Sitting on a 2.16-acre lot, the more than 5,000-square-foot home at 20 High Point Rd. is fitted with five-plus-one bedrooms, 10 bathrooms and a six-car garage.
“It’s for people that do a lot of entertaining — a record executive, or a socialite,” Litchmore said. Between those listings, it also appears to have been leased out, costing $53,000 per month each time — a hefty price tag for an average person, but a deal for someone looking to live lavishly without committing to owning a home of this size, Litchmore said.Compared to neighbouring properties, the home does appear to be a little outdated, Litchmore said, which may factor into why it hasn’t sold recently.
Other, relatively cheaper properties have sold in mere weeks, while others have sat on the market for months before being snatched up, Litchmore said. Still, they’ve sold.
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