Chestnut Park Real Estate Ltd, Brokerage
HELEN BRAITHWAITE - BROKER
Chestnut Park Real Estate Limited, Brokerage.
1300 Yonge Street, Suite 100 Toronto, Ontario M4T 1X3
416-925-9191 | 416-561-3114 helenbraithwaite@chestnutpark.com

Toronto Luxury Real Estate: 129 South Drive an Elegant South Rosedale Home


129 South Drive

Offered for Sale at $4,495,000

About the Home

129 South Drive is a hidden Edwardian gem in the heart of South Rosedale. The grandeur of this heritage home is apparent the moment you step inside and see its classic elegance, spaciousness, and the quality of the finishes. Grand and gracious principal rooms retain the old-world charm and blend with modern day living in the kitchen and main floor family rooms. The home was renovated by Walden Homes commencing in 2005, and further renovations and improvements continued over the years making this a fully turnkey opportunity in a coveted neighbourhood! The home has been impeccably maintained and is ready to be passed on to another family to enjoy for many years.

  • 3,695 square feet above grade and a finished lower level of 1,570 square feet providing a total living space of 5,265 square feet (Real Floor Plans 2023)

Links to 129 South Drive floor plans:

Main Floor

Foyer and Hall

  • Slate tiled front entrance vestibule with baseboard heating
  • Mafi oiled white oak chevron floors from Austria
  • Original staircase retained adding elegance to the foyer
  • Stained glass window on stairs, circa 1903
  • Linen closet on stair landing

Living Room

  • This space is an elegant blend of old-world charm and transitional living
  • Custom built fireplace with ornamental stone mantel and surround (currently decorative as the fireplace was capped, but could be restored if desired)
  • Mafi oiled white oak chevron floors
  • Antique chandelier restored by Turn of the Century lighting
  • North and west windows provide wonderful natural sunlight to the space
  • Painted wood panelling adds a lovely design detail
  • Built-in bookshelves to showcase books and other collectibles

Dining Room

  • This dining room is the perfect dinner party venue!
  • The dining table can currently accommodate 12 people. The current owners have hosted 18
  • Original (1903) plaster moulding
  • Mafi oiled white oak oiled chevron floors
  • Granite-topped bar cabinet also provides storage for linens, glassware, and entertaining serve ware
  • East window provides natural light to the room
  • A swinging door provides access to the kitchen and is original to the home, circa 1903

Kitchen

  • The current owners are avid cooks and the kitchen was designed with the utmost function in mind
  • Rosedale Kitchens custom cabinetry
  • Black honed granite countertops
  • A large undermount stainless steel sink has an instant hot water tap and garburator. The sink is nicely centred under a large west facing window
  • Chef’s island provides generous food preparation space as well as breakfast seating and secondary sink for convenience
  • Chef’s desk with upper glass cabinets, bulletin board and double pen drawers
  • Chevron marble backsplash installed in 2023
  • Oak hardwood floors with tung oil finish
  • Four-shade under-cabinet halogens replaced in 2022
  • Island light fixture installed in 2022
  • Appliances include: Dacor warming drawer, Marvel beverage fridge, Wolf 36” dual fuel, six-burner gas stove with electric oven convection option, Fisher & Paykel refrigerator (2018), Miele dishwasher (2021)

Main Floor Family Room

  • A wonderful spot to sit back and relax overlooking the south-facing English-inspired garden
  • A wood burning fireplace with wood mantel and French marble surround and hearth
  • Built-in bookcases and cabinets for storage
  • French doors with matching screen doors with walk-out to the terrace and garden
  • Oak hardwood with tung oil finish to match chevron floors
  • South-facing windows for ample natural light
  • Open to both dining room and kitchen

Main Floor Powder Room

  • Pedestal sink
  • Toilet
  • Discreetly located off main floor foyer near the kitchen

Second Floor

Principal Bedroom

This elegant room has retained much of the home’s original character yet has modern updates.

