Category Archives: luxury homes

The 5 priciest homes in one of the country’s hottest markets

Take a look at some of the country’s most luxurious homes currently for sale.

These are the most expensive homes currently for sale in and around the country’s hottest housing market.

As someone who covers housing for a living, there’s nothing quite like perusing some good old fashioned real estate porn. I’m sure you faithful readers can agree.

While modern builds with their sky-high windows or hard lofts with their sprawling floorplans are always fun to explore, there’s nothing quite like gandering at some of the country’s priciest homes.

And there seems to be a few more than usual currently on the market.

Pont2Homes, an online agency, rounded up the 10 most expensive homes currently for sale in and around Toronto. Check them out below.

1. A Yorkville Penthouse

Yorkville is one of the most sought-after neighbourhoods in Toronto (there are even rumours that Mike Babcock, current coach of the Toronto Maple Leafs, chose to coach in Toronto over Buffalo due to his wife’s desire to live in the posh ‘hood).

It’s home to some extravagant shopping spots and swanky restaurants; and also to the province’s current most expensive home.

Listed at a cool $36,000,00, this beauty is located at the top of the Four Seasons Hotel.

2. A Bridle Path mansion

“Millionaire’s row” is home to this 10 bedroom behemoth befit for Batman himself.

For a cool $35,000,000, this home includes a 5,000 square foot pavilion, a tennis court, a 50 foot indoor pool, and a hand-carved Louis XV fireplace.

3. A multi-million dollar country home

If city living isn’t your thing, this $24,950,000 equestrian estate in King City may be just what you’re looking for.

The rugged and rich outdoorsman (or outdoorswoman) will surely be drawn to the 80 acre property that is home to a pond and waterfall, skating hut, walnut grove, and groomed hiking trails.

4. A lakefront compound

If one home isn’t enough, this estate in Oro-Medonte is situated on a 17 acre lot with a 525 foot private beach on Lake Simcoe.

The lot is also home to two 12,500 square foot homes.

5. 10 bedrooms in Bridle Path

This estate has its own ballroom, a spa, a salon, and in in-home theatre.

All for the reasonable price of $19,380,000.

Source: Canadian Real Estate Magazine – by Justin da Rosa29 May 2017

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SOLD: Uptown Home Sold For $1 Million Over Asking!!!

With so many house selling way over asking in Toronto these days, the tendency is to declare the expression meaningless. The value of a home, so the argument goes, is better judged by what nearby properties have sold for.

375 Glencairn Avenue TorontoThat’s mostly sound reasoning, but once in a while we get a bit of inside baseball from realtors about Toronto home sales, and this sheds some more insight on the wild prices that are being fetched of late.

375 Glencairn Avenue TorontoThis elegant and well equipped home at 375 Glencairn Avenue, for instance, just sold for $1,165,000 over asking after being on the market for seven days. During that period realtor André Kutyan of Harvey Kalles tells us that 165 people came through the home.

375 Glencairn Avenue TorontoOf the army of potential buyers who toured the property, nine made offers, which drove the price way up from its listing at $3,595,000. Worthy of note is that the listing price mostly reflects the sale prices of other nearby homes sold over the last 30 days.

375 Glencairn Avenue TorontoThe sample size might be too small for this to prove a trustworthy metric (only five other homes sold within 1,500 metres during this period), but one thing’s for sure: there was a ton of interest in this property.

375 Glencairn Avenue TorontoThe Essentials
  • Address: 375 Glencairn Ave.
  • Type: Detached house
  • Bedrooms: 4 + 1
  • Bathrooms: 7
  • Lot size: 50 x 219.66 feet
  • Realtor: André Kutyan
  • Hit the market at: $3,595,000
  • Time on market: 7 days
  • Sold for: $4,760,000
375 Glencairn Avenue TorontoWhy it sold for what it did

This house has a lot going for it. It’s been recently renovated, the enormous basement features a wine cellar, games room, mini movie theatre, and sauna, multiple bedrooms feature en suite washrooms, and the finishes around the house are top of the line.

375 Glencairn Avenue TorontoWas it worth it?

There are plenty of very nice homes in Lytton Park, but this one stands out when compared to recent listings. That alone was likely enough to start the bidding war that drove the price up into the ultra luxury range.

375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto375 Glencairn Avenue Toronto

Lead photo by Realtor


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Canada’s top-5 most expensive homes currently for sale

 

Canada’s top-5 most expensive homes currently for sale
Affordability is a major issue for many Canadians, especially those trying to buy a home in major cities. However, these properties – currently for sale and curated by online real estate company Point2Homes — are in an a class of unaffordability entirely their own.

