This Toronto house doubled in price since it was last on the market

Toronto real estate has seen its fair share of dramatic price increases over the years, but not every multimillion-dollar jump is the result of a particularly hot housing market.

Sometimes, it's because the house itself has undergone a pretty spectacular transformation.

And that's certainly the case with 1 Bryce Ave.

A view into the wood panelled family room. 

The Toronto home last sold in 2020 for $3,895,000, but six years and one massive renovation later, it's back on the market with a considerably heftier price tag.

The dining room and living room. 

The house is currently listed for $6,850,000, nearly $3 million more than its previous selling price.

A desk area on the third floor. 

And that's actually after a price reduction. The property originally hit the market asking $6,950,000 before the sellers knocked $100,000 off the price.

The foyer. 

Of course, when you're shopping for a house that costs almost $7 million, a $100,000 discount probably isn't going to make or break the deal.

A home office. 

But to be fair, this isn't exactly the same house that sold back in 2020.

The living room. 

Since changing hands, 1 Bryce Ave. has been expanded and completely rebuilt from the studs out, transforming it into a luxurious residence that blends its original architectural character with all the bells and whistles you'd expect from a multimillion-dollar home.

A built-in nook in the kitchen. 

And while some renovations can leave older homes looking like soulless white boxes, this one has managed to retain plenty of warmth and personality.

The second floor landing. 

From the outside, the house has a timeless elegance that feels right at home on its quiet, tree-lined street.

The primary ensuite. 

But step inside, and it's clear that no expense has been spared on the renovation.

The foyer. 

The main floor is filled with beautiful architectural details, from intricate millwork and coffered ceilings to wainscotting, designer lighting and rich wood finishes.

The living room with a fireplace. 

The living room is bright and inviting, with a fireplace and direct access to an outdoor deck.

The dining room. 

Next door, the formal dining room features elegant wainscoting and pocket doors, making it feel like the kind of space where you could host a very fancy dinner party. And given the price tag, you'd probably want to break out the good china.

The kitchen. 

The dining room flows into the kitchen, which has been outfitted with custom cabinetry, high-end Miele appliances and a generous central island.

The kitchen. 

It's the kind of kitchen that's clearly designed for people who love to entertain, although it would also be a pretty nice place to eat cereal in your pyjamas.

A home office. 

Elsewhere on the main floor, there's a dedicated office with wall-to-wall windows that flood the space with natural light.

The family room. 

But perhaps one of the most inviting rooms in the entire house is the family room. Wrapped in rich custom wood panelling and anchored by a fireplace, it feels considerably cozier than your typical ultra-modern luxury home.

The primary bedroom. 

Upstairs, the primary bedroom is exactly what you'd expect from a home of this price.

The primary ensuite. 

There's a spacious walk-in closet and a spa-inspired ensuite bathroom.

The additional second-floor bedroom. 

The second bedroom also has its own ensuite, while another bright office with built-in cabinetry and wall-to-wall windows offers a flexible space for working from home or curling up with a book.

The third-floor bedroom with a balcony. 

If that's not enough room, the third floor has two additional bedrooms illuminated by a striking skylight.

The sauna. 

But the luxury isn't limited to the above-ground floors. Downstairs, the finished basement has been transformed into something of a private wellness retreat.

The home gym. 

There's a professional-grade gym, a sauna and a temperature-controlled wine cellar, meaning you can work out, relax and reward yourself with a nice glass of wine without ever leaving the house.

The driveway and garage. 

Even the garage has received the luxury treatment, with custom shelving and organizational systems designed to keep everything looking immaculate.

The main floor. 

And while these might not be the most glamorous features in a nearly $7-million home, they're the kinds of thoughtful details that make a property feel genuinely well designed.

Another third-floor bedroom. 

Of course, the big question is whether all that work justifies the nearly $3-million increase in asking price.

A room in the basement. 

The renovation was clearly extensive, and rebuilding a home from the studs out certainly doesn't come cheap. 

The butler's pantry. 

But the Toronto real estate market in 2026 is also a very different beast from the one buyers were dealing with in 2020.

The second-floor bedroom ensuite bathroom. 

With the property already seeing a $100,000 price reduction, it remains to be seen whether buyers are willing to pay the premium for all those upgrades.

The powder room. 

Still, there's no denying that 1 Bryce Ave. has come a long way since its last sale.

The backyard and back deck. 

Whether that transformation translates into an equally impressive selling price is another matter entirely.