  • An elegant “Annex” fireplace mantel adds warmth to the decor. (Currently decorative though there is a gas line. The chimney was capped so work is required to properly vent the fireplace)
  • Sash windows replaced in 2018 offer both north and east exposure
  • Accommodates a king size bed
  • Oak hardwood floors
  • Walk-in closet with built-in storage

Principal Ensuite Washroom

  • Bathroom was originally renovated in 2010 and was updated in 2022
  • Statuario inspired tile throughout
  • Painted vanity has two undermount sinks and white Ceasarstone countertops
  • Large built-in mirror across the vanity with modern sconces
  • Heated floors
  • Spa-inspired shower with glass enclosure
  • North window provides natural light
  • Potlights
  • Toilet

Second Bedroom 

  • East window with California shutters
  • Oak hardwood floors
  • Double wall-to-wall closets provide excellent storage
  • A dedicated washroom is across the hall

Family Bathroom – dedicated to the second bedroom

  • Large glass-enclosed shower with marble tile wall
  • Basketweave marble tile floors throughout
  • Dark vanity with marble countertop and undermount enamel sink
  • Large built-in mirror
  • Heated floors
  • Toilet
  • West window

Third Bedroom

  • South-facing windows create a light-filled room
  • Oak hardwood floors
  • In 2022 the room was reconfigured to accommodate a large walk-in closet on the east wall
  • Floating shelves to showcase art, books, or toys

Third Bedroom Ensuite


  • Statuario inspired tile throughout
  • Deep freestanding soaker tub perfect for bubble baths!
  • Black faucets to create a dramatic contrast to the light fixtures
  • Glass-enclosed shower
  • White painted vanity with marble countertop and undermount white enamel sink

Second Floor Landing

  • Provides a great spot for a desk area and includes a large closet for storage of files, linens, etc.
  • Oak hardwood floors
  • Second linen closet

Third Floor

This floor is a flex space. It currently provides a wonderful work from home area, coupled with an upper family room with a walk-out to a deck that provides southerly treetop and city views. It could easily be converted into two additional bedrooms.

  • A bank of built-in bookshelves provides plenty of storage
  • Built-in bulletin board for organisation
  • Gas fireplace with wood mantel and marble surround
  • North and south-facing windows
  • West skylight provides wonderful natural light
  • South-facing French doors with walk-out to deck
  • Oak hardwood floors
  • This space could be divided for more bedrooms
  • Supplemental Panasonic wall unit for both heating and air conditioning
  • Deck floor was replaced in 2021

Lower Level

Gym

  • Mirrored wall
  • Wood laminate flooring
  • High ceilings making the space conducive to cardio, cross-fit training, or weight training
  • Accommodates multiple pieces of cardio and weight equipment
  • North window
  • Ventilated
  • Custom cabinetry for storage
  • Window allows light into the other area of the lower level. 

Laundry

  • Samsung washer and dryer
  • Built-in cabinetry with plenty of counter space
  • A spacious room to allow for ironing, folding, and organising
  • Could also double as a craft room or workshop

Recreation Area

  • Wood laminate flooring
  • Built-in bench
  • Storage room

Back Room

  • Wood laminate flooring
  • Lots of storage in closets and built-in bookcase
  • South-facing window
  • Upper storage nook
  • Bedroom potential
  • Cold room storage

Lower-level Bathroom

  • Vanity
  • Tiled shower with built-in bench and glass wall, with a shower head that doubles as a hand-held providing a pet cleaning station if required
  • Marble tiled floors
  • Toilet
  • Could be nanny/in-law suite bathroom

Notable upgrades to the home:

