Scotia Bank CEO Lists Home For Sale, Claims Correction Coming

12 Macpherson Ave - Exterior Front

Scotiabank CEO Brian Porter is listing his church-turned-swanky-townhome at 12 Macpherson Ave. He only moved in 6 months ago and recently said his bank is taking steps to defend themselves against a Toronto real estate bubble. but we’re sure it’s all a big coincidence. The single family townhome is currently listed with Kelly Fulton for $3,950,000 – 10% higher than the $3,586,000 he paid in January. 10% in 6 months? I can see why he thinks there’s a bubble.

The Details

The 4,250 sq. ft. home is one of 5 townhouses in the Macpherson Church conversion in Rosedale. Inside you’ll find a four bedrooms spread across three stories, luxurious finishes like paneled walls, and herringbone floors, a chef’s kitchen, a massive master bedroom with his and her walk-in closets, and a fitness room on the third level. The best feature however is the large terrace, complete with a huge fireplace and dining area – perfect for entertaining.



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