Homes

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Toronto’s most stunning private home is for sale for a cool $28 million

(Image: James Dow)

(Image: James Dow)

If you ever needed a reason to do your math homework, here’s one: Integral House, one of Toronto’s best and most architecturally important private residences, is up for sale. The 18,000-square-foot Roxborough Drive property is not currently listed on the Toronto MLS, but a Sotheby’s catalogue says the asking price is $28,000,000. A trio of Sotheby’s realtors will be holding an invite-only preview event at the property this week.

The sprawling modern home, completed in 2009, belonged to mathematician James Stewart, who made a fortune in calculus textbooks before dying of cancer in December 2014. Designed by Toronto architects Brigitte Shim and Howard Sutcliffe, Integral House is renowned for its sinuous, environmentally sensitive design, inspired by the shape of the mathematical integral symbol. It has, among many other amenities, a two-story living room built specifically to accommodate musical performances, with seating for up to 200 people. The gargantuan asking price makes this one of the most expensive properties currently on the market in Toronto. The only home listed on the MLS that even comes close is 68 The Bridle Path, a much less distinguished chateau-style mansion that’s selling for $25 million. Here, some pictures of Integral House’s interior:

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Sale of the Week: the house that shows what $1 million gets you in Leslieville

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Address: 39 Austin Avenue
Neighbourhood: Leslieville
Agent: David Coffey, Bosley Real Estate Ltd., Brokerage

The Property: A detached family home with an open-concept main floor. The master bedroom claims the entire third level, including a rooftop deck.

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Condo of the Week: $1.7 million for a Mimico townhouse with the view of the lake

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Address: 5 Marine Parade Drive, Unit 121
Neighbourhood: Mimico
Agent: Steven Maislin, Re/Max Realtron Realty Inc., Brokerage
Price: $1,698,000

The Place: A large townhouse near the lake in south Etobicoke.

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The Chase: twin sisters take a chance on a bargain-basement fixer-upper


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The buyers: 29-year-old twins Jennifer Carroll, a health-care product reviewer, and Krista Carroll, a municipal project manager for Peel Region.

The story: In the fall of 2013, Krista moved home to Toronto from Port-au-Prince, Haiti, where she’d been working for an NGO. Unsure about her next steps, she crashed at her twin sister’s condo, a 900-square-foot two-bedroom at Sherbourne and Wellesley. Jennifer was renting out the second bedroom, so Krista took the couch. It was a tight fit for three, but the twins loved living together. Determined to find a place they could comfortably share, they pooled their resources, set a budget of $500,000 and started hunting for the perfect house. Their wish list was ambitious—two bedrooms, a big kitchen, a lush backyard and a basement rental unit—so they focused their search on the northwest corner of the city, hoping to land a well-maintained home in an up-and-coming area.

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House of the Week: $650,000 for a condo-sized coach house in South Riverdale

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Address: 25R Clark Street
Neighbourhood: South Riverdale
Agent: Marc Paille and Michell Perez, Royal Lepage Signature Realty
Price: $645,218

The Place: A coach house tucked away on a quiet laneway near Queen and Broadview.

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Sale of the Week: the $800,000 East York bungalow that offers a lesson in flipping homes

(Image: Nicholas Theodorou)

(Image: Nicholas Theodorou)

Address: 189 Woodmount Avenue
Neighbourhood: East York
Agent: Andrei Angelkovski, Re/Max Ultimate Realty Inc., Brokerage

The Property: This open-concept bungalow has a loft-like design, accented with doors and finishes made of reclaimed barn wood. An abundance of skylights and windows brings the outside in. The basement has its own kitchen, meaning it can be used as an income suite.

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Where to Buy Now 2015: twelve Toronto neighbourhoods for buyers of all budgets

Anyone considering a home purchase in Toronto knows the feeling: the panicky vertigo that sets in whenever prices hit a new high. But you can still get some serious bang for your budget in this city. Sufferers of real estate anxiety: here is your Xanax

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Where to Buy Now 2015: three posh neighbourhoods for wealthy buyers who want a whole lot of house

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Swansea

Average Condo Price: $396,935
Average Detached Price: $1,283,751
Average Semi Price: $725,068
Average After-Tax Household Income: $84,496

Bordered to the east by High Park and to the west by the Humber River, Swansea was its own village until 1967, when it was annexed by Toronto. The best homes are on large, 50-foot lots on streets like Riverside Drive and Brule Gardens, where some of the secluded, 1930s-era, Tudor-style residences have unrivalled access to the water—imagine catching a chinook salmon in your backyard. “It’s different here,” says Royal LePage agent Theodore Babiak. “It’s not pastoral, but it’s green.” Sales in the $1.5-million range are becoming more common, and the best homes sell for upwards of $3 million. (Smaller properties on narrower lots still trade for $900,000 or less.) But unlike notoriously tony areas like the Bridle Path, Swansea’s bucolic charm is just a short walk from the subway.