  • A main floor renovation included a reconfiguration of the space increasing the kitchen size, moving basement stairway to the side of the house, and creating a main floor family room with wood burning fireplace, and converting a fourth bedroom into a master ensuite and walk-in closet, 2005
  • Second floor renovation which included adding office space and renovating family bathroom, and opening up the third floor staircase to compliment main floor heritage staircase, 2010
  • Bathroom for the second bedroom was completed in 2010
  • Removal of the stucco facade and restoration of the handsome red brick facade at the front and sides of the home, Bell Construction, 2016
  • Living room gutted, re-insulated and redesigned including new wall panels, Walden Homes, 2017
  • Living room fireplace, custom built stone mantel and surround, Tartaruga Design, 2017 
  • Mafi white oak chevron floors from Austria installed 2017 in living room, dining room and front foyer. Kitchen and family room oak floors were refinished to match
  • Updated master ensuite, 2022
  • In 2021 the fence, shed, gate, and pergola were replaced as per original 2006 design
  • Landscape lighting and irrigation system in both front and back gardens
  • Gardens were refreshed in 2017
  • Back terrace and stone steps re-leveled and repointed in 2021
  • Reconfiguration of the third bedroom to accommodate a large closet and full ensuite renovation, 2022
  • Third floor gas fireplace and built-in bookcases installed, 2010
  • Basement waterproofing on roughly 75% of the basement with an internal membrane.  Back basement room is waterproofed with external weeping tiles.
  • Central air conditioning approximately 18 years old
  • Panasonic Slim Jim heating and cooling installed on the third floor, 2010
  • Sump pump was installed 2009 and was last serviced 2019
  • New furnace, 2021
  • New roof, 2014
  • New third-floor deck, 2021
  • New eavestroughs and screens installed, 2020
  • 200 amp electrical service
  • Rogers smart system security throughout the house with a camera at front door and phone app

About the Property

129 South Drive has been professionally landscaped with an English-style garden. The front garden has a tasteful assortment of plantings. The centre bed is planted with Virginia bluebells and English ivy surrounding three hazel trees. A pebble path and yew hedges provide complete privacy from the street.

The rear garden is a sophisticated yet low maintenance urban oasis continuing in the English-style garden theme. Landscape architect Amy Turner designed the gardens, pergola and shed in 2006. The garden shed is inspired by a Japanese lightbox that provides illumination of the garden. It complements the discreet garden floodlights providing the perfect ambiance for summer evening entertaining. A centre terrace under the mature kiwi vine-covered pergola is surrounded by beds planted with perennials including multiple species of Japanese ferns, a Japanese maple, dogwood trees, oak-leaf hydrangea, hostas, and astilbe with daffodils in the spring. Perimeter boxwood hedge (replanted 2022) surrounded by shade beds of English ivy and Solomon’s seal. The garden is surrounded by mature oak, elm and maple trees that provide a green canopy all summer and spectacular colour in fall.

Other Property Information

  • Lot size 32 x 120 ft (irregular lot)
  • Legal one-car parking, no licence required as it precedes the parking pad application era. It is listed as a legal spot on the City of Toronto front yard parking list
  • Hot Water Heater is rented for $33.50 per month and there is a monthly service plan of $39.99
  • Annual property taxes $15,469 (2022)
  • Heritage “C”-rated property in the neighbourhood of South Rosedale
  • A Carson Dunlop pre-home inspection is available for review Link: Summary  and full report 

Virtual Tour

About the Neighbourhood

129 South Drive is in the heart of South Rosedale! The home is just steps to the beautifully restored gates of Craigleigh Gardens, providing access to the park that was formerly the site of Sir Edmund Osler’s “Craigleigh” property.  Beside the park is Milkman’s Lane, a path that connects to the extensive Rosedale-Moore Park ravine system. Visitors enjoy walking, cycling and a true escape from city life right at their doorstep including the Evergreen Brick Works, a combination nature preserve and event space.

Rosedale is a unique neighbourhood as it has a quiet suburban feel yet it is a mere fifteen minutes to downtown Toronto by car or subway. The Rosedale bus stop is located steps away for those aspiring to leave a greener footprint.

The shops and restaurants on Yonge Street and Roxborough Street are a walk away.  The choice is incredible: Greenhouse Juice, Sorrel, Avant Gout, Quanto Basta and Terroni to name just a few. One can enjoy a walk to the flagship LCBO, created from a former train station just up Yonge Street a few blocks. Harvest Wagon, Pisces Fish, Nadege, and Olliffe Butcher Shop are the perfect spots to shop for ingredients when hosting a dinner party. There is a wonderful assortment of high-end fashion boutiques and home accessory stores from Crescent Road up to Woodlawn Avenue. Clementine’s, Tuck Shop Trading Co., Putti, Wolf and Moon, Thursdays, Narwhal Boutique, and Absolutely are all popular shopping spots. Juno Vet has just opened on Yonge Street for any of your pet needs.