#1: $42,000,000 — 4351 Erwin Drive, West Vancouver, BC

This 7 bedroom mansion in Vancouver offers oceanfront views of Stanley Park. It also boasts 10,000 square feet and its own private beach.

#2: $38,000,000 — 2106 SW Marine Drive, Vancouver, BC

This property offers views of the Gulf Islands, as well as its own private park and two golf greens on its 4.25 acres.

#3: $30,000,000 — 242004 Range Road 32, Calgary, AB

Making our way east, we find our first property outside beautiful British Columbia. Nestled in the mountains, this 160 acre property offers everything an outdoorsman – and woman – would want.

For those who prefer the indoors, the sprawling home contains a music conservatory (for the young, budding Beethoven, naturally), a two-storey library, and an indoor pool.

#4: $26,000,000 — 12133 No 3 Road, Richmond, BC

Unsurprisingly we’re back in BC, which is home to this five bedroom Tuscan-like villa. While it may not have its own winery, it does offer ponds, gardens, a swimming pool, and a tennis court.

#5: $25,000,000 — 76,84,91 Trail’s End, Lake Joseph, ON

This a dream-worthy cottage on Lake Joseph has its own bar.

But who needs a beer when you can crack a cold beer on that dock?

This is just small sample of the country’s priciest homes. To see the rest, check out the original report by Point2Homes, which includes the country’s most expensive listing: A three home package deal that will run you nearly $50 million.

Source: MortgageBrokerNews.ca – by MBN 16 Mar 2017
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Luxury Living: Not all condo buildings are towers. Meet four mid-rises in mid-town

200 Russell Hill Road is one of the most luxurious condos in Toronto at the moment.

Boutique buildings, especially the luxurious sort, have many advantages over towers: elegant finishes, short waits at the elevator, fewer chance encounters in the hallway and a scale that tastefully tucks into a neighbourhood. Quality control, after all, is inherently more manageable in a mid-rise, where each suite can be coddled and treated as the individual it is, without competing with 699 other units. And so we present a quartet of exceptional small buildings in mid-town Toronto to call home, all within 15 minutes of each other.

200 Russell Hill

Step into the marble-loaded model suite for 200 Russell Hill (200russellhill.com) and your eye shoots up 20 feet to a lacy swirl embedded in the domed ceiling. Which way to go next?

Left to the black kitchen or right to the black kitchen. There are two in the same hue, one contemporary, one traditional, and they’re both glossy and glamorous.

But it would be a shame to bypass the miniature model that sits squarely under said rotunda. It showcases countless trees the size of broccoli florets as a reminder of the forest and the park that makes this site so appealing. If you peer closely at the model, you’ll also notice the front and the back of Rafael + Bigauskas Architects’ design doesn’t match.

“We’ve designed the building with a beautiful, traditional, limestone front, which transforms into a contemporary, minimalist facade around the back,” says Simon Hirsh of Hirsh Development Group of the units that run from 2,000 to 5,000 square feet and are priced from $3.2 million to $11.9 million.

Hirsh Development Group

 

Hirsh Development GroupInterior designer Lori Morris’s model suite shows prospective buyers what they can do.

There’s a reason for the hybrid, Hirsh says. Once the five-storey mid-rise is complete in the fall of 2018, it will complement the sylvan setting. “As you walk along the ravine trail up through the park, you look through the trees where you will see a black, understated building,” he says. The refined design means the trees will eclipse 200 Russell Hill instead of the other way around.

Hirsh stresses the units themselves should be considered as “22 custom homes” given the attention to detail. The enthralling model showcases interior designer Lori Morris’ obvious love of layered and eclectic spaces.

The designer’s signature sass continues indoors, where a gutsy mix of materials prevails: there’s leather on the library walls and kitchen cabinets with raised Rococo detailing as well as gold striping. Buyers needn’t copy the look, Hirsh says. Go Scandinavian with pale woods if you want. And buyers are free to introduce whatever custom finishes they choose without incurring extra costs. Morris says doing this kind of specialty work would be quite different on a tower. “In a smaller building, you can get more intimate, both with what the client wants and you’re able to do more finesse details.”

346 Davenport

 

Freed Developments

Freed Developments 346 Davenport features open-concept suites with floor-to-ceiling windows.

