Sudbury's Historic Bell Mansion Sold
Sudbury's historic Bell Mansion has been sold to Devla Properties Inc. for $1.25 million, according to Laurentian University.
The proceeds from this sale will be solely used to support the ongoing renewal of Laurentian University’s facilities.
The university's board approved the sale in August, and the new owner took possession of the property in November. Devla Properties Inc. is owned and operated by local developer Peter Nault, who specializes in custom builds and rental units, including those for seniors.
- Sale price: $1.25 million
- Buyer: Devla Properties Inc.
- Purpose of sale proceeds: renewal of Laurentian University's facilities
Author's summary: Historic Bell Mansion sold for $1.25M.