Why settle for a multi-million dollar penthouse when you could get this stately Rosedale home for $9 million? This house spreads across two lots - a rarity in this pricey neighbourhood - and the building's heritage makes it that much more appealing.

Built in 1907 by one of Rosedale's early developers, Edgar John Jarvis, this home became his third Rosedale residence, modest in comparison to his first two. It was designed by his son, Toronto architect Beaumont Jarvis, and was completely restored in 2006, offering a modernized canvas for the next owner.

The space is big (not Bridle Path big, but big nonetheless), and the five bedrooms on the top floors aren't typical Toronto sized rooms; they're principal size with no debate if there's room for a King size bed. And to make it to all four floors? There's a private elevator, of course.

While the renovation is very white, the crispness of the walls, cupboards and marble may be exactly what a millionaire with design sense is looking for. And who can say no to a fully modernized home with commercial grade solar panels, built-in speakers, and a fully equipped security system?

SPECS

• Address: 157 South Drive
• Price: $8,995,000
• Lot Size: 163.14x123.00 FT
• Bedrooms: 5 + 1
• Bathrooms: 8
• Parking: 5
• Taxes:
  $52,404/yr
• Walk Score: 45
• Listing agent: Vicky Tal
• Listing ID: href="https://www.realtor.ca/Residential/Single-Family/17221466/157-SOUTH-DR-Toronto-Ontario-M4W1S3-Rosedale-Moore-Park">C3561793

NOTABLE FEATURES

• Elevator to all 4 levels
• Double lot
• Commercial grade solar panels on the roof
• Complete renovation and restoration in 2006
• Crestron security system
• Full kitchen in basement
• Three-car garage
• Large backyard

GOOD FOR

A family that wants some space to move around. The extra large rooms, fully finished basement with a separate kitchen plus a big backyard should offer more than enough room to spread out. Or, you're looking for a modern heritage home. The space is technologically advanced - with a fully equipped security system and speakers in every room.

MOVE ON IF

White isn't your idea of a good time. With white wainscotting, white marble and a white kitchen, this renovation may not jive with your idea of what a heritage home should look like.

ADDITIONAL PHOTOS

Is this house worth almost $9 million? Let us know in the comments.

Thanks to Bosley Real Estate Ltd, Brokerage for sponsoring our House of the Week. All content and editorial selected and written by blogTO.