Canadian Consulate sells Buffalo home for $750K

May 14, 2013 Updated May 14, 2013 at 8:02 AM EDT

By James Fink, Buffalo Business First

...

Canadian Consulate sells Buffalo home for $750K

May 14, 2013 Updated May 14, 2013 at 8:02 AM EDT

The Canadian Consulate has sold the fifth house it owned in the city of Buffalo, with a local couple buying the century-old, Soldier's Place residence.

According to documents filed in the Erie County Clerk's Office, Stephen and Elizabeth Hays bought the 5,000-square-foot house from the Canadian Consulate with the official seller listed as "Her Majesty, the Queen in the Right of Canada." The couple paid $750,000 for the house the Canadians paid $1.39 million for in 2009. The consulate also invested an estimated $200,000 in renovations for the house.

The deal is one of five in Buffalo that the Canadian Consulate has closed on since it shut down its 25,000-square-foot, 75-person office in downtown Buffalo's One HSBC Center last summer. The bulk of the Canadian Consulate operations were shifted to New York City, although it maintains a two-person office in Buffalo.

Besides selling the Soldier's Place residence, other homes sold by the Canadian Consulate in recent months include:

• A house at 155 Nottingham Terrace, that went for $530,000. That deal closed in October.

• A private residence at 205 Cleveland Ave,, that closed in Novemnber, and sold for $310,000.

• Two Waterfront Village townhouses, one at 255 Lakefront Boulevard that sold for $272,000 and closed in December, and another in the Portside complex, that closed in March, and sold for $360,000.

The consulate is in the process of selling two other residences it owns in Amherst.