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While plenty of Toronto homes have been renovated, not many can say they've been rebuilt so thoroughly that only the original side wall remains. But 55 Farnham Ave. can. Originally reconstructed in 2020, the Summerhill home was taken back to the studs and rebuilt to an almost obsessive standard by WPML, with architecture by Setless Architecture, interiors by Tanya Bonus, and landscaping by Earth Inc. Basically, this wasn't a quick flip with some white oak floors, a few pot lights, and a prayer. Since only one of the original side walls remains, this is essentially a brand-new custom home. The front entrance. From the outside, the Petersen Tegl brick, zinc roof, and crisp modern lines give it that understated, timeless look. The main floor. Inside, it's a masterclass in restrained luxury. Foyer with built-in storage. The main floor strikes that rare balance between polished and practical, starting with a foyer that includes enough built-in storage to make many Toronto homeowners deeply jealous. The living room. The living room centres around an elegant fireplace before opening into a grand dining area made for hosting. The kitchen. At the rear of the home, things open up into a kitchen outfitted with Miele, Wolf, and Sub-Zero appliances, plus a statement Galley workstation sink for anyone who takes their meal prep extremely seriously. The family room. That space flows into a bright family room overlooking the backyard. The laundry room. Upstairs, the second floor houses three generously sized bedrooms and a thoughtfully designed laundry room with ample hanging and drying space. The primary bedroom. The entire third floor is reserved for the primary suite. It comes complete with a south-facing IPE-clad balcony, a spacious walk-in closet, and a spa-inspired ensuite. A bedroom. Then there are the extras. A powder room. Two-zone HVAC. Radiant-heated basement floors. Heated entryways and bathrooms. A heated driveway and walkways, because shovelling snow is never fun. The kitchen. There's also full smart home integration for Lutron lighting, audio, blinds, and security, plus Hollace Cluny lighting, Unik Funkis windows and doors, IPE decks, and a newly landscaped backyard, finished in 2025, with a fresh patio and AstroTurf. A home office. Yes, even the grass here is overachieving. The only mildly humbling detail? There's no garage, and you will still have to pay a front pad parking fee. But the recent price drop may soften that blow. A bedroom. Earlier this year, 55 Farnham Ave. hit the market for $6,595,000 . Now, it's listed for $6,095,000 , marking a tidy $500,000 price cut. The open-concept kitchen and family room. And while half a million dollars sounds dramatic to the rest of us, in this corner of Summerhill that's the luxury real estate equivalent of finding a $5-off coupon. The stairwell. Because despite the haircut, 55 Farnham Ave. still sits comfortably within neighbourhood norms, where homes regularly sell north of $6 million. The backyard. But unlike some Toronto luxury listings that seem priced entirely on delusion and postal code prestige, this one at least has the craftsmanship to back it up.
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