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ADDRESS: 80 Crescent Road, Unit 3
NEIGHBOURHOOD: Rosedale-Moore Park
AGENT: Eleanor Bohm and Evan Sage, Sage Real Estate Limited
PRICE: $849,000
THE PLACE: A two-bedroom penthouse in a South Rosedale mansion that recently went condo. Each floor in the house is now a separate unit, and there are plans for a green roof and other landscaping flourishes around the property.
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ADDRESS: 50 Elm Avenue
NEIGHBOURHOOD: Rosedale-Moore Park
AGENT: James Warren, Royal LePage, Johnston and Daniel Division, Brokerage
PRICE: $4,995,000
THE PLACE: A historic gated Victorian home—with an actual turret—in the heart of Rosedale.
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An income of $196,000 places you in the country’s top one per cent of earners. But does it make you wealthy?
The Western world has become chastened and frugal. The reasons are many: corporations crouched in fear of another, much worse recession; penniless governments a-toppling; and Europe, for the foreseeable future, mired in a debt debacle. But you wouldn’t know it from life in Toronto, where a luxury condo opens its doors every week and we queue for hunks of exotic chocolate at the new Maple Leaf Gardens Loblaws. We’re bouncing along in a prosperity bubble.
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Read profiles of five Toronto households and how they spend their money »
Gabe Gonda, Jodi Kantor and Victoria Webster have a party for The Obamas (Image: Tom Sandler)
Fabulous Rosedale homes are meant for more than just real estate porn and housing Toronto’s aristocracy—they also provide a great backdrop for parties. Toronto Life contributor Victoria Webster and her husband, Gabe Gonda, weekend editor at the Globe and Mail, opened their home Friday evening to New York Times correspondent and The Obamas author Jodi Kantor. Complete with a question-and-answer period, libations and a book signing, this party was a proper toast among friends. Find out what Kantor had to say about Michelle Obama and who took his shoes off (when no one else did) after the jump.
Let’s face it: taking a peek through a stranger’s home gives us all a voyeuristic thrill. But aside from when a place goes up for sale, it’s pretty well impossible to get inside without breaking windows (and the law—an open house with a realtor is one thing; gaining access with a crowbar is completely another). That’s why we take such delight in scouring the city every week to find the most opulent, outrageous and storied church conversions, summer getaways and stately mansions on the market. Here, our 10 favorite houses, condos and cottages of the week from 2011 (with a yurt thrown in for good measure).
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The daily sandwich and a flaky banana-coconut croissant at Nadège (Image: Renée Suen)
Sandwiched between Summerhill’s five thieves, Nadège Nourian’s second outlet is a jewel box of pretty confections and carefully constructed pastries. The midday crowds, however, line up for the freshly made and affordable gourmet sandwiches stacked in the shop’s glass display cases. Seasonal fruits and vegetables, along with fine meats and cheeses, spill out from halved homemade croissants or slices of spongy, loose-crumbed bread.
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(Image: Vincent Desjardins)
Dear Urban Diplomat,
I used a Groupon recently to get my hair done at an expensive Rosedale salon. It saved me 65 per cent. When it came time to pay, I tipped 20 per cent of the reduced price and got the stink eye from the counter girl. Was I being cheap? What’s the etiquette for tipping with Groupon?
—Tipping Point, DANFORTH VILLAGE
ADDRESS: 11 Drumsnab Road
NEIGHBOURHOOD: Rosedale-Moore Park
AGENT: James Warren, Royal LePage J&D Division, Brokerage
PRICE: $2,995,000
THE PLACE: A three-storey 1926 Dutch Tudor in ritzy Rosedale.
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ADDRESS: 136 Glen Road
NEIGHBOURHOOD: Rosedale-Moore Park
AGENT: James Strathy Warren, Royal LePage J&D Division, Brokerage
PRICE: $7,495,000
THE PLACE: An enormous near-century-old mansion nestled deep within Rosedale’s twisting roads that stands as a reminder of Toronto’s regal past.
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ADDRESS: 298 Glen Road
NEIGHBOURHOOD: Rosedale–Moore Park
AGENT: Joseph Robert and Kevin Crigger, Royal LePage J&D Division, Brokerage
PRICE: $1,389,000
THE PLACE: Steps from Chorley Park and a short walk to the Evergreen Brick Works, this four-bedroom house may be smallish for Rosedale at 2,442 square feet but it’s also a quality starter home for the (extremely) upwardly mobile.
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ADDRESSS: 14 Cluny Drive
NEIGHBOURHOOD: Rosedale–Moore Park
AGENT: Dorothy Mason and Sandra Mason-Grossi, Royal LePage Your Community Realty, Brokerage
PRICE: $12,375,000
THE PLACE: This Rosedale mansion is equal parts old-world villa (with its stone, wood and iron accents) and modern spa (with its marble floors, a deep soaker tub in the master bedroom and indoor pool).
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ADDRESS: Pheasant Lane
NEIGHBOURHOOD: Princess-Rosethorn
AGENT: Robert Douglas Pettigrew & Clare Estlick, Re/Max Professionals Inc., Brokerage
PRICE: $3,500,000
THE PLACE: Near the St. George’s Golf and Country Club and nestled in the winding streets of the city’s northwest end, this family home built by David Small Designs is a mix of old and new: the stone exterior belies a modern interior that includes American white oak floors, stark white walls, multiple fireplaces and stainless steel appliances from Miele and Wolf.
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Last year I turned 30, broke up with my long-term boyfriend and moved into a tiny apartment for one. The domestic vision I’d had for my future—marriage, a semi-detached fixer-upper, kids with endearingly arcane names, homemade pie—dissolved overnight. When I tried to reformulate a picture of my future, alone, my imagination failed. Usually when I’m lonely or stressed out, I run. I’ve been running non-competitively for 10 years. It eases my anxieties more effectively than anything else I’ve tried: psychoanalysis, yoga, eBay buying sprees, binges on HBO series, even anti-depressants. When I run, for one blissful unmeasured hour, my brain stops spinning.
Albert Latner made his fortune in real estate, health care and casinos, and lavished his four children with riches. After his wife died, he gave them their inheritance early. Now they’re feuding over the estate, launching lawsuit after lawsuit and tearing the family apart. A cautionary tale about the burdens of love and money
In February 2010, Joshua Latner was alerted by several friends about a photo posted on the Internet. He sat down at his computer, Googled himself and was disturbed to find his picture with the word “loser” scrawled across his face.
Joshua is not, and has never been, a man with a nine-to-five job. An enthusiastic collector of fine wines and rare antiques, he is 49 years old and lives in Zurich with his wife, Kendal, and their two young children. He also maintains residences in Toronto, Key Biscayne and Tokyo and on the Greek island of Mykonos, where he raises chickens and honeybees as a hobby. He inherited $150 million when his father, Albert Latner, a Toronto property developer and entrepreneur, decided to give each of his four children what’s known in high-net-worth circles as the velvet handshake—shorthand for early inheritance.
Bloor and Manning. (Image: Jesse Boles)
It’s said that crisis breeds creativity. Back in the spring, our mayor declared war on graffiti, and faster than you could say “watch where you stick that power hose,” his army of bylaw enforcers began doling out citations to property owners. The problem was that many of the so-called infractions were pieces of commissioned artwork, paid for by those property owners and created by accomplished artists (resist the urge to stereotype: some of them live in Rosedale and Forest Hill). Predictably, the crackdown provoked an increase in vandalism—tags and angry “bombs,” which is slang for the unsightly scrawl that requires little skill to execute and is a costly pain to remove. But it also provoked another response: some can-wielders decided to stick it to the mayor by upping their game.
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