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Real Estate, Business

Inside BMO COO's $11.7M Rosedale mansion

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Eric Wainwright Jun 08, 2016 10:00 am
20 elm street toronto house front

Frank Techar, BMO’s chief operating officer, has just listed his house for $11,700,000.

Or, in other words, less than 2 years’ work for Techar, thanks to his $6M+ annual salary.

The home, located in Toronto’s prestigious south Rosedale neighbourhood (20 Elm Street), was first purchased by Techar and his wife back in 2006 for what now seems like a steal – a measly $7.5M.

While the 12,000 sq. ft. of prime Rosedale real estate will run you nearly $50K a year in taxes (just 3 days of work for Techar), it also comes with its own stone turret, elevator, 45-ft lap pool, separate entrance for staff, and name. Yes, name. The “Mary Davies House” is a 1898 Heritage Property that’s been “beautifully restored and renovated by architect William Mockler & Associates and builder Den Bosch & Finchley to the highest quality standards,” according to the listing.

So if you’ve got an extra $12M lying around and you won’t settle for just any nightmare on Elm St. to call home (sorry, we had to), you could do a lot worse than the former home of a BMO COO.

Check out all the envy inducing photos below:

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage

BMO COO Rosedale Mansion

Image: Elli Davis/Royal LePage


2322a58d03cc9a658c8b086fc390e7ea?s=96&d=mm&r=g
Eric Wainwright
Eric is the Toronto City Editor for Daily Hive and previously the Editor-in-Chief at Notable.ca. He is highly educated. He knows words. He has the best words.

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