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House of the Week: $6.7 million for a classic home with a designer interior in Rosedale

house-of-the-week-56-binscarth-road-intro

Address: 56 Binscarth Road
Neighbourhood: Rosedale-Moore Park
Agent: Mimi Wood and Lisa Robinson, Sotheby’s International Realty Canada, Brokerage
Price: $6,675,000

The Place: A detached, fully renovated brick-and-stone home on one of Rosedale’s prettiest tree-lined streets.

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Sale of the Week: the $1.9 million teardown that shows the changing character of Forest Hill

sale-of-the-week-83-dunloe-road-intro

Address: 83 Dunloe Road
Neighbourhood: Forest Hill
Agent: Beth Boigon, Forest Hill Real Estate Inc., Brokerage

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.

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Condo of the Week: $500,000 for a loft located at the nexus of west-end cool

condo-of-the-week-125-sudbury-street-intro

Address: 150 Sudbury Street, Unit 1911
Neighbourhood: Little Portugal
Agent: Christopher Bibby and Christopher Harrop, Sutton Group Associates
Price: $499,000

The Place: A two bedroom, two bathroom condo in the Westside Gallery Lofts on Sudbury Street.

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House of the Week: $1.2 million for a Cabbagetown Victorian with a surprisingly light-filled interior

House of the Week: $1.2 million for a Cabbagetown Victorian with a surprisingly light-filled interior

Address: 1 Parkview Avenue
Neighbourhood: Cabbagetown-South St. Jamestown
Agent: Peter McLeman, Chestnut Park Real Estate
Price: $1,239,000

The Place: An updated Cabbabgetown Victorian with an airy interior.

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Sale of the Week: the $1.6 million Rathnelly semi that shows how a neighbourhood can (literally) sell a home

Sale of the Week: 205 Cottingham Street

Address: 205 Cottingham Street
Neighbourhood: Casa Loma
Agent: Francesca Milan and Doug Heighington, Royal LePage/J & D Division, Brokerage

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.

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The Informer

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Condo of the Week: Two wine fridges and a great view for just under $3 million

COTWlead

Address:  206 Bloor Street West, Unit 602

Neighbourhood: Annex

Agent: Janice Fox, Hazelton Real Estate Inc.

Price:  $2,795,000

The Place: A sixth floor unit in the newly finished Museum House condominiums at Bloor and Avenue.

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The Informer

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House of the Week: $1.4 million for a west-end semi with a bedroom by a guy who designed the Drake

House of the Week: 26 Delaware Avenue

Address: 26 Delaware Avenue
Neighbourhood: Palmerston-Little Italy
Agent: Philip Thompson, Bosley Real Estate Ltd., Brokerage
Price: $1,398,000

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.

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Sale of the Week: the $985,000 Parkwoods-Donalda home that shows semis can be (relative) bargains

Sale of the Week: 139 Three Valleys Drive

Address: 139 Three Valleys Drive
Neighbourhood: Parkwoods-Donalda
Agent: Ecko Jay, Ecko Jay Realty Ltd., Brokerage

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.

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Real Estate

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Condo of the Week: $699,900 for a Liberty Village corner unit with soaring ceilings

Condo of the Week: 5 Hanna Avenue, Unit 639

Address: 5 Hanna Avenue, Unit 639
Neighbourhood: Niagara
Agent: Michael Camber, Sutton Group-Associates Realty Inc., Brokerage
Price: $699,900

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.

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The Informer

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House of the Week: $1.5 million for a century-old home in North Rosedale

House of the Week: $1.5 million for a century-old home in North Rosedale

Address: 36 Standish Avenue
Neighbourhood: Rosedale-Moore Park
Agent: Gillian Oxley and Joseph Robert, Royal LePage R.E.S. Ltd./J&D Division, Brokerage
Price: $1,549,000

The Place: A newly renovated home with sturdy bones—it was built in 1911—and major curb appeal, in North Rosedale.

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The Informer

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The Chase: newlyweds lose a string of bidding wars before finding The One

The Chase: newlyweds lose a string of bidding wars before finding The One

(Image: couple by Erin Leydon)

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.

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The Informer

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Sale of the Week: the $630,000 Little Portugal semi that shows how far a few small upgrades can go

toronto-sale-of-the-week-1-delaney-crescent-intro

Address: 1 Delaney Crescent
Neighbourhood: Little Portugal
Agent: Leila Brewster and Colby Bayne, Royal LePage Real Estate Services Ltd., Brokerage

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.

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The Informer

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Condo of the Week: $4,990 a month for a penthouse in the thick of Toronto’s evolving waterfront

Condo of the Week: 47 Lower River Street, Penthouse 39

Address: 47 Lower River Street, Penthouse 39
Neighbourhood: Moss Park
Agent: Ricky Chadha, Royal LePage Estate Realty, Brokeage
Price: $4,990/month

The Place: A two-storey, three-bedroom penthouse for lease in Moss Park.

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The Informer

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House of the Week: $3.8 million for a house of terraces in Forest Hill South

toronto-house-of-the-week-2-tarlton-road-intro-2

Address: 2 Tarlton Road
Neighbourhood: Forest Hill South
Agent: Elizabeth Ching, RE/MAX Realtron Realty Inc. Brokerage
Price: $3,800,000

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.

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The Informer

Real Estate

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Relax: yet another report says Toronto’s real-estate prices are headed for a soft landing

(Image: Joe Howell)

(Image: Joe Howell)

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.

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