Photos: Reduced price for a mansion built by a Vancouver liquor baron and restored by a Beijing developer

The Rosemary Estate is still waiting for another earl.

In December 2020, the Straight reported on the listing of this heritage home in Vancouver.

Built between 1912 and 1913, the property at 3689 Selkirk Street was originally owned by lawyer and liquor magnate Albert Edward Tulk.

Tulk was the president and director of Gold Seal Liquor Co., distributor at the time, among others, of Jos whiskeys. E. Seagrams & Co..

The businessman named the mansion after his daughter Rosemary.

A Vancouver Heritage Foundation (VHF) account mentions two notable figures who later lived in the Shaughnessy area mansion.

They are Lieutenant Governor John William Fordham Johnson (1922-1931) and industrialist and horseman Austin Taylor (1931-1947).

The Order of the Convent of Our Lady of the Cenacle occupied the property from 1947 to 1994.

VHF goes on to report that the Vancouver real estate was sold in 2014 to Mingfei Zhao.

the Radio Canada reported about 3689 Selkirk Street when the property was being renovated.

The report described Zhao as a retired Beijing property developer and the “new ‘Earl’ of Shaughnessy”.

“Now 60, he admits to having a net worth of over C$1 billion and says he chose to retire to Vancouver for ‘clean air’ and a good education for his son” , Radio Canada reported in 2016.

Zhao paid the estate in 2014 for $11,010,000.

In the 2016 report, Radio Canada said the owner had already spent $6 million on renovations that were underway at the time.

The property was listed on the market in January 2020 for $26,988,000.

the Straight reported on one-year enrollment on December 26, 2020.

The Vancouver real estate listing expired in January 2021 and re-entered the market in June of that year for the same price of $26,980,000.

The offer ended on March 8, 2022 at a lower price of $23,980,000.

On the same day, the Rosemary Estate returned to the market at a discounted price of $19,980,000, which remains as of Monday, May 2.

The mansion at 3689 Selkirk Street has a 2022 valuation of $19,236,000.

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