Just down the street from the home is Rosedale Presbyterian Church. Rosedale United Church and other places of worship are also nearby. Mooredale House, the local community centre, offers a variety of programs and is close by on Crescent Road. The Toronto Lawn and Tennis Club, a private sports club, is nearby and the Granite Club is a quick drive up Bayview Avenue.

Across the Glen Road Bridge to North Rosedale there are the conveniences of Summerhill Market, Rosedale’s Finest, Dolce Moda, two dry cleaners, a flower shop, a design store, and a veterinary clinic.

For those looking for high-end shopping and further fine dining choices, Bloor Street’s Mink Mile and Yorkville are a mere two kilometres away.

Branksome Hall School, a private girl’s school, is a short walk away as well as Rosedale Junior Public School which has a 9.9/10 rating by the Fraser Institute.


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Toronto Luxury Real Estate: Twelve Days of Giving

Over the past few years, we have celebrated “Twelve Days of Giving” by making donations over a period of twelve days to various charities that are close to our hearts. We are very grateful for our success in real estate and are happy to give back to local charities, especially in these times of economic uncertainty. Below you can read about the organizations we are supporting this year.

First Day of Giving

Canadian Cancer Society

This donation was made in memory of my father KEITH BRAITHWAITE. We lost him this past year after his battle with cancer and I feel this is a cause that continually needs our support. Though the treatment curbed the cancer, he never bounced back afterwards. I think that more research is required to figure out how to cure cancer without the negative long-term effects of the treatment. We have made amazing progress and with further funding we can hopefully cure this insidious disease.

Second Day of Giving

Toronto Sick Kids Hospital

With the news of this hospital being beyond capacity due to the combination of COVID, flu and RSV, it is clear that continued support is needed. Sick Kids is world-renowned, and a celebrity message is helping to get the word out.

Ryan Reynolds continues his campaign to raise funds for this amazing hospital. “Ryan’s ugly/not ugly holiday sweater is back. And this year it’s talking – asking you to join Ryan in bringing joy to kids in hospital by donating. Donate before midnight on December 24, and friends at Samsung will match your donation for double the impact.​”

Third Day of Giving

Campfire Circle

Campfire Circle is the new name for the now-amalgamated Camps Oochigeas and  Trillium, both of which offer programs for children with cancer. They not only provide summer camp for these kids but also provide bedside craft kits and run camp-style programs within the hospital to help distract these children from their battle.

Fourth Day of Giving

Canada-Ukrainian Foundation

Early in 2022, Ukraine was invaded by Russia and there appears to be no end in sight. So many Ukrainians have been displaced and some have sought refuge in Canada. A donation can be directed to Ukraine to assist those left fighting or funds can be directed to help those who fled to Canada. Supporting Ukraine is so important as this invasion challenges our freedoms and democracy.

Fifth Day of Giving

The Stop Community Food Centre

The Stop is more than just a food bank. It provides drop-in meal programs, a healthy food bank, perinatal support, good food markets, community kitchens, healthy cooking demonstrations, nutritional counselling, housing and legal advice. They also offer workshops on tenant and employment rights, movie screenings, arts and crafts, as well as urban gardens to provide fresh produce to those in need. I continually feel this is a wonderful organization to support.

Sixth Day of Giving

Daily Bread Food Bank

With inflation so high and access to healthy food becoming more difficult, we continue to donate to food banks. Inflation is outpacing pay raises and rents are skyrocketing to the extent that more and more people are visiting food banks. By the end of 2022, there will have been over 2 million visits to food banks in the City of Toronto. The Daily Bread Food Bank supports inner city neighbourhoods where many are struggling to put food on the table.

