Multi-million dollar mortgages

Multi-million dollar mortgages

Just when you thought your mortgage seemed sky-high


So you think housing prices are out of reach in Vancouver and Toronto? Just be glad you haven’t leveraged yourself with one of these monster mansions.

Mukesh Ambani's new home (Mail Today / Getty Images)

Mukesh Ambani’s new home (Mail Today / Getty Images)

The Antilla building: $1 billion

Antilla is a residential property in South Mumbai owned by Indian business magnate Mukesh Ambani. It’s the second most expensive home in the world (after Buckingham Palace!) and includes a staff of 600.

Villa La Leopolda: $750 million

This large villa, residing in the town of Villefranche-sur-Mer on the French Riviera, is owned by Brazilian philanthropist Lily Safra. Over the decades its uses have varied: During World War I it served as a military hospital and Alfred Hitchcock used it as a set in his 1955 movie “To Catch a Thief.” Today, it’s registered as a French monument historique.

Fair Field compound: $250 million

Considered one of the largest occupied residential compounds in the United States, this 63-acre ocean-front property in Sagaponack, New York features a 66,000-square-foot main house that includes a 91-foot long formal dining room, a basketball court, a bowling alley and $150,000 hot tub. Owner and billionaire industrialist Ira Rennert reportedly didn’t win the favour of local residents when he built it.

Kensington Palace Gardens: $220 million

This mansion at 18 Kensington Palace Gardens in London, England resides on one of the most expensive residential streets in the world, commonly known as “Billionaires Row.” Ownership has varied over the years but its current occupant is Indian steel magnate Lakshmi Mittal who amusingly refers to the property as his “Taj Mittal.” Amenities include 12 bedrooms, an indoor pool, Turkish baths and parking for 20 cars.