Toronto Condos

Information and News on Toronto Condos to Buy or Rent.

Toronto $15.8 Million Dollar Mansion

Posted by torontocondo on July 13, 2007

Toronto Mansion

Toronto Forest Hill home sells for $15.8 million believed to be a new record selling price for a residential property in Toronto.

Situated on Dunvegan Rd, this home boasts eight bedrooms, 13 washrooms and an indoor six-car garage. It was the former home of George Eaton, founder of the Eaton’s department store chain.

With the new proposed unpopular Toronto City land transfer tax, the new buyers would have had to pay an extra $312,000 after Jan1/08 

This sale shows the current strength in the Toronto Real Estate market and we will continue to watch for new records in the Toronto home and condo market.

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