Homes

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Condo of the Week: $800,000 for a Leaside suite with a spacious garden

toronto-condo-of-the-week-21-burkebrook-place-intro

Address: 21 Burkebrook Place, Unit 121
Neighbourhood: Leaside-Bennington
Agent: Heather J. Lake, Royal LePage Real Estate Services Ltd., Johnston & Daniel Division, Brokerage
Price: $799,900

The Place: A two-bedroom unit on the first floor of a mid-rise building at the end of a quiet cul-de-sac.

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House of the Week: $2.9 million for a heritage Annex home with a decidedly un-heritage interior

House of the Week: $2.9 million for an Annex heritage home with a decidedly un-heritage interior

Address: 41 Boswell Avenue
Neighbourhood: Annex
Agent: Isabel Beveridge and Daniel Lynch, Royal LePage/J & D Division, Brokerage
Price: $2,875,000

The Place: A three-bedroom Annex home that’s business in the front, party in the back.

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Foreign investment may not be as big a factor in Toronto’s condo market as we all thought it was

2.7%

—The percentage of Toronto condos that are owned by foreign investors, according to a new report from the Canada Mortgage and Housing Corporation. The actual rate of foreign ownership has long been assumed to be much higher, though, and it’s not clear how accurate this new number actually is. The CMHC didn’t use hard data—which, for this type of thing, is difficult to come by. Instead, the agency polled a representative sample of building owners and managers.

The Informer

Real Estate

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Tower of Power: who lives where at One Bedford, the new downtown address of choice for uptown potentates

Tower of Power: who lives where at One Bedford, the new downtown address of choice for uptown potentates

(Photographs: Tower by Daniel Neuhaus; Bata, Peaches, Stronach, Hackett, Govani, MacMillan by Getty Images; Jackman courtesy of Province of Ontario; Wente courtesy of the Globe and Mail; Kuwabara by Newswire; McEwan courtesy of Smashing Pictures; Broadbent courtesy of Eventi; Tory by Markian Lozowchuk; Oundjian courtesy of Arts Atlanta)

In the three years since it was completed, One Bedford, the 32-storey monolith above, has become de facto HQ for tastemakers in business, media, arts and politics. Chalk it up to its location at the nexus of three high-rent neighbourhoods, which allows residents to self-identify as posh Yorkvillers, U of T brainiacs or quinoa-munching Annexers as needed. One of the latest big-name tenants to join the party is the mayor. Here’s who he calls neighbour.

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Sale of the Week: the $1.3-million reno that proves Parkdale isn’t gentrification-proof

toronto-sale-of-the-week-39-gwynne-avenue-intro

Address: 39 Gwynne Avenue
Neighbourhood: Parkdale
Agent: Howard Esakov, Re/Max Realtron Realty Inc., Brokerage and Michael Gauer, Royal LePage Your Community Realty, Brokerage

The Property: This completely renovated, four-bedroom detached home has contemporary finishes throughout, a modern kitchen with custom counters and a third-floor master bedroom with an en suite. The self-contained basement suite shares the rest of the home’s modern aesthetic, but has its own entrances.

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Condo of the Week: $330,000 for a design-friendly loft in Briar Hill

toronto-condo-of-the-week-550-hopewell-avenue-intro

Address: 550 Hopewell Avenue, Unit 212
Neighbourhood: Yorkdale-Glen Park
Agent: David Fraser, Metropolitan Commercial Realty, Inc., Brokerage
Price: $334,900

The Place: A swinging bachelor or bachelorette loft space in the Briar Hill area.

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House of the Week: $2.2 million for a Mount Pleasant home with a huge fireplace

House of the Week: Mount Pleasant East

Address: 414 Manor Road
Neighbourhood: Mount Pleasant East
Agent: Fari Madani, Re/Max Infinite Inc., Brokerage
Price: $2,150,000

The Place: An ultra-modern, grey-brick home in Mount Pleasant.

