House of the week: 16 Glen Edyth Place
If you want to see what $17.5 million looks like in the Toronto housing market, look no further than 16 Glen Edyth Place. The lavish property near Casa Loma, is over 5,000 square feet, boasting five bedrooms, 11 bathrooms, and a front foyer than could double as a ballroom.
The owner is David Daniels of the Daniels Corporation, one of the most prominent developers in the city. The 1930s era home has undergone extensive renovations to restore original features like the staircase and to make it more energy efficient.
The quiet cul-de-sac is different from other elite neighbourhoods like the flashy Yorkville or Bridle Path. Many of Toronto's rich and famous live comfortably here and go relatively unnoticed.
The very wealthy buyer. This luxury mini mansion will appeal to bankers and real estate types or perhaps a celebrity who has $17.5 million to spend. Maybe Drake wants to invest in another Toronto property?
MOVE ON IF
You need an indoor swimming pool. Sadly, this house is quite tame in terms of opulent Versailles-esque amenities. Throw in a moat, a putting green, or a custom Ferrari playroom and I'm sold.
Will it sell for close to asking? Have your say in the comments.
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