Seventh Day of Giving

Jack.org

Mental health and depression continue to be prevalent in kids, especially when they head off to university. The staggering fact is that suicide remains the number one cause of death among our youth. “Jack.org is Canada’s only charity training and empowering young leaders to revolutionize mental health in every province and territory.” They host talks and have chapters within communities to talk openly about mental health issues.

Eighth Day of Giving

Toronto Foundation for Student Success

One in four kids lives in poverty in Toronto.  Many of these kids go to school hungry. The Toronto Foundation for Student Success (TFSS) provides programs to assist children struggling. They offer student nutrition programs, “Beyond 3:30pm” after school programs, vision and hearing clinics, and an emergency fund to provide financial support in emergency situations.

Ninth Day of Giving

Stella’s Place

Stella’s Place provides mental health services to youth between the ages of 16-29 living in Toronto. This organization helps those suffering from anxiety, depression, self-esteem issues or coping with trauma, life transitions and sexuality struggles.

Tenth Day of Giving

YWCA 1st Stop Woodlawn

We park on Woodlawn when we go to our Chestnut Park office. The 1st Stop Woodlawn residence run by the YWCA is located on this quiet tree-lined street. 1st Stop is an emergency shelter for women who are homeless or in distress, and supporting them is a wonderful opportunity to support a charity right in our neighbourhood. The residence provides 72 private rental rooms for women and gender-diverse individuals. They also  provide free breakfasts and subsidized dinners, a community kitchen, an outdoor garden, and financial planning workshops. With affordable housing becoming a challenge, it is nice to know the YWCA offers options for those who can’t afford accommodation in Toronto.

Eleventh Day of Giving

Salvation Army

Over 2.6 million people were helped by the Salvation Army last year. People in need received food, clothing and/or practical assistance, and 5,500 shelter beds were provided for people in need.

Twelfth Day of Giving

CTV Toy Mountain

So many kids don’t receive gifts under their Christmas trees, so it’s always nice to donate to the Salvation Army as they help to provide toys to kids in need. You can also drop off an unwrapped toy at various locations in throughout the City of Toronto and surrounding areas.

We wish everyone a joyous holiday season! Please remember to give generously to those in need.


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Toronto Luxury Real Estate: Market Report October 2021

Prepared by: Chris Kapches, LLB, President and CEO, Broker


As forecast in our September Market Report, sales have continued to decline on a year-over-year basis. In October 4,961 properties were reported sold in the greater Toronto area, almost 50 percent fewer than the 9,743 properties that changed hands last October. The decline in sales is a continuation of a pattern that started in March when the Bank of Canada began its fight against inflation by increasing its benchmark rate. The Bank further increased the benchmark rate by 0.5 percent in late October bringing the current rate to 3.75 percent. In early March the rate was 0.25 percent, an eyepopping increase of 1,400 percent.

Notwithstanding these incredible rate increases, which in turn have been reflected in rising mortgage interest rates, which currently range between 5.25 to 5.75 percent, there are aspects of the resale market that reflect its underlying strength and resilience. Although average sale prices are substantially lower than in February, over the last few months they have stabilized, and in fact are slowly rising.

Average sale prices hit a low of $1,074,052 in July. At this point rising mortgage interest rates were still being absorbed. Since then average sale prices have increased by almost 1.5 percent to $1,089,426, inspite of further mortgage interest rate increases.

Similarly, the number of monthly reported sales has also stabilized.

Monthly sales have plateaued around 5,000, again notwithstanding the impact of the rising benchmark rate and, even more surprising, the rise in average sale prices, albeit moderately, over the same period.

It should also be noted that the number of properties coming to market have also been decreasing. In October 10,390 new listings were posted on the Toronto Regional Real Estate Board’s MLS system, almost 12 percent fewer than the 11,749 listed last October.

