David Mirvish's recent sale of Honest Ed's and nearby Mirvish Village to Vancouver's Westbank Properties is one of the more controversial real estate stories in recent memory. Most reports would give the impression the Mirvish properties consist of the landmark Honest Ed's building, its parking lot, and the row of Victorian row houses that line the block of Markham Street from Bloor to Lennox—and that's almost right.
One house on the west side of Markham has been quietly excluded from the sale: the three-storey redbrick directly across from Victory Cafe is not owned by the Mirvish family, and according to Mirvish Village retailers, the owner has declined to sell. The house, built in 1908, is divided into rental units with a two-car detached garage and an unkempt garden. Comparable Annex properties already bring in well over $1.5 million, so what will happen should the owner decide to stay?
· Why is This Rolls-Royce Parked in Honest Ed's Underground Lot? [Curbed Toronto]
· Is Mirvish Village Worth $100 Million Dollars? [Curbed Toronto]
· Mirvish Gung-Ho On Demo To Build Gehry Condos [Curbed Toronto]
· Honest Ed's Site Sold to Vancouver Developer [Toronto Star]