Edgemere Estate, Canada's Most Expensive House
A
reader tipped us to this house a while back and now a Toronto
Star article gives us a few more details on Canada's most expensive house. Edgemere Estate in Oakville is selling
for $45
million Canadian (around $40,643,055 US). The home on Lake Ontario offers 32,000 square feet of space.
The nine bedroom house was originally built in 1907 and also has a two-story guest cottage. Details include a spa area
with sauna and therapy rooms, a 20-seat home theater, a children's playroom and 17 bathrooms. How much will it really sell for? The article points out that last year former Microsoft Canada president Frank Clegg sold his waterfront house for around $25 million (he was asking $29 million) and prices in the millions are getting common in the area. Still at $45 million this might be sitting on the market for a while. After all, Ballymema, which we profiled last year, is still on the market as is another Oakville estate we highlighted which was originally listed at $13.9 million and now sits listed at $12 million.
[Thanks, Sean]
Reader Comments (Page 1 of 1)
Duarte Da Silva May 5th 2006 1:18PM
Did Sean beat me to it? Did he submit this one before me? Dang!
Kevin Moran May 7th 2006 1:02PM
Frank Glegg's estate and Ballymena are one in the same.
John May 8th 2006 3:20PM
My Grandfather worked here. Mr. Ryrie of Ryrie jewellers was original owner, he lost house and fortune in Depression. My Grandfather was his chauffeur before that time.