81 Binscarth Road - ROSEDALE
If you have $8.5 million kicking around with another couple million to do updates and renovations...
Then this house is a great option.
It is a 6 bedroom, 5 bathroom, 6000 square foot house on a 100 x 437 foot lot at 81 Binscarth Road in north Rosedale.
It is located down the street from the Integral House at 194 Roxborough Drive...
That was initially listed at $28,000,000 before the price was dropped 5 months later to $22,900,000.
This house is listed at $8,400,000.
It needs a lot of work (or so it appears as there really are no interior shots)...
But when you consider that the house a few doors over that looked like this in 2009...
When it was listed around $7.5 million and sold for somewhere around $6 million (if memory serves me right) only to have a full renovation to end up looking like this...
Then this doesn't seem like a crazy price.
And it's a LOT cheaper than the ridiculously priced ravine house at 120 Inglewood Drive...
It's not quite as grand, but with a full reno and maybe an addition, this would be an incredible family house.
As the listing says...
The interior is very versatile as it offers many rooms which can accommodate a growing family or a family who has staff.
So, if you are okay with a reno, the possible noise from the DVP, the price (though it's been listed for at least 6 months so they might take a lower price), and the annual $36,000 property taxes...
Then this is a great option in a private location.
Wonder if they would throw in the 7Up and Coca-Cola signs...