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Sale of the Week: the $2.2-million Bayview Village home that has yet to be built

toronto-sale-of-the-week-46-page-avenue-intro

Address: 46 Page Avenue
Neighbourhood: Bayview Village
Agent: Paul Johnston, Right At Home Realty Inc., Brokerage

The Property: This modern home, which has yet to be built (the photos that accompany this article were taken inside a model home with an identical layout), will span 3,800 square feet of big rooms, massive windows and a finished basement.

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Condo of the Week: $660,000 to live in a former fur warehouse in the Annex

Condo of the Week: $660,000 to live in a former fur warehouse in the Annex

Address: 295 Davenport Road, Unit 102
Neighbourhood: Annex
Agent: Brian Elder, Royal Lepage Real Estate Services
Price: $659,000

The Place: A two-level unit in the Creed Building, a former fur storage facility that was converted to lofts in the 1990s. (We featured another of the building’s 19 units about two years ago.)

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House of the Week: $3 million for a heritage home in Rosedale

toronto-house-of-the-week-19-maple-avenue-intro

Address: 19 Maple Avenue
Neighbourhood: Rosedale-Moore Park
Agent: Susan Froese-McHardy and Don McHardy, Royal LePage Real Estate Services Ltd., Brokerage
Price: $2,995,000

The Place: A large family home with tons of curb appeal in Rosedale.

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The Chase: a lawyer’s search for a fixer-upper she could grow into

The Chase: a lawyer’s search for a fixer-upper she could grow intoThe buyer: Heather Spence, a 31-year-old partner at Mass Tsang, a criminal defence firm.

The story: The story: In 2008, while Spence was attending Osgoode Hall Law School, she squeezed into a 400-square-foot Annex rental. Six years later, she’d paid off some loans, made partner at her firm and felt ready to take the ownership plunge. Condos held no ­attraction—she knew too many people who had bought units and then quickly outgrown them. If she decided to have kids someday, she didn’t need the hassle, or expense, of moving again. She got approved for a $510,000 mortgage and started the search for a fixer-upper somewhere between Queen and Dupont, from St. George to Dufferin. She was willing to consider any house, as long as it wasn’t about to be condemned, and she still had to up her ante to get into the game. Even $556,000, she discovered, wasn’t enough to make her a bidding-war contender.

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Sale of the Week: the $910,000 Little Portugal townhouse that shows the appeal of a laneway location

toronto-sale-of-the-week-25-skey-lane-intro

Address: 25 Skey Lane
Neighbourhood: Little Portugal
Agent: Jose Nieves, Sutton Group Quantum Realty Inc., Brokerage

The Property: This rare laneway property is one of three townhouse units on Skey Lane. The four-level modern home has a built-in garage, an open-concept dining area and three bedrooms.

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House of the Week: $1.4 million for a Cliffcrest house with condo-like comforts

toronto-house-of-the-week-39-thatcher-avenue-intro

Address: 39 Thatcher Avenue
Neighbourhood: Cliffcrest
Agent: Allister John Sinclair, ReMax Hallmark Realty Ltd., Brokerage
Price: $1,399,000

The Place: A modern Scarborough home on a huge, 50-by-150-foot lot.

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Sale of the Week: the Trinity Bellwoods home that proves $1 million doesn’t buy as much as it used to

toronto-sale-of-the-week-194-euclid-avenue-intro

Address: 194 Euclid Avenue
Neighbourhood: Trinity Bellwoods
Agent: Diti Coutinho, Sutton Group-Associates Realty Inc., Brokerage

The Property: This detached, single-storey home is five minutes east of Trinity Bellwoods Park. It has approximately 1,700 square feet of hardwood floors, as well as a finished basement suite with its own kitchen and entry.

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Condo of the Week: $630,000 for a concrete loft with a killer kitchen in Riverdale

Condo of the Week: $630,000 for a concrete loft with a killer kitchen in Riverdale

Address: 90 Broadview Avenue, PH830
Neighbourhood: South Riverdale
Agent: Kendra Connelly, Sotheby’s International Realty Canada, Brokerage
Price: $629,000

The Place: A two-bedroom loft in a recently converted building near Queen and Broadview.

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