Historic Rosedale mansion fetches $12.5 million

Tony Award–winning producer has already begun renovations on midtown property


Published:

The property at 1067 Yonge St.

The historic Jarvis House property at 1067 Yonge St. in the South Rosedale Heritage Conservation District has been purchased for $12.5 million by theatre impresario Aubrey Dan, a Tony Award–winning producer and founder of the Dancap Family Investment Office. 

The Category B heritage property was the previous home of Tricon Capital Group Inc. for over 50 years. In a statement to Post City, Dan confirmed that renovations are now underway to create a new office for the Dancap Family Investment Office and for the Aubrey and Marla Dan Foundation. 

The deal, brokered by Avison Young, was closed on Dec. 20, after an auction sale. 

“The location of the property, being on Yonge Street, just a two-minute walk from the Rosedale subway station, was a key aspect in pursuing this great opportunity,” said Dan, who added that his organizations had been interested in purchasing the property since May. 

“Being nimble and able to meet the owners’ needs on a tight timeline was our competitive edge,” he said.

The two-storey, red-brick building was constructed in 1914 and is an example of Georgian Revival style. It was listed in the heritage register on March 27, 1974.  

Dancap Family Investment Office intends on transitioning its entire team over to 1067 Yonge St., following a renovation that it expects will take one to two years to complete. 

The renovation, for which Lorne Rose Architect and Vaughan Construction have been engaged, will include a new yoga room, an exercise gym and a large kitchen. 

Edit Module

Join the conversation and have your say by commenting below. Our comment system uses a Facebook plugin. Please note that you'll have to turn off some ad-blockers in order to see the comments.

Edit Module

Jessica Wei is an associate editor for Post City. She has lived and worked as a journalist in Montreal, Hong Kong and, now, Toronto. Follow her on Twitter and Instagram.

Edit ModuleShow Tags

You may also like...

Jann Arden on her new TV show

Jann Arden on her new TV show

The music legend plays her fictional self in a new CTV comedy series that premieres March 20. With a new sitcom and two Juno Award nominations, things are looking up for the Canadian icon
Posted 6 days ago
Laneway suite applications rolling into Toronto

Laneway suite applications rolling into Toronto

City looks to expand program across city as homeowners eager to add units
Posted 6 days ago
University of Toronto reveals new plan for historic McLaughlin Planetarium

University of Toronto reveals new plan for historic McLaughlin Planetarium

From Laser Floyd rock shows to a nine-storey build with a recital hall
Posted 1 week ago
Is Toronto’s dating scene inherently racist?

Is Toronto’s dating scene inherently racist?

How partner preferences have become a veil for discrimination, both online and off
Posted 1 week ago
Edit Module
Edit Module
Edit ModuleShow Tags
Edit ModuleEdit Module