PRICE DROP - 287 Forest Hill Road - FOREST HILL
This is Michael Wekerle's house.
If you don't know who he is, he is one of 'the Dragons' on the CBC show, Dragon's Den...
He made a ton of money in finance (you can read more about that here).
And he is the guy that bought the El Macombo...
The infamous bar that used to be owned by Abbas Peter Jahangiri, the man who used to live at 220 Dunn Avenue...
The house with all the cameras.
Wekerle is also an investor in the Wahlburgers chain....
As in Donnie and Mark Wahlberg...
(who may or may not have a condo in Yorkville)
Here is a photo of Wekerle with Mark Wahlberg and Tie Domi...
I could go on but we are talking about the house.
This is a 6 bedroom, 9 bathroom house on a 70 x 351 foot lot with 4 garage parking spots and 5 other parking spots.
It's a large house, but it feels empty as though no one is living there...
Which may be the case since this house has been listed since at least 2012.
This past February, it was listed at $10,865,000...
The same price it was listed at until just last week (if memory serves me right).
As of 2 days ago, the price has been dropped...
To $9,880,000.
Aaaaannnnnd the next drop will be $8,888,888.88.
P.S. Happy Birthday to Andy Warhol...
NOTE: Thanks to the reader below for pointing out the
Toronto Life article on Wekerle. It's worth a read.
