Homes

The Informer

Real Estate

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Condo of the Week: $690,000 for two storeys and a rooftop terrace near Queen Street West

toronto-condo-of-the-week-25-soho-street-intro

Address: 25 Soho Street, P310
Neighbourhood: Kensington Chinatown
Agent: Michael Rapkoski, Re/Max Hallmark Realty Ltd., Brokerage
Price: $689,000

The Place: 1,000 square feet spread over the two upper floors of a four-storey building. There’s an open-concept kitchen, living room and dining area on the main floor of the unit. The second floor has two bedrooms.

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The Informer

Real Estate

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House of the Week: $25 million for a giant chateau on the Bridle Path

toronto-house-of-the-week-68-the-bridle-path-intro

Address: 68 The Bridle Path
Neighbourhood: Bridle Path-Sunnybrook-York Mills
Agent: Barry Cohen, RE/MAX Realtron Realty Inc., Brokerage
Price: $25,000,000

The Place: An extravagant 10-bedroom, 14-washroom gated French-style chateau on the Bridle Path.

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The Informer

Real Estate

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Sale of the Week: the $1.3-million High Park home that shows catering to the young and wealthy can pay off

Sale of the Week: 122 Mavety Street

Address: 122 Mavety Street
Neighbourhood: High Park
Agent: Duncan Cameron, Sage Real Estate Limited, Brokerage

The Property: This three-storey home in High Park was fully renovated to attract the hip and the well-heeled. It features a rare second-storey family room with a wet bar. There’s also a built-in wine fridge in the kitchen, plus modern finishes throughout.

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The Informer

Real Estate

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Condo of the Week: $475,000 for a two-storey toehold in trendy Riverdale

Condo of the Week: $475,000 for a two-storey toehold in trendy Riverdale

Address: 140 Broadview Avenue, Unit 28
Neighbourhood: South Riverdale
Agent: Colin Van Moorsel, Brad J. Lamb Realty Inc.
Price: $474,900

The Place: A thousand square feet in a faux-Victorian townhouse complex near Queen East. The unit takes up the lower two of four levels. There’s a big master bedroom and den in the basement and an open-concept kitchen and living room on the main floor.

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The Informer

Real Estate

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House of the Week: $1.3 million for a stylish row house in Yorkville

toronto-house-of-the-week-87-pears-avenue-intro

Address: 87 Pears Avenue
Neighbourhood: Yorkville
Agent: Richard Silver, Sotheby’s International Realty Canada, Brokerage
Price: $1,299,000

The Place: A three-bedroom row house on one of the most desirable streets in Yorkville.

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The Informer

Real Estate

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Sale of the Week: the $820,000 Blake-Jones home that proves buyers won’t be dissuaded by eccentric design

Sale of the Week: the $820,000 Blake-Jones home that proves buyers won't be dissuaded by eccentric design

Address: 84 Boultbee Avenue
Neighbourhood: Blake-Jones
Agent: Gary Crowder, Re/Max Hallmark Realty Ltd., Brokerage

The Property: This three-bedroom detached home features brightly coloured rooms with artwork hand-painted directly onto their walls and hardwood floors. The elevated corner lot, with an unobstructed view of the city skyline, was a draw for buyers.

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The Informer

Real Estate

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Condo of the Week: $1.5 million for a Rosedale-Moore Park townhouse with a sprawling master suite

toronto-condo-of-the-week-88-pleasant-boulevard-intro

Address: 88 Pleasant Boulevard
Neighbourhood: Rosedale-Moore Park
Agent: Paul Magnus and Timothy J. Burke, Re/Max Hallmark Realty Ltd.
Price: $1,500,000

The Place: A luxurious townhouse near Yonge and St. Clair with three bedrooms, 24-hour concierge service and a patio that’s just a short walk away from David A. Balfour Park.

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The Informer

Real Estate

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The Sell: two Blue Jays–mad Thornhillers ditch the burbs for an apartment in the city

The Sell: two Blue Jays–mad Thornhillers ditch the burbs for an apartment in the city

The Sell: two Blue Jays–mad Thornhillers ditch the burbs for an apartment in the cityThe sellers: Michael Belz, a 49-year-old partner at Deloitte, and his wife, ­Melanie, a 45-year-old nutritionist.

The property: A four-bedroom, 3,500-square-foot house on a ­Thornhill cul-de-sac.

