In 1968, a Jewish businessman named Stan founded a company in the State of New York. Stan’s company sold sealants used for roofing, pools and various construction purposes. The company grew to two N.Y. warehouses and eight warehouses in Ontario, Canada.
In 1978, Stan’s wife Elaine purchased a Santa Fe-style house located in a prestigious area of Toronto known for its million-dollar homes. The property may have already been in the family name as it was transferred to her for an amount of $2.00 which is common for inter-family transfers.
Around 1994 the sealant company changed their name to reflect the larger variety of merchandise they carried. The company’s product line included insulation foam, disinfectants, adhesives and roofing supplies. At around the same time, a child company was formed that sold retail pools, spas and pool cleaning supplies.
The couple’s son, David worked at the family business as the Vice President of Finance from 1995 to 2008. In 2009, he was promoted to the position of CEO, which he held until 2017. In 2017 the business was sold to a new business interest.
The pool and spa business still operate several locations across Ontario. Current reviews seem to suggest that they’re having current difficulty in maintaining customer satisfaction.
In 2002, Stan’s name was added to the house title which had previously been in his wife’s name. Stan passed away in February of 2018 and his wife, Elaine, passed away in June of 2019.
The house was sold in November of 2020 for $5,780,000. The couple who purchased the property hired an architectural firm to design a new home. In April 2021, an application was made to the City of Toronto to demolish the property and build the new home. There were objections from the neighbours, particularly with regards to the clear cutting of trees along the road. The City has so far declined to allow the new construction to go forth.
The home features an indoor pool with sky lights and patio doors leading to the back deck. The front entrance features two stain glass windows. A winding staircase leads to the upper and lower floors. On the main floor is a washroom with some unique gold wallpaper and a gravity toilet. Perhaps the most modern portion of the house is the kitchen with marble counter tops, ceramic floors and stainless steel appliances.
The basement has been completely done in bamboo wicker (real or artificial) and with a tiki bar and wine rack in the corner. The bar’s counter top is set upon four wine barrels with spouts. There’s also a pool room with over sized table.
Photos & Research: TWP
Thanks to UrbexIsLife for the location
