Homes

The Informer

Real Estate

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House of the Week: $1.9 million for a wood-panelled home near High Park

Address: 183 Indian Road
Neighbourhood: High Park-Swansea
Agent: Kim Kehoe, Bosley Real Estate
Price: $1,879,000

The Place: A grand, detached house in the High Park area.

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The Informer

Real Estate

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The Sell: a couple with young kids cash out after less than a year in Riverdale

The Sell: A couple with young kids cash out after less than a year in RiverdaleThe Sell: A couple with young kids cash out after less than a year in RiverdaleThe sellers: Shanna Landolt, the 43-year-old founder and president of executive search company the Landolt Group, and Paul Landolt, a 49-year-old software developer for RBC.

The property: A detached four-bedroom Edwardian in Riverdale, which the couple bought for $1.285 million in 2013, and lived in for just under a year with their three young kids.

The story: As Paul’s 50th birthday loomed closer, he and Shanna started daydreaming about a simpler life outside the city. Shanna grew up in Brockville, and the couple figured they could buy a house there—for a third of what it would cost them in Toronto—work remotely, and have enough extra cash to rent a pied-à-terre in the city and take regular family trips to the Caribbean. After mulling it over for a bit, they resolved to list the house just before Christmas to see what offers they could attract.

The prep: The Landolts’ agent, Suzanne Lewis of Keller-Williams, initially advised the couple to have the house professionally staged. Then, she reconsidered: two homes in the area had sold after receiving 20-plus offers, and some of those disappointed suitors were sure to bid on the next comparable property. So they spent four days de-cluttering and put the house on the market on December 9.

The offers: After a flurry of open houses, they received three offers, one of which was slightly over asking. Feeling buoyed, they signed all three back, and all returned with even higher bids. They haggled with the top bidder for 45 minutes, then made a deal for $74,500 over list price—a satisfying sum to put toward a new home base outside the city.

The Informer

Real Estate

5 Comments

Sale of the Week: the $1.2-million Bedford Park teardown

Address: 369 St. Germain Avenue
Neighbourhood: Bedford Park
Agent: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd., Brokerage

The Property: This well-maintained Bedford Park home is on a lot about 40 feet deeper than the area average, making it perfect for major renovations or new construction.

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The Informer

Real Estate

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Condo of the Week: $500,000 to live in a former ball bearing factory near Roncesvalles

toronto-condo-of-the-week-347-sorauren-avenue-intro

Address: 347 Sorauren Ave, Unit 112A
Neighbourhood: Roncesvalles
Agents: Colette Chaput-Villamizar, Royal LePage Estate Realty, Brokerage
Price: $499,000

The Place: A loft on the first floor of a former ball bearing factory.

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The Informer

Features

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McMansion Wars: inside the nasty neighbour-versus-neighbour feuds of Forest Hill

McMansion Wars

The house that used to be at 212 Vesta Drive sold for $1.25 million in 2009. The buyers demolished it without a permit and erected this three-storey mini-mansion, many aspects of which exceeded the zoning bylaws for the area. Angry neighbours formed a residents’ association and spent three years fighting the owners. In the fall of 2012, the owners won at the OMB.

In the spring of 2009, 212 Vesta Drive—a four-bedroom 1930s Tudor on a 40-foot-wide lot—went up for sale. It was a pretty house with green trim that had been, in the words of the Forest Hill listing agent, “lovingly maintained with original charm and character.” The list price was $1.1 million, and cars full of eager bidders lined the street on offer night. There were 13 bids. Carmela Serebryany-Harris and Geoffrey Harris, a young couple with one child and another on the way, presented the winner at $1.25 million.

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The Informer

Real Estate

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House of the Week: $1.4 million to live in a Cabbagetown laneway

toronto-house-of-the-week-7-millington-street-intro

Address: 7 Millington Street
Neighbourhood: Cabbagetown-South St. Jamestown
Agent: Richard Silver, Sotheby’s International Realty Canada, Brokerage
Price: $1,399,000

The Place: A completely upgraded, contemporary laneway home in Cabbagetown.

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The Informer

Real Estate

1 Comment

Sale of the Week: the $1.95-million Annex rebuild that got three bully offers

toronto-sale-of-the-week-4-lennox-street-intro

Address: 4 Lennox Street
Neighbourhood: University
Agent: Dragi Dodevski, Royal LePage Your Community Realty, Brokerage

The Property: This contemporary University of Toronto–area home has excellent curb appeal, thanks to a premium cedar-and-aluminium exterior. It has a Bulthaup kitchen, high ceilings, a second-floor family room and a unique interior design with high-quality finishes.