Driving south 10 minutes to the Casa Loma district leads to 346 Davenport Road (346davenport.com). The site is where the mid-rise condo is debuting in 2019 from developer Peter Freed of Freed Developments.

Homes from 1,000 sq. ft. to 4,400 sq. ft. start in the $800,000s and can be combined for true largesse. RAW Design’s vision for the 35-unit building sees a striking marble-like material cascading down the front, as well as vertical landscaped green elements. Acclaimed firm Burdifilek will design the interior and common spaces.

The area is close to the developer’s heart. “I love this neighbourhood. It’s such a core part of our city,” Freed says. “My parents live in the building next door, so it’s been an intimate part of my life.” The luxury market could use a boost, he continues. “The user market with larger units is under-served in the city. Over the past decade, most of the larger projects offer 300 to 700 units; most of which are very small units, which cater more towards rental markets.”

This project promises to pamper the private dweller. “Units are open-concept with very high-end finishes, it’s going to be really stunning,” Freed says of the building that boasts expansive floor-to-ceiling windows and balconies big enough to lounge in.

The Davies

 

Brandy Lane Homes

Brandy Lane Homes A view into a suite at the Davies from the elevator.

Drive 10 minutes east to Summerhill to take in The Davies by Brandy Lane Homes (thedavies.com). The nine-storey, 36-suite condominium overlooks Robertson Davies Park, and has a move-in date of Fall 2018. Suites sized from 1,105 sq. ft. to 2,900 sq. ft start from just over $1 million in a curved building that feels very art deco.

“Right-sizing is big here,” says David Hirsh, president of Brandy Lane Homes of the design by SMV Architects. “We started with 44 suites (36 regular and eight penthouses) and now we have 11 penthouses and 25 suites. One custom suite is 3,000 sq. ft., which is perfect for the empty-nester who wants room to spread out.” Hirsh also recently added a guest suite to the main floor, which is unusual for a building of this size and is a definite bonus for those hosting overnighters.

“We wanted to build an iconic building that completed the existing established neighbourhood,” Hirsh says.

 

Brandy Lane Homes

Brandy Lane Homes The Davies overlooks Robertson Davies Park on Avenue Road.

It took a while to get the project going on Avenue Road just north of Dupont, says Hirsh, noting the effort was well worth it. The response from the public has been great and Brandy Lane has already made modifications to the original design to meet buyer demands. “The design development was extensive and took more time that conventional projects,” he notes.

Crowning the project, a spectacular rooftop terrace means those decamping from a house won’t miss their backyards. This one features private areas where you can catch some rays with a book and communal couches for chatting over drinks.

The Hill and Dale

Old Stonehenge Development / Clifton Blake

 

Old Stonehenge Development / Clifton Blake The view down Yonge Street from one of the Hill and Dale terraces.

Ten minutes east leads to Hill and Dale (hillanddaleresidences.com), a heavily glassed building with street-level shops and office space at the corner of Yonge and Roxborough. Designed by the architectural firm Studio JCI with interiors by Chapi Chapo for Old Stonehenge Development with Clifton Blake, the 17 custom-crafted residences start at $2,195,000 for over 1,500 sq. ft and can be combined up to 6,000 sq. ft. There are only five units left; occupancy is slated for 2018.

Suites grace the top three floors of the building and are for the design-savvy: Those who gravitate to graceful opulence over loud lavishness will love, for instance, kitchens by bulthaup, the architect’s go-to.

“These aren’t flashy, which isn’t our interest,” says Paul Johnston, a salesperson with Right at Home Realty. “Our buyers really care about finishes, which is why we’ve gone to the extreme of using bulthaup.”

Old Stonehenge Development / Clifton Blake

 

Old Stonehenge Development / Clifton Blake Suites will have floor-to-ceiling views over low-rise residential neighbourhoods and the their tree canopies.

He adds, “The building has such a refined level of construction we’re allowing 10 months just for the finish of the individual suites.”
Life in a boutique building is wonderful for the luxury buyer, Johnston adds. “There’s something in the idea of luxury that has to do with scale and privacy that the highrise business can’t aspire to.”

So for those who aren’t interested in dawdling by an elevator in a tower or “renovating a creaky Victorian,” as Johnston puts it, a luxurious mid-rise suite in a distinguished neighbourhood is a very wise move indeed. But better get in quick — there aren’t many of them around.

