City approves demolition of Sherman home on Old Colony

North York Community Council has approved an application made by the family of Barry and Honey Sherman to demolish the couple’s Old Colony Road home. The billionaire philanthropist couple was found dead in the basement of 50 Old Colony Road on Dec. 15, 2017. Earlier this month, the family asked permission from the city to tear down the mansion, as they believe the former crime scene will never be sold.