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The Informer

Columns

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Dear Urban Diplomat: do we have to disclose our black-mould discovery?

urban-diplomat-fungus-among-us

(Image: David Goehring/Flickr)

Dear Urban Diplomat,

My wife and I blew our budget on a detached home and during a minor reno found black mould in the basement, which looks like it was patched over by the previous owners. We suspect it runs up the wall and into the kitchen. After some hemming and hawing, we’ve decided to sell and downsize to a semi, which makes more sense for us financially. Our question: are we legally, ethically or otherwise obligated to tell our agent and prospective buyers about the mould, or can we just pretend we never noticed?

—Fungus Among Us, Riverdale

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The Informer

Real Estate

12 Comments

Condo of the Week: $445,000 for a Cinema Tower unit with a quintessential Toronto view

Address: 21 Widmer Street, Unit 2410
Neighbourhood: Waterfront Communities-The Island
Agents: Yannick Picard, Sutton Group Associates Realty Inc., Brokerage
Price: $445,000

The Place: A compact one-bedroom halfway up the Cinema Tower, with a balcony offering the quintessential Toronto view (CN Tower, Rogers Centre and Lake Ontario).

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The Informer

Real Estate

1 Comment

House of the Week: $2.35 million for a home with easy access to Eglinton West

toronto-house-of-the-week-113-wembley-avenue-intro

Address: 113 Wembley Road
Neighbourhood: Humewood-Cedarvale
Agent: Matthew Wise, Harvey Kalles Real Estate Ltd., Brokerage
Price: $2,349,000

The Place: A six-bedroom, five-bathroom home located just north of Eglinton and east of the Allen Expressway.

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The Informer

Real Estate

2 Comments

Sale of the Week: the $950,000 Summerhill semi that shows the power of waiting for the right offer

toronto-sale-of-the-week-1a-oaklands-avenue-intro

Address: 1A Oaklands Avenue
Neighbourhood: Summerhill
Agent: Kara Reed, Chestnut Park Real Estate Limited, Brokerage

The Property: This freehold Summerhill semi is set up for couples or small families, with just two bedrooms spread over its four levels. Its open concept living area has floor-to-ceiling windows, and the third floor master bedroom has its own massive marble en suite.

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The Informer

Real Estate

7 Comments

Condo of the Week: $460,000 for a Riverdale suite with a rooftop retreat

(Image: Robert Holowka)

(Image: Robert Holowka)

Address: 625 Queen Street East, Unit 205
Neighbourhood: South Riverdale
Agent: Alex Brott, Keller Williams Referred Urban Realty Inc.
Price: $459,000

The Place: A one-bedroom unit with a decent-sized den in a 2009 building across from Dark Horse Espresso.

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The Informer

Real Estate

2 Comments

House of the Week: $1.8 million for a contemporary Baby Point home with a park view

toronto-house-of-the-week-69b-harshaw-avenue-intro

Address: 69B Harshaw Ave
Neighbourhood: Lambton Baby Point
Agent: David Anderson Oey, Harvey Kalles Real Estate Ltd., Brokerage
Price: $1,775,000

The Place: A contemporary detached home backing onto Lessard Park in Baby Point Village.

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The Informer

Real Estate

Comments

Sale of the Week: the $1.6-million home that proves Humewood is becoming a renovation hotspot

(Image: Robert Holowka/Birdhouse Media)

(Image: Robert Holowka/Birdhouse Media)

Address: 64 Arlington Avenue
Neighbourhood: Humewood
Agent: Susan and Don McHardy, Royal LePage Real Estate Services Ltd., Brokerage

The Property: This extensively renovated Humewood home has an open-concept layout. Luxury details include a designer freestanding fireplace in the living room, a striped Missoni runner on the staircase and custom built-in shelving in the master bedroom.

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The Informer

Real Estate

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Condo of the Week: $1 million for a two-level Front Street suite in a converted factory

toronto-condo-of-the-week-55-front-street-east-intro

Address: 55 Front Street East, Unit 308
Neighbourhood: Church-Yonge Corridor
Agent: Christopher Andrew Bibby, Sutton Group Associates Realty Inc., Brokerage
Price: $999,000

The Place: A two-bedroom condo in a converted Victorian factory.

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