Granted the number of reported sales is consistent with the reported sales in 2008 during the catastrophic downturn in the equity markets, these three – factors stabilized sales, rising (moderately) average sale prices, and the declining number of new properties coming to market – portend what will happen to the Toronto and area resale market at the first sign that mortgage interest rates have stabilized, and more importantly when they reverse and start heading downward. When that happens the market will dramatically accelerate, returning to a pace reminiscent of pre-pandemic levels. Based on the Bank of Canada’s most recent pronouncement on the economy and inflation, that should happen by the second quarter of 2023. The Bank indicated that by the end of next year inflation should be reduced to 3 percent returning to 2 percent by 2024.

 

 

On November 1st, the Federal Government announced that it is planning a massive increase in the number of immigrants entering Canada, with a goal of bringing 500,000 new immigrants to this country by 2025. In the interim, over 400,000 new immigrants will be entering Canada in each of 2023 and 2024, and close to half of them finding their way to Ontario. All of these factors point to the resurgence of an incredibly strong resale market in the greater Toronto area. Notwithstanding the recent provincial government announcement of legislation designed to increase supply (More Homes Built Faster Act, 2022), optimistically by 1.5 million homes over the next decade, demand will painfully outstrip supply, creating pandemic-like resale market conditions.

 

Looking ahead to the end of 2022, what we have been experiencing, both in terms of sales and average sale prices and as setout in the charts in this Report, will continue with little change, except for a further seasonal slowdown in December and January of 2023.

 


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Toronto Luxury Real Estate: 6 Edgewood Crescent ~ a North Rosedale Gem

Offered for sale at $3,499,000

6-Edgewood-Crescent Full photos and Virtual Tour

Casual elegance abounds the moment you enter the front gate of this lovely, bright and spacious property. The handsome brick home, elegantly landscaped garden and charming front veranda offer excellent curb appeal. This turnkey North Rosedale home was renovated in 2009 by designer Stacy McLennan and was featured in November 2013 holiday edition of Style at Home magazine. Situated on one of the best cul-de-sacs in Rosedale, there there is a strong sense of community among the wonderful neighbours, and the home is a convenient walk to parks, schools, ravine trails, and the shops on Summerhill Avenue. With nearly 3000 sf of above-grade space, this charming and tasteful home is the perfect entry into this signature neighbourhood for a growing family or could be a generous pied-à-terre for a couple.

4+1 Bedroom

5 Bathroom

Inclusions: Sub-Zero integrated side by side refrigerator, Capital gas stove, Marvel wine fridge, Bosch dishwasher, Electrolux washer, LG dryer

Exclusions: All furnishings, art and primary suite drapes


Notables:

  • Second floor family bathroom completed 2004
  • Extensive renovation and extension in 2009, designed by Stacey McLellan 
  • Kitchen custom designed by Stacey McLellan with Jack Medland custom cabinetry 
  • Family room extension with new windows overlooks sunny west yard
  • Basement extension with waterproofed walls  
  • Principal spa bathroom designed by Stacy McLellan
  • Principal walk-in closet extension
  • New heat pump 2022 to service space pack air-conditioning
  • All new windows that are a mix of double and tripe glazed
  • All leaded glass windows were installed by current owners with a neutral colour palette for a more modern feel
  • Newer streamlined modern radiators installed some of the home
  • Unique exterior brick provides the charm and elegance of an English country home
  • Hot water tank is owned and purchased in 2017
  • Alarm system

Main Floor 

The main floor layout is perfect for modern-day living. An elegant, formal living room at the front of the home was retained, while the rest of the layout was transformed into a tasteful, functional, open-concept space. 


Living Room 

  • Provides a spot for formal entertaining
  • Stately wood-burning fireplace with wood mantel and stone inlay
  • East bay window overlooks the pretty front garden and streetscape
  • Hardwood floors
  • Crown molding

Dining Area

  • Open to both the family room and the kitchen for easy entertaining
  • Large south-facing windows 
  • Hardwood floors

Family Room 

  • Light-filled with south, west and north Loewen windows
  • French doors provide a walk-out to the deck and landscaped garden 
  • Hardwood floors 

