Wednesday, July 11, 2007

Forest Hill home with two wine cellars may be most expensive piece of toronto residential property

In what is believed to be a record selling price for a residential property in Toronto, an opulent Forest Hill mansion has been purchased for $15.8 million.
The 16,000 square foot Dunvegan Rd. home has eight bedrooms, 13 washrooms and an indoor six-car garage. The sale of the home in one of the city's toniest neighbourhoods demonstrates the strength of the luxury home market in Toronto, fuelled by stellar returns on Bay Street as the Toronto Stock Exchange hits record levels.

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