Stu Hart’s former home up for sale
Heritage mansion, completely renovated in 2009, on market for $ 6M
Since wrestling patriarch Su Hart died in 2004, the mansion he lived in, trained in and where he and Helen raised their 12 children has been the subject of lots of media interest.
Built in 1905, the heritage designated three- storey brick house with six bedrooms and seven bathrooms was sold to Dario Berloni, one of Calgary’s best known and most successful restaurateurs.
He opened Teatro Ristorante in 1993 in the classic Dominion Bank building on the edge of Olympic Plaza and is one of this city’s prime restaurants, with a wine cellar of more than 1,000 labels. Since then his Teatro Group has expanded to include Cucina and E. A. T. in Eighth Avenue Place, Vendome in Sunnyside, Ca’Puccini in Arts Commons, and will open Alfonso Bakery in Eau Claire this fall.
He had several attempts to convert the property surrounding the Hart residence into an exciting development but, after being refused permission to build to his liking, was successful in getting Direct Control Zoning in place to allow for the 2.2 acres ( almost one hectare) to accept 14 units per hectare.
The development opportunity at 435 Patina Place S. W. is now being brought to market through Richard Lewis, of Torode Realty Advisors, who has presented a site plan proposing nine single- family lots. But he will also be promoting it as a fine residence within a very private enclave in the upscale community of Patterson.
Lewis says the 6,899- squarefoot residence was completely renovated in 2009 as a Smart Home by Berloni to a very high standard with new boilers, electrical and mechanical and also offers two attached garage units and a coach house. Asking price has been set at $ 6 million.
As a Realtor with a focus on downtown and the beltline districts, Lewis has enjoyed a longstanding relationship with Berloni and has a unique knowledge of the real estate along Eighth Avenue. He has been involved in the sale of many of its historic buildings since he began his real estate career with John Torode, who recognized the potential in the Fourth Street Rose waiter back in 1989. After Torode sold his business to Barclay Street Real Estate, Lewis made the decision to live in High River but came back to the city earlier this year to work alongside Torode again.
But he still enjoys relationships with High River and another fine property he is representing is the 1907 Koch Block originally constructed as a two- storey commercial/ residential building at 111 3rd Avenue S. W.
Owned by Diane and Brent Rawlinson, who are also the owners of three Vespucci Ladies Consignment locations and others in Edmonton and Toronto, the Koch Block was one of the casualties of the 2013 High River flooding. Empty today but it has now been completely remediated.
Priced at $ 1.6 million, it has a total of 15,000 square feet on the two floors, with great retail exposure within the central business district. It’s good to see Lewis back in the city, busy with his investment sales and working alongside Torode again.
The Hong Kong- Canada Business Association is holding a networking event called Illuminasia at the Calgary Zoo on Sept. 23 to help its CEO, Clement Lanthier, celebrate the zoo’s Chinese Lantern & Garden Festival Sept. 17 to Nov. 1.
Lanthier will give a background talk on the history behind the festival and guest speaker P. J. L’Heureux, founder and president of Craft Beer Market, will no doubt be thrilled to talk about the opening of his newest location in Shanghai later this year, with plans to follow up with others in Hong Kong, Macau, Beijing and Chengdu.
Minhas Micro Brewery in Calgary is already close to capacity at 200 bottles/ cans per minute, so Ravinder Minhas ordered six more fermentation tanks.
That’s a lot of beer, but Minhas now has a contract with Costco to supply 600,000 to 700,000 cases per week in the U. S., Mexico, Puerto Rico, Taiwan and Japan from its Calgary and Wisconsin breweries.
And Minhas tells me the Kirkland Signature Light will soon be available in Canada.
The house formerly owned by wrestling patriarch Stu Hart is up for sale by Dario Berloni of the Teatro Group and Richard Lewis of Torode Realty Advisors.