Toni Braxton Buys $3 Million Mansion, 6 Months After Bankruptcy

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Toni Braxton is back on her feet financially and according to TMZ, the R&B veteran has just purchased a multi-million dollar home in the same neighborhood as Justin Bieber.

Real estate sources tell TMZ, Toni — whose reality show “Braxton Family Values” is already on its third season — just purchased a mansion for close to $3 million in Calabasas’ exclusive gated community The Oaks … just a few houses down from Justin.

The house is 4 bedrooms, 5 bathrooms, and measures 5,323 sq. ft.

Toni’s real estate purchase has to sting for her old creditors — as we reported, when Braxton filed for bankruptcy in 2010 (for the second time) she claimed debts as high as $50,000,000 … and only ended up repaying a tiny fraction of that before the debts were cleared entirely.

[TMZ]

Toni’s hit reality series Braxton Family Values is nearing the end of it’s third season. She will be releasing her anticipated duets album Love, Marriage & Divorce with Babyface on February 4, and the duo will be guest starring in the hit Broadway musical After Midnight this spring.

Congrats to Toni!

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