The Real Estate Illness: Stephen Rousseau Lectures to Patrick Roy

Saint-Sauveur was recently the scene of a notable real estate transaction involving the famous actor and comedian Stéphane Rousseau.

His residence, an elegant house built in 2021, sold for an impressive $1.5 million, slightly more than the original asking price.

Located at 104, avenue de Châteaufort, this 16-room residence, including three bedrooms and two bathrooms, generated a bidding war that caused quite a stir in Laurentians.

Purchased in December 2021 for $1,125,000, Stephen Rousseau’s home quickly gained in value. The residence was put back on the market for $1.45 million in June 2024 after parting ways with his partner, who bought 40% of the property.

Thanks to an effective sales strategy and a favorable real estate market, the sale closed for $1.5 million, allowing Rousseau to achieve a 33% capital gain in two and a half years.

A bidding war that eventually brought in $50,000 more. Clearly, it plays hard in the corners and on the wallet in St-Sauveur.

In stark contrast to Stephen Rousseau’s success, legendary former goalkeeper Patrick Roy had a much less successful real estate experience.

In 2023, Roy sold his luxurious Lac-Beauport mansion for $5.775 million, an already impressive price.

However, the same property was put back on the market a year later by new owners Harold Rouleau and Dave Villeneuve for nearly $12 million.

How can we explain this stark contrast between Rousseau’s and Roy’s dealings? Although Rousseau was able to take advantage of a favorable market, Roy’s house, despite its luxurious features and prestigious location, failed to achieve the expected price.

In the end, the new owners, Roy and his agent, gave it a hard time and sold it for $7.1 million, which was less than initial expectations but more than what Roy paid.

Roy’s home, a 35-room Colorado-style residence with 7 bathrooms, 3 garages and 425-feet of natural beachfront, was sure to attract the most discerning buyers.

However, despite these advantages, the market decided in favor of a sale below the aspirations of the new owners.

This dual real estate narrative highlights the critical importance of a good real estate agent. Stéphane Rousseau, thanks to the efficient management of his sales, was able to increase his profits, while Patrick Roy had to be content with sales that fell short of expectations, perhaps revealing flaws in the strategy followed or the poor evaluation of marketing by his agent.

A winner behind the ice and the bench…but a loser in real estate…

Ultimately, these transactions prove that even the most famous personalities are not immune to the vagaries of the real estate market.

Stéphane Rousseau’s success and Patrick Roy’s disappointment remind us how vital it is to choose your real estate agent carefully and pay attention to market fluctuations to avoid financial disappointments.

Ah, the poverty of the rich. Looking at photos of Rousseau’s house, we tell ourselves it’s 1.5 million balls.

Not forgetting the $35,732 welcome tax owed to the city of Saint-Sauveur. Practically the salary of a primary teacher.

Nothing is good for billionaires…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Love Island: “Tea spilled” on Sandrin and Samuel’s remaining couple of adventures!

This year, the Quebec public will be able to watch Quebec reality…

The Royal Family accidentally shares a false link to King Charles III's speech

Clearly, the week has been complicated for the royal family and its…

David Lee Roth attacks Wolfgang Van Halen

In a new YouTube video, Van Halen singer David Lee Roth attacks…

Grammy Award Winner Beyoncé: Who's to blame?

Jay-Z, who received a lifetime achievement award in hip-hop at the 66th…