From the outside, 83 Binscarth Rd. looks like the kind of Toronto house you'd expect to cost a small fortune.
After all, it's tucked away on a quiet cul-de-sac in Rosedale, surrounded by estate homes, with six bedrooms, lush gardens, a swimming pool and the sort of backyard that barely feels like it's in Toronto.
But even by Rosedale standards, its current asking price is pretty staggering.

A gas fireplace in the primary bedroom.
The home is now listed for $11,995,000 — more than $9 million above what it last sold for in 2007.

The view from the front entrance.
And while Toronto real estate has certainly become more expensive over the past two decades, the property's listing history makes that jump particularly interesting.

The living room.
According to its sales history, 83 Binscarth Rd. last changed hands for $2.9 million in 2007.

The primary ensuite.
In 2019, when we first covered the house, it was asking $7,495,000.

The family room.
Two years later, the price had climbed again, with the home listed for $8,495,000 in 2021.

The kitchen.
Now, in 2026, it's asking just shy of $12 million.

The dining room.
That's a roughly $9.1-million increase from its last sale price — or more than four times what someone paid for it 19 years ago.

A home office.
Of course, those more recent numbers are asking prices rather than sale prices, and the fact that the house has repeatedly returned to the market suggests buyers haven't necessarily agreed with the owners' increasingly ambitious valuation.

The back porch.
What's especially curious is that, at least from the listings, the house doesn't appear to have undergone some dramatic transformation that would explain the jumps between 2019, 2021 and today.

The living room with a fireplace.
It's essentially the same very lovely, very expensive Rosedale house — just with a substantially higher price tag each time it appears.

Another bedroom or home office.
To be fair, Rosedale prices have generally moved upward since its 2019 listing, when the average house in the neighbourhood was hovering around the $4-million mark.

The converted garge.
Today, houses in the area can easily fetch several million dollars, typically selling somewhere between roughly $2.6 million and $8.42 million.

The second floor landing.
Still, $11,995,000 puts 83 Binscarth Rd. firmly at the upper end of even this extremely wealthy neighbourhood.

A playroom.
So what exactly do you get for almost $12 million?

The home gym.
Quite a bit, unsurprisingly.

A bedroom on the third floor.
The six-bedroom Cape Cod home is sometimes referred to as the "Pyramid House" because it was designed by Studio Pyramid .

The main floor.
Inside, the main floor boasts 10-foot ceilings and plenty of natural light, with generously sized rooms designed to flow into one another for entertaining.

The open-concept eating, living and dining areas.
The family room opens into a large gourmet kitchen with a bistro-style eat-in banquette.

The primary bedroom.
The primary bedroom features double doors leading onto a south-facing treetop deck, along with an ensuite and walk-in closets.

The balcony off the primary bedroom.
But the property's real selling point might be what's outside.

The backyard.
The house looks north onto a park-like setting and south into a canopy of mature trees, giving it a surprisingly secluded, almost country-like feel despite being in the middle of Toronto.

The transformed garage.
The backyard comes complete with landscaped gardens designed by Mark Hartley, as well as a newer pool and spa.

Inside the "enchanting pavilion."
Even the garage has been transformed into what the listing calls an "enchanting pavilion" for hanging out and playing.

The front porch.
And because Binscarth Road ends in a cul-de-sac, the listing is also pitching the street itself as part of the appeal, highlighting the low traffic and ample opportunity for road hockey and basketball.

An outdoor dining area and BBQ area.
There's no denying it's an impressive property in one of Toronto's most prestigious neighbourhoods.

The third-floor landing.
The bigger question is whether someone thinks it's nearly $12-million impressive.

The back of the house.
Because while 83 Binscarth Rd. may have gone up considerably in value since it last sold in 2007, its more recent listing history suggests the sellers have been waiting quite a while for a buyer willing to agree on exactly how much.