Kitchen

  • Open to dining area
  • A series of upper south windows provide abundant light while retaining privacyKitchen
  • U-shaped layout perfect for cooking, meal preparation and socializing
  • Generous island provides additional counter space as well as seating in the centre 
  • A deep stainless steel farm sink centered under the window provides a lovely back garden view
  • White custom cabinetry with chrome hardware and soft-close drawers designed by Stacy McLellan and produced by Jack Medland
  • Granite countertops
  • Integrated garbage compartment
  • Pantry cupboard with pull out drawers 
  • Shelves for cookbooks and microwave 
  • Hardwood floors

  • Appliances: Integrated Sub-Zero side-by-side refrigerator, Bosch stainless steel dishwasher, Capitol stainless steel gas range, Panasonic stainless steel microwave

  • Two-piece powder room is located discreetly off the front foyer
    • Pedestal sink 
    • Toilet 
    • Towel bar
    • Leaded glass window
    • Tile floor

 

Second Floor 

The Primary Suite

  • Easily accommodates a king-size bed and two side tables
  • Hardwood floor
  • West windows provides garden views
  • Built-in desk/vanity nook with mirror 
  • Double mirrored doors open to a generous and light-filled walk-in closet with the south-facing window centered in the space providing abundant light  
  • Closet has custom built-ins providing ample storage for clothes and accessories

 The spa-inspired primary bathroom is extremely spacious and the perfect spot to unwind after a long day! 

  • Curvaceous freestanding acrylic soaker tub centered under window providing garden views
  • Marble inlaid tile is integrated with larger porcelain tiles to provide visual interest yet maintain a calm ambience 
  • White painted-wood double vanity with marble countertop 
  • White painted-wood frame double mirrors with integrated light sconces 
  • Two skylights allows natural light to flood into the room throughout the day
  • Separate generous glass and marble shower enclosure with built-in marble bench seat, both rain and conventional shower heads 
  • Toilet is tucked behind a wall a wall for privacy
  • Heated floors

Second Bedroom

This spacious room is a flexible space. It was [are you staging this as a bedroom? If not, then say “is being” rather than “was”] used by the current family as an upper family room and office, but it also makes a wonderful spot for a bedroom   

  • Ample natural light with two sets of east-facing bay windows 
  • The wood-burning fireplace with integrated built-in cabinetry adds a focal point to the space and creates a great seating area 
  • Hardwood floors

Family bathroom

  • Ceramic tile floor 
  • Dark wood vanity
  • Limestone countertop
  • White ceramic vessel sink
  • Chrome faucets and hardware 
  • Mirror
  • Frosted-glass south window 
  • Large glass shower enclosure with ceramic tiles and stone bench seat

Third Floor

It is nice to know your kids are safely tucked in above you and these rooms are the perfect size for little ones to grow into! As they become teenagers, I think they appreciate the independence. 

Third Bedroom 

  •  East windows 
  • Double closet 
  • Light oak composite floors

Fourth Bedroom

  • West window
  • Light oak composite floors
  • Closet

Third Floor Family Bathroom

This bathroom has been recently updated with a new shower enclosure  

  • Crisp white wall tiles complement the marble shower floor tiles
  • Bold black faucets and hardware add a statement to the space
  • White cabinetry and white laminate countertop
  • Ceramic sink 
  • White floor tiles
  • Please note glass shower enclosure will be installed shortly 

Lower Level


The recreation area is flexible with a spacious TV area for kids or adults as well as enough space for a desk area or a pool table.

  • Broadloom
  • South windows 
  • Laundry Closet with north window
  • Electrical Panel closet and storage

Room for the Peloton

Lower Bedroom

  • North windows
  • Closet
  • Broadloom
  • Nanny suite potential

Three-piece Washroom 

  • Renovated 2006
  • Pedestal sink new 2022
  • Ceramic tile floors
  • Bain Ultra spa soaker tub with jets and coloured lights for a little fun at bath time that is combined with shower 
  • Services both the lower level bedroom and recreation area