 

Source: Iris Benaroia, Special to National Post | November 17, 2016 3:18 PM ET

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Here’s what $1.8 million will get you in Charlottetown

This 1939 home on the Charlottetown Harbour is known as the George DeBlois House, named for its first owner, the 27th Lieutenant Governor of Prince Edward Island. It has 200 feet of waterfront, and magnificent views of Victoria Park and out along the protected waters of the harbour. This grand home sits on a little over half an acre, with a lovely semi-circular columned verandah on which to sit and watch the marine activities.

Key details:
• 5,431 sq. ft.
• 6 bedrooms, 4 baths
• $1,800,000
• MLS ID # 201621143
• Joe Lisi, Century 21 Colonial Realty, 902-393-4735
• See the Century 21 listing here

Century 21 Colonial Realty

The 20×18-foot formal dining room features built-in china cabinets and a niche for the sideboard, as well as a window bench. Notice the deep mouldings and trim throughout the house.

Century 21 Colonial Realty

The living room, at 20×25-feet, is spacious enough for large parties, but seating areas can be arranged to make it feel more intimate, such as, say, just a tête-à-tête around the fireplace, with its hand-carved mantel.

Century 21 Colonial Realty

Just look at that window bench. This bedroom has wood floors in immaculate condition, and more closet space than was the norm in 1939.

Century 21 Colonial Realty

A second-floor sunroom leads off this large bedroom, which sports another of the home’s fireplaces.

Century 21 Colonial Realty

A boardwalk runs along the edge of the waterfront, while rocks protect the shoreline from erosion in winter.

Century 21 Colonial Realty

The porch is a comfy spot for sitting in out of the sun and catching up on a good book. Little children (or dogs) can be corralled here for safety’s sake, while the rest of the terrace is open and features another seating area open to the sun.

Century 21 Colonial Realty

The house is a Charlottetown landmark, with its elegant façade and imposing demeanour. Its proximity to downtown means it’s just a few minutes’ walk to cafés, restaurants, shops and services.

Watch the video here…

Source: National Post Shari Kulha | October 13, 2016 | 

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Detached home prices in Toronto rising by $550 per day

cabbagetown-house

Want to earn $550 a day, literally from the comfort of your own home? All you need to do is buy a detached home in Toronto.

That’s according to Huffington Post Canada, who analyzed the latest report from the Toronto Real Estate Board (TREB) to calculate the stunning figure.

The data comes from a TREB home sales and price report released last week. The board reported that the sale price for a single-detached home hit $1,257,958 in April, up 18.9 per cent over the same time last year. Huffington Post Canada crunched the numbers to find that the price increase translates to growth of $16,820 per month. That’s $550 on a daily basis.

“Or put another way, every day you delay buying a house in Toronto will cost you another $550,” wrote Huffington Post’s Daniel Tencer.

Huffington Post also calculated the price growth for the city’s condo market, which saw the average sale price hit $436,545 in April, a 7 per cent increase over the previous year. That works out to $2,411 per month or $79.26 per day.

April was a record breaking month for Toronto home sales. The 12,085 sales in the Greater Toronto Area were the most ever recorded in the month of April, according to TREB.

In a statement, TREB’s market analysis director Jason Mercer indicated that he expects prices to continue to climb through the spring.

“As we move into the busiest time of the year, in terms of sales volume, strong competition between buyers will continue to push home prices higher,” he said.

Source: BuzzBuzzHomeNews  | MAY 9, 2016

 

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For $13M, you can party like it’s 1999 in Prince’s former Bridle Path mansion

Perfect for the ultimate Prince fan.

An opulent Bridle Path mansion in northern Toronto formerly owned by Prince is on the market for the cool price of $12,788,000.

Prince's Bridal Path home is for sale

The iconic pop star died Thursday at the age of 57 at his home in Minneapolis, Minn. The cause of death is not yet known.

Prince was a long-time resident of Toronto, a city he called “a melting pot in every sense of the word.”

Prince's Bridal Path home is for sale

In 2001, Prince married Torontonian Manuela Testolini, and reportedly did much of the recording work for the 2004 album ‘Musicology’ in Toronto.

The listing for Prince’s Bridle Path home describes it as “a world class luxury residence” that boasts over 14,000 square feet of living space, a “dramatic floor plan” and “a majestic ambience for entertaining.”

Prince's Bridal Path home is for sale

Known for his ping-pong prowess, the estate also features a private tennis court, and an “award-winning pool” on a two-acre gated estate.

A perfect place to park your little red Corvette.

Source: 680 News Apr 22, 2016 3:01 pm EDT

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