Inside Sofia Vergara and Joe Manganiello's Luxurious Real Estate Portfolio | Canada News Media
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Inside Sofia Vergara and Joe Manganiello’s Luxurious Real Estate Portfolio

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Sofia Vergara and Joe Manganiello have owned multiple properties during their seven years of marriage — including two in Beverly Hills and one in a secret tropical location.


Now that the couple have split, their assets will be divided in accordance with their prenuptial agreement, per documents obtained by PEOPLE. The Magic Mike star, 46, filed for divorce on Monday, citing irreconcilable differences.


Here’s everything to know about the places Vergara and Manganiello have called home.




Beverly Hills Mansion

Sofia Vergara and Joe Manganiello listed this Beverly Hills home for sale in June.
Ryan Lahiff

 

The couple recently re-listed a seven-bedroom, 11-bathroom mansion for sale. They originally put it on the market in July 2022 for nearly $20 million, but later removed the listing. They tried for a sale again in June 2023, asking $18 million this time. The listing is still active.


The home’s lower level features a bar with a wine cellar and tasting room.
Sotheby’s International Realty

 

The Italian-inspired home, which features a theater, full-size gym, chef’s kitchen, and wine cellar, occupies more than half an acre. The Modern Family actress, 51, purchased the property in 2014 for $10.6 million, before she married Manganiello the following year.


According Variety‘s Dirt, the Colombian star worked with interior designer Jennifer Bevan to add Italian villa-inspired touches to the home, which was built in 2006.


However the property seemingly hasn’t been the couple’s primary residence for some time.




Beverly Park Mansion




In 2020, Vergara and Manganiello purchased a new home for more than $25 million in Beverly Park, a gated community in Beverly Hills, according to several outlets.


Sofia has shared some photos and videos of the property on Instagram, including the peaceful nighttime view of the palm-filled backyard, pool and pool house, above, which she posted in May 2023.


Island Vacation Home




While Vergara has managed to keep its location a secret, the actress also has a home in a beautiful beachy destination that she calls “Casa Chipi Chipi.”


The tropical, waterfront getaway has been the site of birthday festivities and romantic date nights for Vergara and Manganiello.




“Feliz cumpleaños mi amor❤️🙏🏼 its going to be an amazing 2023 for you,” Vergara wrote alongside a photo of Manganiello sitting by the ocean, shared for his 46th birthday in December 2022.




She’s also welcomed her Modern Family co-stars, such as Jesse Tyler Ferguson, and his husband, Justin Mikita, to Casa Chipi Chipi.

 

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Mortgage rule changes will help spark demand, but supply is ‘core’ issue: economist

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TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.

The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.

The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.

CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.

However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.

Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.

This report by The Canadian Press was first published Sept. 17,2024.

The Canadian Press. All rights reserved.

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National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

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OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.

The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.

On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.

CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”

The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.

The number of newly listed properties was up 1.1 per cent month-over-month.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

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Two Quebec real estate brokers suspended for using fake bids to drive up prices

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MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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