2022 Significant Sales Highlights
Market Updates
Canadian luxury real estate will make a historic debut at Sotheby’s, the world’s largest, most trusted and dynamic marketplace for art and luxury, when our prestigious Canadian property represented by Sotheby’s Concierge Auctions and Sotheby’s International Realty Canada is offered for live bidding at the iconic Sotheby’s New York auction house on June 14, 2023. The live auction of Vollebak Island, located off the coast of Nova Scotia, will mark the first time that Canadian real estate has been presented for live auction at Sotheby’s New York, as part of Sotheby’s bi-annual Luxury Week sales series.
“The presentation of Vollebak Island for live bidding at Sotheby’s New York will mark a historic first for Canadian real estate, putting our country’s luxury real estate opportunities on the world’s most prestigious stage,” says Don Kottick, President and CEO of Sotheby’s International Realty Canada. “Sotheby’s world-renowned auction house has brought the most treasured possessions to the global market for close to three centuries and Sotheby’s International Realty’s affiliation with this brand heritage has helped us to build an innovative marketing and referral program that connects the world’s finest properties to discerning clientele online and through traditional channels. This upcoming live auction underscores the fact that Canada is now well-established as one of the most sought-after destinations for real estate on the global luxury market.”
Vollebak Island, located off the coast of Nova Scotia, is set to be auctioned by Sotheby’s Concierge Auctions in co-operation with Sotheby’s International Realty Canada listing agent Angie Bryant and Scott Bryant, Regional Director, Atlantic Canada. With an estimate of $5,000,000 to $10,000,000 USD, the island is a pragmatic utopia conceptualized by the globally renowned architecture firm Bjarke Ingels Group (BIG). Completely self-sufficient, the island boasts a diverse ecosystem of dense forests and over 11 acres of land to explore. Bidders will not only vie for the chance to own the majestic island but will also be granted coveted and exclusive rights to Ingels’ design vision, with planning permission for those designs.
“We are thrilled to offer this property at auction and provide bidders with an opportunity to own an exceptional piece of real estate. We couldn’t ask for a better-suited property to include in our Exceptional Global Properties sale at Sotheby’s New York. This once-in-a-lifetime property exemplifies one of the most experiential real estate offerings in the world, and as such, we look forward to competitive interest from bidders all over the world,” says Chad Roffers, President of Sotheby’s Concierge Auctions.
In addition, two other luxury Canadian properties are scheduled for auction with Concierge Auctions. The Jacques-Cartier Riverfront Oasis, represented by Martin Dostie, is scheduled for auction this summer.
Sotheby’s Luxury Week is a sale series showcasing a curated selection of the world’s most luxurious collectibles and real estate. Bidding for the properties will open online on June 8, 2023, at conciergeauctions.com and culminate live on June 14, 2023, at Sotheby’s New York.
“Luxury real estate auctions are piquing interest in the high-end real estate market, where qualified buyers can be rare and exceptionally discerning,” says Kottick. “We believe that our partnership with Sotheby’s Concierge Auctions can be a meaningful option for discerning clientele and agents, particularly for truly bespoke properties that may benefit from the unique exposure that this specific platform offers.”
Discover Canadian properties at Sotheby’s Concierge Auctions
Vollebak Island, Nova Scotia
Sterling Manor, Penticton, British Columbia
Québec City, Québec
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