THE BRIDLE PATH

 

 


 

 

 

 


Pop star Prince and wife pay $5.5M for Toronto pad
 

No word yet on whether Prince has moved into the $5.5-million home on The Bridle Path, one of Toronto's most expensive neighbourhoods

TORONTO - It will be the house with the little red Corvette parked in front.

Real estate sources say pop star Prince has bought a $5.5-million house on The Bridle Path, home to Toronto's most expensive properties.

The city's land registry office shows 61 The Bridle Path sold for $5.5-million in early October (2002). The seller is listed as Sandra Gertner, the buyer as Gamillah Holdings Inc.

The president of Gamillah Holdings is listed as Manuela Testolini, a 25-year-old Torontonian whom Prince is reported to have married on New Year's Eve in Hawaii.

Ms. Testolini has worked at Prince's Paisley Park Studios in Minnesota, his home state.

Prince was also spotted recently at a Toronto Raptors game with a mystery woman thought to be Ms. Testolini.

The 43-year-old Prince used to be married to backup dancer Mayte Garcia. At the time of his marriage to Ms. Garcia in 1996, Prince was known as the "Artist formerly known as Prince." The pair had a son but he died one week after birth because of a a fatal skull condition.

The two divorced in 2000 and Ms. Garcia has since been linked with Motley CrŸe drummer Tommy Lee, ex-husband of Canadian actor Pamela Anderson.

Born Prince Roger Nelson, the artist has sold more than 100 million records, but is known as much for his eccentricities as anything else. In addition to giving up his name, he once demanded to be referred to by a symbol. He is legendary for his squabbles with record companies.


There's no word yet on whether Prince and his new bride have taken up residence at their Toronto mansion, although it does appear there is renovation work going on.   Gamillah Holdings started making payments on a $4.125-million mortgage on Jan. 1, 2002, after dropping a $1.375-million down payment.

The property was put on the market in September by Ms. Gertner and her husband, Kenneth, former president of the now defunct Carousel Holidays Ltd.   Ms. Gertner also agreed to take the mortgage on the property at a rate of 8%, substantially higher than the 6.85% banks currently charge on a standard five-year mortgage.

The Gertners were unavailable for comment. Prince also could not be reached for comment.  - by Garry Marr    National Post     7 March 2002

 


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