Jaw-dropping footage shows how Canada‘s largest house – a 65,000-square foot lakeside mansion – has fallen into disrepair since being abandoned during the financial crisis.
The unfinished property – named the Peter Grant Mansion after its intended owner – is packed with luxurious features such as a waterfall, small golf course, two swimming pools, indoor boat garage, squash court and an observation lighthouse.
It sits on the picturesque Lake Temiskaming in Northern Ontario, and was abandoned during the financial crisis of 2008, despite being close to completion.
The property, which has curved walls and floor-to-ceiling windows, has been left to rot ever since. A YouTube video tour of the property created by Jake Williams, founder of the Toronto-based Bright Sun Films, reveals the mansion’s winding staircases, towering windows and curved architectural features.
Williams could be heard exclaiming: ‘What a waste!’ as he entered the abandoned home.
The Peter Grant Mansion sits on 43 acres of property and was last listed in 2010 as costing $25million. It was near completion before the 2008 economic recession financially crippled its owner and his company. Grant now lives at another luxurious property within the grounds of a nearby golf course.
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Canada’s largest house is a 65,000-square foot mansion that’s abandoned and decaying
Named the Peter Grant Mansion, the building sits on 43 acres on the shores of Lake Temiskaming in Northern Ontario
It features a waterfall, small golf course, two swimming pools, indoor boat garage, squash court and an observation lighthouse, but has been left to rot for over a decade.
‘It’s hard to even comprehend how much is still left behind here,’ Williams says in the YouTube video. ‘Since this building got so far in construction, many of the exterior and interior fittings were near completion. Utilities were even in a working state by the time of abandonment.’
Williams explained that he talked to engineering professors and industry experts to find that the total prices of the mansion’s salvageable materials amount to roughly $1.8million.
This includes $315,000 for Prairie Bluff Stone, $100,000 for floor tiles, $243,750 for electrical wiring, $300,000 for plumbing, $35,000 for wood panels and an additional $850,000 for miscellaneous expenses.
As of 2020 it is not clear who actually owns this property. But news articles from June 2018 state that it is owned by a Toronto-area company who also owns another vacant property in the same town.
Peter Grant was a forestry tycoon with Grant Forest Products, which he founded in 1980 and was a leading producer of a plywood-like material called oriented strand board. The company owned about six mills across North America and employed over 1,000 people. Grant was Canada’s 87th wealthiest person at the height of his career, with a net worth of 400million in 2004.
The Peter Grant Mansion, named after and built by the forestry mogul of the same name, was last listed in 2010 as costing $25million
A YouTube video tour of the property created by Jake Williams, founder of the Toronto-based Bright Sun Films, reveals the mansion’s interior architecture
Peter Grant was a forestry tycoon with Grant Forest Products, which he founded in 1980
He started construction on the Peter Grant Mansion in 2005, but was forced to abandon it after the 2008 global recession bankrupted his company
Now it sits decaying, covered in graffiti and marred by broken windows
He started construction on the Peter Grant Mansion in 2005, buying the 43-acre plot of land for $110,000, and sought out to build a space that was equal parts dream home and company offices.
However, Grant Forest Products took a beating during the 2008 economic recession. Company contracts dried up and at a time when Grant had invested so much in building new facilities like the Canadian mansion.
By June 2009, the company succumbed to its financial woes and filed for bankruptcy, citing nearly $600million in debt. The mills have since been sold and all remaining assets are up for sale, including the mansion.
It requires at least $1 million in upgrades to be livable.
It is not clear who the current owners are, but Kidd said that they have not done much outside of installing security cameras. They also haven’t paid property taxes on the building in three years, he added.
‘A building with so much potential and now it’s just decaying, is the biggest problem,’ he said.