Bankrupt Billionaire Business Owner’s ABANDONED $9,000,000 1980’s Dream Estate

[@angelarowe3472]

Ethan it’s hard for me to comprehend the dynamics of how this individual was a billionaire and wasn’t able to pay these homes off and lose them to the bank and then went bankruptcy. I don’t understand how you can lose that much money in just a couple years but that’s just me. 😮😊

[@emmacc74]

Not always but sometimes people.put houses as assets for their business, so when the business goes, so do the houses x

[@waynesummey5051]

Went from moving vast amounts of inventory; to everyone realizing the covid molecule did not stick to hard surfaces for 3 days. All sudden this business stuck with warehouses full of product. Person here heavily invested in future profit. No velocity of revenue moving. Oops. I own all this alcohol and it's burning my portfolio.

[@sueking7292]

I am in love with this house!!! My tastes range from 70’s through 90’s and I wish these houses were maintained and resold!!! Seems like such a waste of

[@SallyEgannbehe]

Of course you have to "what's up guys" when passing mirrors. Love that you do that. Same with the "peace" at the end.

[@floriebrown2089]

The Blond wood is Maple, when I worked for a furniture company their timber were sourced from Belgium the wood originated from Canada. There's iron in the water hard water creates white deposits calcium deposit. Very nice house I like the pink in the bathroom and pink inside closet. At the second house I like the little benches at the edge of the decking and the mural over the front door. A great piece of land attached to it. Thanks for this great video Ethan.

[@davidcesefske4417]

I love both houses, of course the first one is sweet but that second house was a beauty back in the day!

[@marac5775]

That house price is unreal !!! I would never pay 9 millions for that house

[@elizabethgracia6411]

You aren’t paying for the house. You are paying for the land. If the man owns 20 acres, that’s what you would be paying for.

[@patriciafredrich5128]

It's so sad these house get torn down and we have so many people who have no homes. Thank you for bringing us along on your adventures. You are awesome.

[@kateschroth3304]

I agree 💯

[@michaelanderson2886]

My God I love the skylights in that house and all that positive pure natural light. Beautiful 80’s home. Love that staircase and overall layout. As for the last place, I always dreamed of having an indoor pool but I know they cause horrible moisture and mold problems.

[@autistic-lutheran-carnivore]

I like your Canadian accent. "Ouut." :)

[@angiewilliamson5484]

Hoouse

[@carlashepherd9362]

Cool video as usual Ethan! ❤️👍🤘

[@Gsdmom]

And there's that random chair in the kitchen of the first house!! 😊

[@terriblue68]

Your comments cracked me up. the dirty light switches, 80's this, 80's that. Good job. I really enjoyed this tour. And you are bang on with having it all one day, SPOOF, gone the next. Material stuff really means nothing at the end of the day. You sure can't take any of it with you ! Keep up the great work - and hilarious comments ! LOL

[@ethanminnie]

i appreciate it thank you!

[@mikeluongo537]

Great une Ethan. Nice to be back...And life gets in the way, sometimes

[@andyjinkerson967]

The fireplace in the center of the room is awesome. Never seen that.

[@marneshiagilbert7860]

This property is huge you can build any thing you want on this property i like the first house better than the second house the second house was a little Bored but it wasn’t bad

[@TrashorTreasure-ie3sz]

Hi Ethan!❤

[@ellennewth6305]

The first house with that enormous bathroom, pink tub and stained glass windows was AMAZING! Loved all the space in the kitchen, too! It must have been beautiful back in the day. The indoor pool in the second house was huge. Gross ... but huge! You can tell no one was actually living in it. Both places had AWESOME yards!!!

[@chillysnowgirl8322]

The first is my fave. I loved both kitchens in there (put me on team light coloured wood for life 🥰) but i've got a hunch that the entire floorploorplan of the house on the left side was completely changed (as well as the basement) possibly sometime in the 90s. My guess is the original house probably had the stairwell to the left as you walked inside, and then maybe 2 small bedrooms, with the master at the back. That tub and sink were so pretty! I'm shocked at how bad the hard water stains were though (vinegar is a cheap fix). You went through house 2 so fast, but you're right that it wasn't the main feature in this video (i really liked the tub and painting over the front door though). Thanks for another great video & stay safe! 😊

[@margaretyoder4019]

Great video. So sad to be torn down. I liked the first house

[@kimcudmore6068]

I must say that when I see a mirror in your videos I always wait for that camera flip and "What's up guys" wave. ❤ Love it! Thank you for sharing another fantastic video with us. Well done!

