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PRICE INCREASE - 124 Park Road - ROSEDALE, TORONTO (1 Comment)

PRICE INCREASE - 124 Park Road - ROSEDALE, TORONTO (1 Comment)

In March, I posted this 5 bedroom, 9 bathroom house with a 3 car garage at 124 Park Road in south Rosedale.

It was a house called Caverhill that was built in 1855. It was apparently the second home built in Rosedale and was owned by the Thompson family before being abandoned until the current owners bought it and brought it fully up-to-date.

The owner, David Berry, told Toronto Life in this 2008 article, that he and his wife bought the house for $5,460,000 in 2002.  In the article, he said...

“Just last year, I had someone knock on our door and put in an offer to buy the place for $15 million,” Berry says. “Steve Stavro and Gerry Schwartz might have spent that kind of money on their places, but I didn’t.”

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Buuut…

Eight years later in 2016, it was on the market for

$17,700,000.

In March 2018, it was back on the market for…

$18,800,000.

It hasn’t sold and as of today, the price has increased to…

$22,800,000.

A $4 million increase.

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337 Shaw Street - LITTLE ITALY, TORONTO (8 Comments)

337 Shaw Street - LITTLE ITALY, TORONTO (8 Comments)

123 South Drive - ROSEDALE, TORONTO (4 Comments)

123 South Drive - ROSEDALE, TORONTO (4 Comments)