A sprawling Edmonton estate, once home to Bruce Saville, a key figure in saving the Edmonton Oilers hockey franchise in the 1990s, has come onto the market for $7 million. The property, known as Tollwood Manor, offers a rare combination of luxury, size, and location, overlooking the Whitemud river valley and situated near the exclusive Derrick Golf and Winter Club.
Saville, a successful Edmonton software tycoon and philanthropist, built the approximately 18,000-square-foot manor in the 1990s. He was instrumental in preventing the Oilers from relocating to Houston, Texas, in 1998, leading a group of local investors to purchase the team. The listing of his former home provides a glimpse into the lifestyle of a man who played a pivotal role in preserving a beloved Canadian institution. The current listing for this unique property is attracting attention from those seeking a truly one-of-a-kind residence in Edmonton.
Realtor Justin Vega, who is handling the sale, emphasized the property’s unique qualities. “It’s in a location where it could not be produced again,” Vega said, as reported by the Edmonton Journal. “If you had to proceed out and locate three contiguous lots, you’re going to be in $5-6 million for the dirt, and then you still have to build the house. I don’t think there’s another home that rivals it in the city. If someone’s looking for a true Tudor-inspired English manor, What we have is the only one I grasp of in Edmonton.”
A Tudor-Inspired Estate with Modern Amenities
Tollwood Manor, named after one of Saville’s horse stables, is described as a four-story villa. The interior boasts exceptionally large bedrooms, each designed as a self-contained suite with its own balcony. Vega noted that the master bedroom is larger than many entire homes in Edmonton. The property is currently insured for $16 million, reflecting its substantial value and unique construction.
Beyond the sheer size and luxurious finishes, the property’s location is a significant draw. Its proximity to the Whitemud river valley offers scenic views and access to Edmonton’s extensive river valley park system. The nearby Derrick Golf and Winter Club, as noted on its website, provides a range of recreational facilities, including golf, tennis, swimming, and racquet sports, fostering a family-oriented community. The Derrick Golf and Winter Club is a well-established private club in Edmonton.
The Financial Realities of Owning Tollwood Manor
Owning a property of this scale comes with significant financial commitments. Monthly utility costs are estimated at around $3,000, and annual property taxes are approximately $77,000, based on the latest city and provincial budgets. These figures underscore the ongoing expenses associated with maintaining such a large and luxurious estate. The substantial property taxes reflect the value of the tri-lot property on which the manor is situated.
Bruce Saville’s Legacy in Edmonton
Bruce Saville’s impact extended beyond his business success and his role in saving the Oilers. He was a noted philanthropist, contributing to various charitable causes in the Edmonton area. His commitment to the community is reflected in the lasting legacy of Tollwood Manor, a property that embodies both luxury and a connection to the city’s history. Saville passed away in 2019, leaving behind a significant mark on Edmonton’s business and philanthropic landscape.
The sale of Tollwood Manor represents more than just a real estate transaction; it’s the passing of a piece of Edmonton history. The property’s unique features, combined with its connection to a prominent figure in the city’s past, build it a highly desirable residence for those seeking a truly exceptional lifestyle. As reported by Yahoo News Canada, the property is generating considerable interest.
The listing is being handled by Justin Vega. Potential buyers are encouraged to inquire about private showings to fully appreciate the scale and detail of this remarkable estate. The next step in the process will be determined by the offers received and the negotiations that follow.
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