[@sandir9705]

I love the fireplace and cabinetry in the first house. Would love to live in a house like that

[@andyjinkerson967]

The front of the house looks better than the inside.

[@debbiejett7317]

Beautiful houses at one time. Gorgeous acreage! Thanks Ethan ❤

[@stephanieellison8913]

These two houses will be knocked down and they will build on the property is it’s lots of land

[@fawnfredenburg5361]

Hello Ethan 👋I’m this great video now and thank you for sharing 👍❤️😎

[@LA_Mom_2023]

There's an entire house in the basement!!!

[@clairefunnell8481]

Nice. Pity. Another house going down. Did like the basement kitchen and the stairs. Very nice. ❤❤❤❤❤❤❤❤❤

[@BrendaBlystone-ur6fy]

Yes it sad when they get torn down amazing video Ethan

[@fawnfredenburg5361]

Nice tour of the place Ethan and I’m enjoying this video 😁The house is amazing 👍❤️😎

[@marigold7596]

I liked the layout of the first house and the tile in the bathroom above the tub. Second house, not a fan of that open concept. The trees surrounding the property were nice. Hope they all aren't torn down. Another great video😊 thank you for sharing Ethan 😊 I am curious about the basements... do most of the houses in Canada have big basements?? Or is it a location thing?? I've never seen so many houses with basements. 🤔

[@tracyreis5438]

I wonder who pays the electric bill for these abandoned homes.

[@chillysnowgirl8322]

Ethan literally answers your question when he's in the basement of the first house. 🙃

[@barbaraross1127]

I personally liked both houses. Thanks for letting us go along on your adventure.

[@elizabethgracia6411]

May I say If I had money I would buy that house. I would repair what ever is needed. Love the layout and the dated appliances. It is truly sad that the owner had to go bankrupt. If there is one thing I would say it would be NEVER put your house as collateral for a business. If you lose the business you end up losing your house. I hope that he is doing good in his country.

[@elizabethgracia6411]

Oh by the way it’s the 2nd one that I Loved.

[@malkakossoy3747]

In my honest opinion, i actually liked the kitchen in the second house. The painting over the door was gorgeous and while the indoor pool when seen looked aweful, i think it was a place to maybe relax in between meetings. The other house i loved the bay windows. The first house felt too big to me. I liked the l shape kitchen in the second house. Seemed brighter to me. May have also been a guest house. A two for the price of one. Thanks Ethan! See you on the next one!

[@richard-jdesjardins1343]

Reminds me of this family in Qc. who won like $18 million about 30 years ago & went crazy,,, after a couple of years were totally broke . As for the fenced area , it could have been a garden before , weeds take over really fast if it's not maintained . Lobe the fireplace & hate drop ceilings with a passion . Thanks , well done ! 😎

[@Jacqueline-h3i]

I liked both the first one was my favorite ❤

[@angeladelia7472]

I love that no matter if it's Canada, Australia or the States, the basement kitchen means they were Italian 😊

[@marthamitchell9452]

A lot of homes have the bathroom and laundry room in the same room. If you’re lucky there’s enough room for a wall and door but a lot of times there isn’t. I’d rather have them share a room than not have room for both. I guess it depends on where you grew up and how big of a house you had.

[@dawnpinto9286]

They’re both beautiful but I would definitely take the one with the pool in a heartbeat! Great explore, Ethan!

[@Jacqueline-h3i]

The sculpture looks like Venus and Cupid 💘

[@jamesoncross7494]

Beautiful property. A lot of nice plantings. Very big house.

[@juliejackson962]

Hey Ethan..cool video as always ..unbelievable amount of land ...1st house was huge ,odd shape rooms tho..coca cola room was different 👍..2nd house other than the pool ,was rough ...thanks fir the tour Ethan...stay safe well and happy 💋

[@RebeccaBaker-og9yd]

Agree, great video!😢😮😅😊

[@cherryspiker4426]

I like the first one . but you ran threw the 2nd one . I like when you add them together. ❤❤ stay safe love ya

[@tamiimbery5579]

You should have tried to ring the doorbell. That thing was huge.

