Homeowner wants higher price for home’s sale to protect 250-year-old heritage red oak
Plan to demolish house to let tree thrive
July 28, 2021 By CBC News
A push to protect a 250-year-old red oak tree in a Toronto neighbourhood has reached a snag, with the adjacent homeowner demanding a higher price for the sale of the property. In late 2019, the city reached a deal with the homeowner to purchase the house for $780,000 so that it could be torn down to allow the tree to thrive in a park-like setting. However, the homeowner is asking for a higher price now that housing costs have soared during the COVID-19 pandemic.
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