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Condo of the Week: $700,000 for a two-level concrete suite near Roncesvalles

Address: 25 Ritchie Avenue, Unit 111
Neighbourhood: Roncesvalles
Agent: Chander M. Chaddah, Sutton Group Associates Realty Inc., Brokerage
Price: $699,900

The Place: A family-friendly home in a five-year-old building. The kitchen, dining area and living room are on the unit’s upper level, while the bedrooms and family room are below.

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Where to Buy Now 2015: three high-demand neighbourhoods where seven figures is the price of entry

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(Image: Daniel Ehrenworth)

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Parkdale

Average Condo Price: $365,623
Average Detached Price: $1,230,204
Average Semi Price: $907,462
Average After-Tax Household Income: $41,032

In the 1970s, Parkdale’s large Victorian homes were chopped up into a warren of seedy, minuscule rental units. It’s only recently that the neighbourhood has started to recover. Now, to the dismay of anyone looking for affordable living space, the prime west-end location and unique housing stock are luring buyers, and prices are going up. “We’re seeing people in their early 40s—people who are coming out of condos or maybe out of Liberty Village, who are familiar with the area,” says Re/Max West Realty agent David Bailey. It’s still possible to find semis, or even detached homes in need of work, for well under $1 million, but the area has had a spate of sales in the $1.2-million range. For that price, a buyer can expect a detached, four-bedroom home with a renovated interior.

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Where to Buy Now 2015: three thriving neighbourhoods where houses still sell for under a million bucks

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(Image: courtesy of TPL)

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Wallace Emerson

Average Condo Price: $304,340
Average Detached Price: $754,573
Average Semi Price: $657,696
Average After-Tax Household Income: $60,650

Wallace Emerson has everything an aging hipster needs: restaurants that serve complicated comfort food under the glow of Edison bulbs, endless cultural diversity (thanks to the neighbourhood’s immigrant roots) and subway access for trips downtown. The lots are narrow and the houses are generally dated, but many of them remain within financial reach. Even among detached homes, sales over $900,000 are rare. “People are still turned off a bit by the neighbourhood’s proximity to Lansdowne and Bloor,” explains Donal Ward-McCarthy of Right at Home Realty. The area is home to two of the city’s last remaining strip clubs, but tattoo parlours and pawn shops are steadily giving way to vegan bakeries and gastropubs.

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House of the Week: $3.6 million for a six-bedroom spread in Rosedale

toronto-house-of-the-week-46-nanton-avenue-intro

Address: 46 Nanton Avenue
Neighbourhood: Rosedale-Moore Park
Agent: Isabel Beveridge and Daniel Lynch, Royal LePage Johnston and Daniel Division, Brokerage
Price: $3,649,000

The Place: A spacious, six-bedroom family home in Rosedale.

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Where to Buy Now 2015: three under-the-radar neighbourhoods that won’t bankrupt first-time buyers

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Rockcliffe-Smythe

Average Condo Price: $326,884
Average Semi Price: $488,208
Average After-Tax Household Income: $53,818

Rockcliffe-Smythe was born in the years following World War II, when Conn Smythe, the legendary one-time owner of the Toronto Maple Leafs, transformed a gravel pit into housing for returning servicemen. Many of those houses still stand today. They’re still affordable, too, making the neighbourhood one of only a few in the city where it’s possible to find a decent detached home for under $500,000. A group of mostly working-class home­owners share the area with renters, who occupy the mid-century high-rises on Woolner Avenue. Relations between the two groups can be tense. “We had huge issues with prostitution and drugs,” says Marilia Janicas, a member of the Rockcliffe-Smythe Community Association. “In the last 10 years, though, there have been significant changes.” New retail development, like the Stockyards outdoor mall at the neighbourhood’s southeastern corner, has revived some formerly barren lots, and the Junction’s hot retail strip is just a short walk south. The latest sign of gentrification? Woolner Park is about to get an off-leash area.

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Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do

toronto-sale-of-the-week-29-gloucester-street-intro

Address: 29 Gloucester Street
Neighbourhood: Church-Wellesley Village
Agent: Ken James, Bosley Real Estate Ltd., Brokerage

The Property: The upper levels of this freehold townhouse overlook the ones below, giving it a loft-like feel. The master bedroom takes up the entire third storey and has a spiral staircase that leads to a private rooftop terrace.

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Condo of the Week: $1.7 million for a downtown suite with valet service

toronto-condo-of-the-week-77-charles-street-west-intro

Address: 77 Charles Street West, Unit 901
Neighbourhood: Bay Street Corridor
Agent: Hooman Aliary, Harvey Kalles Real Estate, Brokerage
Price: $1,680,000

The Place: A masculine and modern two-bedroom apartment just down the street from the Windsor Arms.

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