The Property: This recently renovated Roncesvalles semi takes up the entire width of its exceptionally large 20.25-foot frontage. The rare, one-car parking pad up front was a particular draw for many visitors, as was the home’s proximity to High Park and the waterfront.
The Place: A two-bedroom, two-storey penthouse—one of four—in One Six Nine, a soft-loft complex at Queen and John. We featured another unit in the building last year.
There are certain things that aren’t obvious about a neighbourhood until you’ve lived there for a while: which laundromat is the best, where to get a good hamburger—and, of course, when to flee in terror from the clouds of pig-scented miasma that escape from the nearby gelatin factory. That last dilemma isn’t a hypothetical. The Star reports that, since the start of 2014, Junction Triangle residents have lodged 52 complaints against Nitta Gelatin, a nearby processing plant that turns pig hides into the base ingredients for things like gummi bears and skin creams. “You can almost feel it,” a ten-year resident named Whitney Miller told the Star. “It soaks right into you.”
The thing is, as the Star points out, the plant has been a Junction Triangle resident for far longer than any of the homeowners who are now complaining about the smell. It opened more than a century ago, though Nitta didn’t move in until 1990. The up-and-coming neighbourhood’s industrial vibe has even worked to buyers’ advantage, to a certain extent: according to Toronto Real Estate Board data, average house prices in the area remain relatively reasonable, with detached homes tending to sell for less than the city average (which was $921,127, as of June). It may be time for homebuyers to accept that finding a place to live in today’s market means tolerating the occasional waft of slaughterhouse exhaust.
The Property: The main level of this mini-mansion is dominated by a huge marble-floored, open-concept kitchen, which occupies 528.3 square feet. The master bedroom walks out onto a balcony and sports a marble-floored five-piece en suite, and the second master bedroom claims a four-piece en suite of its own.
Want one of these ho-hum houses? You’ll need seven figures and a stiff drink
In mid-April, for the first time ever, the average selling price for a detached home in Toronto nudged, just briefly, over the million-dollar mark—a surge of 19 per cent over last year. You might argue that the number is an arbitrary data point on a line graph sloping skyward. It’s not. To hopeful house hunters, seven figures is a chasmic mental leap and a devastating reminder of the near impossibility of owning four unshared walls in this city. Just a few years ago, the mid- to low-$800s were territory for the excessively affluent or certifiable; today that’s considered a steal. The $900s, given a long amortization and a diet of rice and lemon water, have become tolerable, too. Welcome to the millies, the new new stratum of absurdity.
The Property: This completely renovated condo townhouse has an open-concept, no-basement configuration that puts the den on the main floor, the kitchen and living room on the second and two bedrooms on the third. A built-in double garage is a particular draw, considering the downtown location.
Address: 517 Spadina Road
Neighbourhood: Forest Hill South
Agents: Howard Biderman, Harvey Kalles Real Estate Ltd., Brokerage, and Marie Natscheff, Bosley Real Estate Ltd., Brokerage
The Place: A three-bedroom, two-storey home in Forest Hill. The unit is one of only two in the building, and occupies half of the ground floor and the entire second floor.
—The number of Greater Toronto Area homes that sold for $1 million or more during the first six months of 2014, according to a new report by Sotheby’s International Realty Canada. Last year, during the same period, the figure was only 2,947.