Moncton's Castle Manor has been sold
No details being released, but historic landmark building had been listed at $699,900
Moncton's historic Castle Manor has a new owner, says realtor Kathy Guitard.
No details about the terms of the sale are being released, she said.
"There will be an announcement made once the property closes," said Guitard, adding she is unable to disclose when that will be.
The landmark building, located on Mountain Road, had been listed at $699,900.
At that time, Guitard had estimated it would cost between $500,000 and $1.5 million to restore the Gothic Revival-style structure, built in the early 1900s.
It had been vacant for several years.
The real estate listing, which referred to the building as a "must see" for developers looking for a multi-unit project, special care home or bed and breakfast, had captured national attention.
The website of the Vancouver newspaper The Province featured a story about the sale, showing the 19,000 sq. ft. building is more affordable than some bungalows in the city's east end.
Castle Manor, which formerly housed a Catholic school, has a chapel on site, original mill work and stained glass.
It was put up for public auction in May 2013 after the former owner defaulted on the mortgage, but there were no bids.
A Toronto-based development company was the latest owner.