[@erinames7783]

if a developer bought both and they are 15 acres each they can build a whole subdivision there

[@anthonyfeeney1210]

Have a good day 🍺

[@brucebeamon5460]

I SERIOUSLY DOUBT either of these houses belonged to ANY BILLIONAIRE at the time they living in them and went bankrupt and weren’t able to pay these places off 😒

[@ethanminnie]

your doubt would be incorrect.

[@cynthialahti-wong1800]

That guy was so noisy!! Grrrrrrr....usually the guys you're with are at least somewhat considerate. Nice house and too bad it's going away!! Thx Ethan, beautiful places!

[@andyjinkerson967]

The list completed basement.

[@rachelgervais1971]

Beautiful homes sure is sad to see these Beauties get torn down

[@Katsfolly]

I have a kitchen in my basement, I am not Italian. We do a lot of pickling and canning and I don’t want to mess up my upstairs kitchen.

[@MarthaJOHNSON-iu4wk]

Nice house 🏡

[@bridgetraveler7700]

I was about to say why the power is still on because the developer doesn't want the basement to flood and cause a huge black mold problem that's why they keep the power on to prevent bigger issues from arising.

[@user-pd8rl9dh3m]

If there were a large TV stand in that living room built-in maybe 75" or more TV, than that built-in wouldn't look so out of place. Maybe?😉

[@longnlean34]

Another great homes tour. All I can say is they spent too much, to get a whole lot of nothing.

[@mimzyc9949]

Property is amazing. I’m sure the houses were nice when they were first built. Both of them had some strange features that must have been added later. I don’t think either are worth saving. I hope the property won’t be used for warehouses or industry though.

[@RedRockCowboyChurch]

Its funny how he is paranoid about locking the door. My parents never locked their doors even when they werent home.

[@chriscoleman6956]

It is so sad that they lost their beautiful house

[@astrologyfirst4376]

Mosquito 🦟 bites and hiccups Ethan?? So funny how you’re so descriptive of your travails 😋😊 I love going in these explorations with you. Your passion for nostalgia is so you and fun. Wish I could be with you finding these cool houses. Yeah but 9 million for this one?? I think way overpriced. Your awesome Ethan and thanks for your fun tours 😊

[@AlfTanneroid]

preempt wipes are still very much in business- which begs the question.....why did they abandon the place??

[@mikemiller5281]

Both houses are nice 😊

[@mikeluongo537]

Thanks for the thumbs up, Dude!!!

[@LarryKaiser-x3c]

Rally cool fist house,what a shame the water's bad! there is only so much treatment that can be done!! too bad

[@g.n.6471]

I have those Preempt wipes at my work.

[@karensharpe9949]

Love the pool!

[@MarthaJOHNSON-iu4wk]

Great video

[@nancyison7481]

Front door is very pretty. That’s gross when there is nasty yuck around the light switches

[@adrianag.thomazzi1229]

Dói o coração pensar que será demolida 😢, a casa subterrânea " é impressionante. Parabéns Ethan

[@justbarry587]

Love your stuff

[@terriblue68]

That 2nd house was not attractive at all. just so mismatched everywhere. what a weird setup - compared to the home next door (1st house). That land will likely be redeveloped intomixed housing? townhomes, single family homes. Depending where this is too, but yeah, shortage of affordable housing, but I doubt it would be affordable to those in need of a roof over their heads. Thank you again! Safe touring!!

[@davidandrews9670]

that building the “hanger” is a quonset hut! from WWII or Korean war time.

[@MrGaryRoberton]

As always they fell victim to the changing fortunes of fate. The property developers will no doubt, install a condo complex with a courtyard, and common parking near the roadway. the cost return will be 12 times the outlay, and so on. At least, we got to view it, thanks ,Ethan.

[@justbarry587]

Hi from Massachusetts Ethan

[@patriciafredrich5128]

I'm in Massachusetts too.

[@NecroAbsu]

@@patriciafredrich5128 me, too!

[@LilacDreams68]

I don’t think it’s been empty long. Was being renovated and owner apparently ran out of money. Appliances in upstairs kitchen are new. Probably listed for sale not per se abandoned property.

