vista Rd.
An expensive and painstaking restoration has made this one of the most valuable older homes in the city. The house has more than 8,000 square feet of living space and extensive English-style country gardens. It’s owned by Daniel Bellemare, a member of the Farm Boy family. The house is currently listed for sale for $6.25 million.
Old assessment: $5,049,000
2013 assessment: $5,254,000
2016 assessment: $5,869,000
% change: +16.2
540 Hillsdale Rd.
This home of Claridge Homes founder Bill Malhotra is a great place for entertaining, with spacious living area opening out to a large patio. An unusual feature is an elevator connecting the main floor to the bedroom floor upstairs.
Old assessment: $4,438,000
2013 assessment: $4,489,000
2016 assessment: $4,642,000
% change: +4.6
5 Crescent Rd.
This is a fine old Rockcliffe home badly in need of repair and currently unoccupied. It’s owned by the African country of Gabon. Ambassadors’ residences are exempt from paying property tax, but Gabon is required to pay the tax until the ambassador moves back in. An embassy spokesman says work should begin soon.
Old assessment: $3,942,000
2013 assessment: $4,110,250
2016 assessment: $4,615,000
% change: +17.1
211 Soper Place
This large modern home has it all, located at the end of a dead-end street in the heart of Rockcliffe with great views over the Ottawa River to Quebec. Listed owner is Subhash Aggerwal trustee.
Old assessment: $3,783,000
2013 assessment: $3,949,750
2016 assessment: $4,450,000
% change: +17.6
313 Acacia Ave.
Yet another modern home in the old village. The handsome stone structure fits in well with its surroundings. The owners are Sandra and Stephen Charles Assaly.
Old assessment: $3,788,000
2013 assessment: $3,874,000
2016 assessment: $4,132,000
% change: +9.1
NEXT WEEK: Ottawa’s top 10 assessed condos.
© Copyright (c) The Ottawa Citizen
Ottawa’s top 10 priciest homes are all in the leafy inner-city neighbourhood of Rockcliffe Park, according to latest assessments on which property taxes are based.
Priciest of all remains the home of Marlen and Michael Cowpland, who made it big in the technology boom and seemed to have oodles of fun enjoying their good fortune.
The Cowplands’ modern mansion on a dead-end street was estimated to be worth $14.263 million in the assessments of what residential properties were selling for at the beginning of 2012. That was an increase of 13.8 per cent on the home’s estimated worth four years earlier.
Like many whose homes have increased in value, the Cowplands are getting a break on their property taxes this year and for the next two years, since the new assessments won’t be fully applied until 2016.
Here’s a look at the top 10:
234 Perley Ct.
This over-the-top home symbolizes the flamboyant lifestyle of the Cowplands. The exterior is mostly glass and metal and the home has more than 10,000 square feet of living space. The Cowplands’ property tax bill this year is about $150,000. The bill will be even higher when the new assessments are fully applied in 2016.
Old assessment: $12,537,000
2013 assessment: $12,968,500
2016 assessment: $14,263,000
% change: +13.8
688 Manor Ave.
The large brick home of Sean Murray and Jamilah Taib is just a few years old, but it has been widely praised for how well it fits in with the many heritage homes nearby. It’s on a bluff overlooking the Ottawa River and features a large outdoor terrace for entertaining.
Old assessment: $9,609,000
2013 assessment: $9,976,250
2016 assessment: $11,078,000
% change :+15.3
120 Lansdowne Rd. S.
This modern mansion has seven acres of land, one of the largest estates in Rockcliffe. It’s the home of Philip Garel-Jones, who became rich in the technology boom, and his wife, Beata. The house was built on the site where Dutch Princess Juliana, who later became queen, lived during the German occupation of the Netherlands in the Second World War.
Old assessment: $9,325,000
2013 assessment: $9,696,750
2016 assessment: $10,812,000
% change: +15.9
299 Soper Place
The stylish modern home of technology tycoon Michael Potter is built partly with stone salvaged from Birkenfels, a historic Rockcliffe mansion that stood on the site for almost a century. The home has an indoor swimming pool. Recent additions include a four-car garage.
Old assessment: $6,467,000
2013 assessment: $6,759,500
2016 assessment: $7,637,000
% change: +18.1
572 Manor Ave.
This is another comfortable modern home designed to blend in with Rockcliffe’s more traditional architecture. Features include a large front porch with balcony above. The home is owned by Manju Singhal, whose husband, Kris, is president and founder of Richcraft Homes.
Old assessment $5,259,000
2013 assessment $5,422,000
2016 assessment $5,911,000
% change: +12.4
390 Buena Vista Rd.
An expensive and painstaking restoration has made this one of the most valuable older homes in the city. The house has more than 8,000 square feet of living space and extensive English-style country gardens. It’s owned by Daniel Bellemare, a member of the Farm Boy family. The house is currently listed for sale for $6.25 million.
Old assessment: $5,049,000
2013 assessment: $5,254,000
2016 assessment: $5,869,000
% change: +16.2
540 Hillsdale Rd.
This home of Claridge Homes founder Bill Malhotra is a great place for entertaining, with spacious living area opening out to a large patio. An unusual feature is an elevator connecting the main floor to the bedroom floor upstairs.
Old assessment: $4,438,000
2013 assessment: $4,489,000
2016 assessment: $4,642,000
% change: +4.6
5 Crescent Rd.
This is a fine old Rockcliffe home badly in need of repair and currently unoccupied. It’s owned by the African country of Gabon. Ambassadors’ residences are exempt from paying property tax, but Gabon is required to pay the tax until the ambassador moves back in. An embassy spokesman says work should begin soon.
Old assessment: $3,942,000
2013 assessment: $4,110,250
2016 assessment: $4,615,000
% change: +17.1
211 Soper Place
This large modern home has it all, located at the end of a dead-end street in the heart of Rockcliffe with great views over the Ottawa River to Quebec. Listed owner is Subhash Aggerwal trustee.
Old assessment: $3,783,000
2013 assessment: $3,949,750
2016 assessment: $4,450,000
% change: +17.6
313 Acacia Ave.
Yet another modern home in the old village. The handsome stone structure fits in well with its surroundings. The owners are Sandra and Stephen Charles Assaly.
Old assessment: $3,788,000
2013 assessment: $3,874,000
2016 assessment: $4,132,000
% change: +9.1
NEXT WEEK: Ottawa’s top 10 assessed condos.
© Copyright (c) The Ottawa Citizen
