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Real Estate


Muammar Gaddafi’s son stops paying the condo fees on his Toronto penthouse

The condo board of the building at Spadina and Lake Shore where Saadi Gaddafi owns a penthouse has placed a lien against his property, citing $4,431 in unpaid fees. His lawyer said that the third son of the former Libyan dictator can’t pay up because of a UN Security Council resolution that froze his assets. (That  said, Gaddafi somehow kept up-to-date with his condo fees for at least nine months after the resolution passed, and he seems able to fund an alcohol-fuelled lifestyle in Niger.) The condo will likely remain frozen by the Canadian government for the foreseeable future—so any prospective buyers tempted by the novelty of owning an ex-dictator’s son’s penthouse will have to be patient. [National Post]