Justin Trudeau appears to be embracing private life with a very public purchase. The former Canadian prime minister, 54, has bought a nearly century-old stone mansion in Montreal’s prestigious Outremont neighborhood for 4.26 million CAD, roughly $3.1 million USD, according to public records reviewed by the Daily Mail. He finalized the deal on Monday after securing a mortgage through the Bank of Montreal.
Justin Trudeau snags multimillion-dollar Montreal mansion, gives Katy Perry a tour — report
The property spans 4,965 square feet and sits on a 13,672-square-foot lot in the shadow of Mount Royal. The nearly 100-year-old stone residence includes seven bedrooms, five bathrooms, a private office, and even a ballroom designed for entertaining. The estate sits behind a metal fence and is shielded by mature trees and shrubs. Interestingly, it carries two street addresses. On the north side, the home features a driveway and gated pathway; on the south side, a two-car garage and stone staircase lead up to the main entrance.
Luxury broker Joseph Montanaro originally listed the property last year for 4.5 million CAD (approximately $3.3 million USD). By Thursday, workers had placed a large dumpster in the driveway, and a contractor from Modulor was at the home, suggesting that renovations had likely begun.
Trudeau bought the home from Nicolas Ruggieri, who leads the real estate division at Batipart Invest, a Luxembourg-based company that owns a stake in the Montreal developer Cogir. Ruggieri purchased the mansion in 2023 for 5,425,000 CAD from Marc DeSerres, president of the arts-and-crafts store chain DeSerres, and his wife, Céline Blanchet. The property carries estimated annual taxes of just under 38,000 CAD (about 28,000 USD).
Furthermore, Trudeau stepped down as prime minister in March 2025 after serving a decade in office. In his final year, he earned 406,200 CAD (approximately $299,000 USD). In fact, beginning next year, he will receive an annual pension of $141,000 CAD. Plus an additional retirement allowance upon turning 67.
Originally written by Khushali Srivastava on Reality Tea.