The story: Michael and Melanie, both lifelong surburbanites, often trekked downtown to shop, eat and see the Jays (they attend at least 35 games a season). Last summer, with their elder son at Laurier and their younger one about to join him, they decided to give city living a try. Rather than leap straight into a condo purchase, they found a two-bedroom rental in the Heathview, a new apartment complex near St. Clair and ­Spadina. The only thing left to do was sell their Thornhill house, bought in 2007 for $810,000.

The prep: After a mammoth purge, Michael and Melanie tackled a five-page list of cosmetic fixes assigned by their realtor. But they refused to ­dismantle their Blue Jays shrine—a royal-blue room full of baseball ­memorabilia—which they roped off with velvet cordons for viewings.

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The Informer

Quoted

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Toronto Real Estate Board official: “Realtors are not the problem”

“There are some who choose to attack realtors in this process. Realtors are not the problem.”

Von Palmer, the Toronto Real Estate Board’s chief government and public affairs officer, addressing reporters after a news conference during which Doug Ford pledged to reduce the land transfer tax if elected mayor. According to the Star, Palmer was responding to a question from CityTV’s James Tumelty about why, if TREB thinks paying a percentage on a property’s purchase price is such a terrible burden on homebuyers, the organization isn’t pushing equally hard for realtors to lower their commissions.

The Informer

Real Estate

9 Comments

House of the Week: $2 million to live like it’s 1960 in Edenbridge-Humber Valley

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Address: 31 Edenbrook Hill
Neighbourhood: Edenbridge-Humber Valley
Agent: Alex Brott, Keller Williams Referred Urban Realty, Inc.
Price: $1,999,999

The Place: A perfectly preserved 1960s home by the architecture firm Gardiner Cowan.

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The Informer

Real Estate

30 Comments

The winners and losers of the absolutely outrageous, viciously competitive, record-breaking market

The Winners and Losers of the Absolutely Outrageous, Viciously Competitive, Record-Breaking Market

For buyers and sellers and those who simply consider real estate a spectator sport, this was the nutty year when the average price of a detached house hit a million. And you’re lucky if those seven figures buy a rickety bungalow next to the tracks. Open houses now require bouncers to control the mobs, buyers eye one another like competitors in a boxing ring, and every week there’s another story of a bidding war that stretched all night and made the seller a killing.

In the following pages, we present a portrait of the manic market. We surveyed the city’s top agents to find the pockets where the fight to own a house is fiercest, and gathered stories from people who’ve wandered into the real estate trenches and barely survived.

The Informer

Real Estate

Comments

Sale of the Week: the $930,000 semi that hints at a pricey fate for west-end real estate

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Address: 261 Pacific Avenue
Neighbourhood: High Park
Agent: Wendy Hammond Page and Jennifer Percival, Sutton Group Old Mill Realty Inc., Brokerage

The Property: This three-bedroom Victorian semi is within walking distance of the Junction’s shops, restaurants and bars. It features loft-like details throughout, including exposed-brick walls, hardwood floors and high ceilings. A third-floor master retreat sports its own walk-in closet, four-piece en suite washroom and skylights.

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The Informer

Real Estate

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Condo of the Week: $380,000 for a surprisingly spacious South Parkdale suite

Condo of the Week: 20 Joe Shuster Way

Address: 20 Joe Shuster Way, Unit 812
Neighbourhood: South Parkdale
Agent: Tim Yew, Keller Williams Referred Urban Realty, Brokerage
Price: $385,000

The Place: A spacious two-bedroom near Queen West with a balcony and parking space for under $400,000.

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The Informer

Real Estate

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House of the Week: $1.5 million for a Wychwood home with an evergreen backyard

toronto-house-of-the-week-85-ilford-road-intro

Address: 85 Ilford Road
Neighbourhood: Wychwood
Agent: Jordan Grosman and Kate Matheson, Private Service Realty Ltd., Brokerage
Price: $1,495,000

The Place: An updated three-bedroom Wychwood home with an artificial-grass backyard that stays green all year—no lawnmower required.

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The Informer

Real Estate

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Sale of the Week: a $1.3-million Victorian semi is proof that holding out for a better offer can pay off

Sale of the Week: 76 Willcocks

Address:  76 Willcocks St.
Neighbourhood: University
Agent: Jordan Lloyd Allison and Shelley Kollins, Right At Home Realty Inc., Brokerage

The Property: This three-bedroom Victorian semi is located within easy walking distance of U of T, Kensington Market and Bloor Street. It has open-concept living and dining rooms, a wine cellar and original hardwood floors. A streetcar stop at the corner makes up for the lack of parking.

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