The Place: A detached, fully renovated brick-and-stone home on one of Rosedale’s prettiest tree-lined streets.
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The Property: This two-storey centre-hall home in Forest Hill makes up for its fixer-upper status with an ample 50-by-120.25-foot lot that includes a fenced, pool-sized backyard. Inside, there are original hardwood floors, two fireplaces and a finished basement with high ceilings. The home also lies within range of various high-end amenities, including an award-winning public school district and private schools. Another nearby destination is Forest Hill Village, at Spadina and St. Clair, which is in the midst of a sea change, like much of the rest of the tony neighbourhood.
Sale of the Week: the $1.6 million Rathnelly semi that shows how a neighbourhood can (literally) sell a home
The Property: This two-and-a-half-storey semi is situated in one of Toronto’s best-kept secrets: a Casa Loma sub-neighbourhood known affectionately as the Republic of Rathnelly. The extensively renovated property features an open-concept main floor. The open feel flows into the covered back porch, which overlooks a private perennial garden. Yorkville is only a quick walk away.
The Place: A block from Dufferin Grove Park, this turn-of-the-century semi belongs to Grid editor-in-chief Laas Turnbull and his family.
The Property: Nestled in a laid-back pocket community surrounded by the Donalda Club golf course, this renovated four-level backsplit semi combines the privacy of a ravine lot with contemporary California-style design. The rooms are illuminated by skylights embedded in high ceilings. Nearly every energy-saving, commercial-grade window overlooks the ravine. Not only are parks, nature trails and walkways within reach, but so are the ritzy restaurants and shopping centres of York Mills and Don Mills.
The Place: A two-bedroom, two-storey corner unit on the sixth floor of Liberty Market Lofts, located just down the street from the lot where the Liberty Village Farmers’ Market sets up shop in warmer months.
The Place: A newly renovated home with sturdy bones—it was built in 1911—and major curb appeal, in North Rosedale.
The buyers: Claudia Arruda, a 29-year-old nurse, and her husband, Eric, a 29-year-old financial coach.
The story: Shortly before getting married in 2012, the Arrudas moved from Kitchener to downtown Toronto in search of better jobs and big-city excitement. They started out in a rented one-bedroom condo at Maple Leaf Square. However, Eric, who bought his first investment property at age 21, was soon itching to own a place in his new hometown. He and Claudia were also talking about having a baby and figured they’d need more space before long. With Eric’s cousin, Steve Arruda, as their agent, they started the search hoping to find a house for around $450,000 and quickly realized they’d either have to lower their expectations or substantially raise their budget. What followed was a gut-wrenching sequence of fruitless offers and crosstown bidding battles.
The Property: This three-bedroom semi uses aesthetic flourishes to make up for its relatively small lot and limited interior square footage. A custom-made flower box up front adds curb appeal and doubles as a stash for recycling bins. Inside, the exterior’s warm-wood theme extends to the home’s open-concept dining and living rooms, as well as the large eat-in kitchen. The master bedroom features a custom built-in closet and a bay window seat, and the finished lower level offers some storage space.
The Place: With a tiered design inspired by traditional rice terraces, this contemporary, three-bedroom home is perched on a corner overlooking the treetops of Kay Gardner Beltline Park.
There’s a definite undercurrent of gloom in Toronto’s real-estate market, thanks in part to a booming condo-construction sector that for years, according to analysts, has threatened to outstrip demand. Now, a different group of analysts is saying that all those overbuilding fears are overblown.