The Place: A two-bedroom, three-storey townhouse with distinctive architecture (the exterior of the building, built in the 1970s, resembles a boat sail) in the Beach.
All stories by Victoria DiPlacido
The Place: A sub-penthouse on the 31st floor of the first condo tower ever built in the Distillery District. We featured the two-bedroom penthouse back in 2012.
The Place: A three-bedroom, three-storey townhouse in Lippincott Living, a complex with eight units at College and Bathurst.
The Place: A cherry-hued two-bedroom penthouse with a climate-controlled wine room and two wet bars, located just east of Islington station.
The Place: A three-storey, two-bedroom penthouse in Riverdale with both north- and south-facing terraces. The building was originally built in 1911 as Bell Telephone’s headquarters, and was converted into twelve lofts in 2001.
The Place: A one-bedroom unit in what used to be called the Brewery Lofts (it’s now known simply as the Lofts of 90 Sumach), a former CBC design centre and prop warehouse. We featured a two-bedroom unit in the building back in 2010.
The Place: A third-floor unit in the historic St. Lawrence Lofts. The Lofts are made up of three distinct pre-confederation buildings that once housed the warehouse and office spaces of wholesale grocers. Today, the main floor of the building is home to a Starbucks and a Spring Rolls.
The Place: A two-storey penthouse on the ninth floor of Domus, a gothic-style building near Davenport and Bay. (We featured another unit in the same building back in 2012.)
The Place: A two-bedroom suite in Palace Place. The building offers a slew of amenities, like a private shuttle bus, a putting green, valet parking and a 47th-floor games room with a view. We featured a three-bedroom unit in a neighbouring condo building last year.
The Place: A two-bedroom suite in a building with a landscaped central garden, located just down the street from Grange Park and the AGO.
The Place: A two-bedroom suite in the west tower of the Four Seasons Hotel and Residences. (We featured a rental suite in the residence-only east tower earlier this year).
Before and After: a professional renovator revamps an aging Corso Italia house—and ups its value by $350,000
Home renovation TV shows have made “house flipping” shorthand for turning a hasty reno into an easy payout. The reality is a lot more complicated
The Story: Amir Shahi, a 31-year-old with a degree in electrical engineering, spent five years working various corporate gigs before calling it quits and getting his real estate license. Soon after, he met his girlfriend, who was in the process of renovating her second property. Since then, the couple have renovated and resold several homes in Toronto’s west end, though they prefer not to call themselves “flippers”—a term they think underplays the associated risk and legwork. “We call ourselves rejuvenators of neighbourhoods,” quips Shahi.
The Buy: Shahi originally scouted a four-bedroom semi near St. Clair and Dufferin to be his family home, but decided he saw potential for resale in the area. He purchased it for $520,000, and saved on real estate commissions by buying privately. On the open market, he estimates the home would have gone for about $560,000.
The Renovation: The renovation was the biggest Shahi had ever taken on. He set a budget of $150,000, a timeline of five months and a vision of his ideal buyer: a young family who likes to entertain. After bringing the electrical and plumbing up to modern standards, he installed a custom entertainment centre with indoor and outdoor speakers. In the backyard, a new two-tier deck—nicknamed Club 192 for its Miami-beach vibe—addressed the lack of privacy resulting from a shared driveway. Upstairs, four bedrooms became three, allowing Shahi to enlarge the master bedroom and build an ensuite. Vaulting the ceiling in the master bedroom also added a large loft space—as well as extra costs, when 20-foot pieces of lumber were needed to reinforce the aging roof. The bill for the entire reno came to about $200,000.