The Times has reported that the Canadian High Commission in Grosvenor Square has been put for sale. MacDonald House - an eight-storey mansion occupying numbers 1-3 Grosvenor Square - is expected to reach £300million on the open market, with the eventual new owners likely to turn the prestigious address into a hotel or serviced apartments, according to speculation.
A Brief History of MacDonald House
In 1936, the previous building that occupied the space was knocked down as part of the Square's ongoing development by the Duke of Westminster, and a new building was put up, becoming 1-3 Grosvenor Square.
From 1938 onwards, part of the building was the original Mayfair home to the US Embassy, but the Americans' requirements outgrew the building and they moved into their purpose built Embassy in 1960, which takes up the entire western side of Grosvenor Square.
Soon after they left, the Canadian High Commission took up residence there and it's been in there hands ever since. The Canadians are now looking to move the closer to Trafalgar Square.