2 Castle Frank Road - ROSEDALE, TORONTO
Years ago, I posted this 7 bedroom, 9 bathroom house on a 75 x 194 foot lot at 2 Castle Frank Road in South Rosedale in Toronto.
At the time, it looked like this…
I loved the house but not the white paint on the outside.
It was on the market for $5,995,000 after an initial price of $7,500,000 in 2010 and then a price drop to $6,995,000. After 2 years on the market, it finally sold for $6,600,000.
Four years after that, it was back on the market for $6,750,000. It sold for $6,225,000.
Since then, they did some work to the house such as getting rid of the white paint on the outside, redoing the kitchen, and adding some landscaping and an outdoor fireplace in the backyard. Other than that, there aren’t a lot of photos to see what else they did.
So, if you were going to assume this house has gone up a compounded 6% per year since 2016, the asking price NOT counting the updates would be approximately…
$9,900,000.
This house is now on the market…
For $16,595,000.
Stripping that exterior paint must have been REALLY expensive.
