Beautiful modern home in Toronto won't sell even though the price keeps changing
This three-storey home overlooking Grenadier Pond was originally built in the 1950s.
The current owner bought it back in 2015 and hired Graham Smith, of Altius Architecture Inc., to give it a contemporary overhaul in design.
The revamp included a complete interior and exterior refresh, new skylights, heated driveways and floors, and a room just for a motorcycle collection.
The living room with a double sided fireplace.
It truly is a stunning modern four-bedroom, four-bathroom home with lots of natural light, a big open-concept layout and private panoramic views of the pond.
An aerial shot of the house and the pond behind.
But despite all the positive attributes, the owner has yet to find a buyer for the home.
The modern kitchen.
Looking at the buy and sell history of 25 Ellis Park Rd. they've been trying to sell or lease it on and off since 2018.
A bedroom.
The home in 2018 was originally listed for $5,500,000 and was concurrently being offered to be leased for $19,000 a month.
An office.
After an unsuccessful year of listing the house at $5.5 million, they relisted it in April 2019 for $4,895,000, based on an agent's recommendation.
The primary bathroom.
blogTO actually featured the home back in April 2019.
The dining area with sweeping views of the trees.
In September 2019, the home was eventually leased for $9,800 a month.
The primary bedroom with a walk-out balcony.
And it was successfully occupied for over two years.
There are three tiers to this home.
This increased attention had yet to lead to a firm sale, however.
On the ground floor of the home is a self-contained two-bedroom suite with its own kitchen, family room and laundry.
Now, in 2022 25 Ellis Park Rd., for the first time since 2019, has been listed for $5,740,000.
The open-concept living room and dining room.
An interesting strategy considering the real estate market is tanking and the home didn't sell at lower price points during a much hotter housing market.
Custom European doors and windows let in tons of natural light to the home.
Either way, I'm waiting with bated breath to see if the home does indeed sell this year or if a sold sign will remain forever elusive for 25 Ellis Park Rd.
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