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Gimme Shelter

31 Comments

Condomonium: $849,000 for a Rosedale condo that’s actually the top floor of a house

ADDRESS: 80 Crescent Road, Unit 3

NEIGHBOURHOOD: Rosedale-Moore Park

AGENT: Eleanor Bohm and Evan Sage, Sage Real Estate Limited

PRICE: $849,000

THE PLACE: A two-bedroom penthouse in a South Rosedale mansion that recently went condo. Each floor in the house is now a separate unit, and there are plans for a green roof and other landscaping flourishes around the property.

BRAGGING RIGHTS: The building’s architectural pedigree will make the city’s bluebloods swoon. Eden Smith designed the house in 1896, and his fingerprints are on some of the city’s stateliest buildings: the arts and crafts-style homes in Wychwood Park, the Carnegie libraries and Upper Canada College.

BIG SELLING POINT: For someone who balks at the inhuman scale of forty-storey condo towers, this penthouse has the homey feel of, well, a house.

POSSIBLE DEAL BREAKER: While vaulted ceilings look charming in the living room and bedrooms, the awkward angles of the galley kitchen might feel a little cramped. Watch your head when rummaging through the cupboards.

BY THE NUMBERS:
• $983,000
• 1786 square-feet
• $640.45/month maintenance fees
• 2 bedrooms
• 1 bathroom
• 1 patio
• 1 gas fireplace

31 Comments

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  1. Good luck with that! Regardless of the stellar location, $1 million for an attic with arborite counters is a joke.

    February 17, 2012 at 1:48 pm | by TorontoDude
  2. ridiculous. The space is hideous… more like a $1500/mth rental

    February 17, 2012 at 2:33 pm | by js
  3. Good Luck with the sale on this …I think you would have to be out of your mind to pay 983k for a place that looks like an attic ! Who cares where it is ….and its a crappy kitchen too.

    February 17, 2012 at 2:39 pm | by chris
  4. Wow! interesting indeed.. I would not knock it so quickly. The concept and idea is a genius..wonder who much the other parts of the house is worth/selling for ? Someone wants to make a quick ca$h here. The space is huge, but $1mil for a kitchen thats creepy and small and you have to bend sometimes ? Bathroom is awful with those 2 washer/dryer in the bathroom ? The maint fee is madness!!! For what ? A door man that does not exist? concierge? pool ? WHAT?! Come on, Toronto.. lets not start getting ahead of ourselves.

    February 17, 2012 at 3:00 pm | by Cee
  5. BAA!
    What a joke. If it was offered at $400K in 99% of cities in Canada or the US it still wouldn’t sell. This bubble in the GTA is going to bankrupt anyone that buys in 2012. Does someone buy this unit and think ‘in 5 years, it could be worth more!”?

    February 17, 2012 at 4:46 pm | by Huuk
  6. Quasimodo would love to live here provided he only look inward. What a piece of crap, not one wall to put a bookshelf, good luck with that is right!

    February 17, 2012 at 4:55 pm | by yoda
  7. For $1m, they could at least put a bit of effort into staging. Agree with the others, the ceilings look about 6 feet high. The quirkiness is fun but not for this price.

    February 17, 2012 at 6:40 pm | by lola
  8. A horrible space! What some people will do to get a Rosedale address. But what happens when your friends actually see the ugly little nest you live in?

    February 17, 2012 at 8:14 pm | by DES_toronto
  9. This makes me sick.

    February 17, 2012 at 8:21 pm | by KH
  10. Agreed.

    This will sell to a visiting 2 year tenure CEO, with guaranteed buy back clause.

    February 18, 2012 at 12:19 pm | by Donald
  11. On your first day moving in, Ashton Kutcher jumps out of the oven to inform you that you’ve been Punk’d!

    February 18, 2012 at 4:54 pm | by BG011
  12. BG011…that is a killer comment but oh so true! LOL.. Did anyone click on the agents name & web site… seems more like home marketers than realtors or more like stagers. Strange place and overall bizarre!!

    February 19, 2012 at 3:52 am | by Chad
  13. Even with the great location, this would be ridiculous at half the price – just look at the (better) comps! Also, the listing agents should seriously look into their RECO requirements for measuring square-footage with sloping ceilings. If someone ever actually sells this condo, the cooperating agent (or even worse in multiple representation) could easily be in serious trouble. Just wait for the lawsuits!

    February 19, 2012 at 3:14 pm | by James
  14. What?? I mean maaaaaybe – if it was actually a finished space! The updates are cheap. A million and they couldn’t get this place outfitted. Wow. Just wow.

    February 19, 2012 at 9:05 pm | by Jessica
  15. http://www.torontolife.com/daily/informer/gimme-shelter/2011/12/23/condomonium-160-frederick-street-unit-302/

    February 20, 2012 at 10:33 am | by Jane

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