26 Castle Frank Crescent, Toronto
Asking price: $3.1-million (April 2020)
Previous asking prices: $3.4-million (Feb. 2020); $3,248,000 (April 2019); $3,288,000 (March 2019)
Selling price: $3.1-million
Previous selling price: $1,225,000 (2005)
Taxes: $12,514 (2019)
Days on the market: Six
Listing agents: Richard Silver and Jim Burtnick, Sotheby’s International Realty Canada
This side split residence with a built-in garage is set on a 60-foot-by-135-foot lot in a secluded slice of Rosedale south of Bloor Street East. A low-ball offer was rejected in the spring of 2019 and it was taken off the market in late May. But, as property values rose, it was brought back to market in February priced at $3.4-million. The timing unfortunately coincided with the arrival of the COVID-19 pandemic, and a decision was made to cut the asking price to $3.1-million in late April.
“It’s very different from other properties on a street that has four- and five-bedroom houses,” said agent Richard Silver. “This is really a two or three-bedroom house.
“There was a lot of activity, then all of a sudden COVID hit. So I reduced it to $3.1-million and got three offers all at once.”
What they got
This 3,479 square-foot house spans four levels, with two bedrooms on the upper level and two recreation areas in the basement.
Large entertaining spaces with fireplaces are located on the main and lower levels. There’s a third bedroom in the lower level and access to a back garden with a koi pond, patio and raised deck off the kitchen and dining room.
The agent’s take
“It was a wonderful house because it was built in 1955,” Mr. Silver said. “And it’s a side split – and there are only two in the Rosedale area.
“It’s a nice, wide house and the lot has 60-foot frontage.”
“It’s an interesting street because Prime Minister Arthur Meighen had his house on this street … so it has a historical context to it,” Mr. Silver said.
“It’s a dead-end street, and [residents] all know each other, all look after each other and all party together.”
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