[@Mszahnclass95]

Ethan the bathroom definitely screams the 80s it looks like something out of Miami vice the purple and the pink tub an the sink the house is kind of mixed matched it looks like they start a project and then they stopped and they start a project and then they stopped like each different era

[@bigfoot13s80]

This house is as old as I am lol

[@allysonfuller255]

Wat was the surprise at the end u kept talking about?...the pool

[@kateschroth3304]

The other people that are with you are too loud and they are distracting your vlog

[@Disneynurse32]

Gorgeous house but how sad that as those of us in healthcare needed wipes and disinfectant, cases of it is just rotting away.

[@marlenefannin6913]

Fenced off to keep animals from eating the garden.

[@braydencordrey8544]

Handsome as always

[@MichaeldeLancellotti]

Ethan, I've never seen a video of yours that I didn't enjoy.

[@ethanminnie]

thank you!

[@Mszahnclass95]

While Ethan this looks like amazing abandoned house that you found let's get into this shall we ❤❤

[@jkmarshall3553]

Indoor pools... I guess I'll never understand the desire of one of these things. To me they're just tacky and uninviting and do no suggest $$$ at all.

[@marthamitchell9452]

If you need to do your exercises in water they are useful, but an endless pool wouldn’t take up nearly as much room. You swim against an artificial current that you can adjust the strength of.

[@virginiacooper1929]

mold and mildew growers

[@brettcrawford8878]

Basement panel ceiling is possibly made of stuff that was outlawed in USA probably around 79 to 81 because possibly it causes mesothelioma or lung cancer. Is soft to touch if it is that stuff. Likely meaning anyone demolishing the place will catch a bad case of death unless they are wearing specialist breathing gear and hazmat suites. If so the ceiling panels should be removed by hand and carefully wrapped and disposed of. However demolition people will likely prefer to fatally contaminate themselves and the public by smashing it up with machinery to fatally contaminate as many people as possible when the open top quarry truck drives through suburbia putting mega trillions of asbestos fibers into the air to lethaly contaminate everyone. 😊

[@NecroAbsu]

I hear a catbird at 39:45!

[@candymoore-i3o]

Is this house for sale?

[@mikeluongo537]

All brick, got to be Italians...esp with Xmas lights

[@helenmarychurch7936]

Hey Ethan you looked very distracted in your intro hope your doing okay

[@valeriefox3118]

Not good listening to you while someone is talking in the background.

[@helenr991]

Hi Ethan

[@waynesummey5051]

Toronto accent ,,,,, EH?!😊

[@ethanminnie]

yessir lol

[@robertcable6348]

Quonset hut.

[@wandawood6154]

❤hi

[@clubgus07]

oh god, so let me get this strait they chose the shitty house to live in and have the good house as warehouse sales gee wiz what people do to sacrifice. now a toilet in the laundry I have now seen it all maybe they crap the dacks allot and so the washer next to the toilet for those craptacular disasters. the pool was meh

[@marthamitchell9452]

Toilets in laundry rooms aren’t all that unusual. Lots of laundry rooms also serve as a second bathroom, with or without a shower. In some homes the bathroom doubles as a laundry room, usually with a stacked washer and dryer. Not everyone has the luxury of multiple rooms for those things.

[@clubgus07]

@@marthamitchell9452 I was going on Ethan's surprise on seeing a strange design for this house. Yes, i have seen the toilet room being separated from the laundry by a door and instead of a washbasin Vanity they wash their hands in the Laundry sink I understand this 1990s design. but to have the toilet in a open space. i have stayed at holiday places where the laundry unit like at your typical Wyndham Worldmark apartments it is part of the bathroom but its placed in the cupboard where its isolated from the rest of the bathroom. i might have been harsh I understand that waterproofing and the nearest copper pipes and drainage are important to keep costs down but not in this large mansion-like house I found it weird that they would be cost-cutting in this design.

[@nanette_128]

[@susanmitchell9257]

Looks like there in the middle of nowhere 👏🏻👏🏻👏🏻👏🏻🫶

[@YOUARESOFT.]

1.3 mill tops...

[@ethanminnie]

no. do a quick google search on redevelopment land in the GTA (greater toronto area) and then come back and check in with me here.