Storage Room

Utility room has a laundry sink and additional storage potential 

The Property

30 by 145 lot size

  • Professionally landscaped garden with amazing outdoor living space  
  • Tasteful stone-scaped paths and patio 
  • Stunning concrete outdoor gas fire pit creates outdoor living area under vine covered trellis 
  • Multiple outdoor areas provide space for both outdoor dining and living
  • A wonderful front veranda provides another outdoor seating area and is the perfect spot to enjoy your morning coffee, a summertime drink or time with neighbours 
  • Fully fenced yard, both front and back  
  • Rear yard water faucet off the back deck supplies one warm and one cold water to easily clean canine friends 
  • High-end landscape lighting front and back controlled through a phone app
  • In-ground sprinkler system front and back
  • One-car garage newly constructed in 2004 accessed through a laneway off Jean Street
  • One-car street permit parking for a second vehicle 
  • An excellent pre-home Inspection is completed and available for review (the only matter noted on the summary was that the shingles on the garage are at end of life) 
  • Survey is available for review
  • Taxes: $13,679

The Neighbourhood

6 Edgewood Crescent is in the heart of North Rosedale and just steps to Chorley Park, a tranquil jewel in the city. Just below the park is Evergreen Brick Works, a combination nature preserve and event space. The Brick Works offers a weekend farmers’ market, casual fine dining at Café Belong and a garden center.  It is the perfect spot for a nature walk on the Brick Work trails and there are a variety of interesting events hosted throughout the year. Chorley Park also connects to the extensive Rosedale-Moore Park ravine system where you can enjoy walking, cycling and a true escape from city life right at your doorstep.

Rosedale is a unique neighbourhood as it has a quiet suburban feel yet it is a mere fifteen minutes to downtown Toronto by car or subway.  North Rosedale truly is country living within the city! The Rosedale bus stop is located nearby for those aspiring to leave a greener footprint.

North Rosedale offers the conveniences of Summerhill Market, Rosedale’s Finest, Dolce Moda, two dry cleaners, a flower shop, a design store, and a veterinary clinic all located a short walk away on Summerhill Avenue. Rosedale Park is a few blocks away and has a playground and areas for ping pong, soccer, tennis, and baseball, plus skating in the winter. 

If you are in the mood for a nice walk, the shops and restaurants on Yonge Street and Roxborough Street are approximately two kilometers away. Rosedale United Church is nearby, and many other places of worship are in proximity. Mooredale House, the local community center, offers a variety of programs and is nearby on Crescent Road. The Toronto Lawn and Tennis Club, a private sports club, is nearby and the Granite Club is a quick drive up Bayview Avenue. 

For those looking for high-end shopping and further fine dining choices, Bloor Street’s Mink Mile and Yorkville are a ten-minute drive or a half hour stroll away.

Please note: 6 Edgewood Crescent resides in the Whitney School district which is ranked 10 out of 10 by the Fraser Institute 


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Toronto Luxury Real Estate: 38 Gwendolen Crescent is an Executive Lease Opportunity!

Offered for lease at $7200 per month

This elegant four bedroom home is nestled on the ravine, is steps to Gwendolen Park and the ravine trails accessing Earl Bales Park. It truly is an urban oasis however provides easy access to both the 401 and the TTC located at Yonge and Sheppard.

The home offers

  • Spacious light filled principal rooms
  • French doors in the living room
  • High ceilings
  • Gourmet kitchen with granite counter tops, ravine views and a wonderful breakfast area to enjoy nature from inside.
  • The family room has a fireplace and garden views with walk out to deck
  • The Dining room can accommodate a large table for your entertaining needs
  • A skylight on the second floor has sun streaming down the staircase providing wonderful natural light throughout the home.
  • Primary bedroom overlooks the garden and easily accommodates a king bed and has room for an elegant seating area creating the ultimate retreat
  • Spa like primary ensuite has large soaker tub, separate shower , double sinks. large vanity with marble counters
  • Three other spacious bedrooms are all light filled with there is a shared family bathroom
  • Elevator to service all floors
  • Lower level recreation has excellent natural light, a fireplace and walk out to garden
  • Lower level laundry room
  • Updated lower level three piece washroom
  • Two car garage with direct entry to the home!
  • Storage room
  • There is access to ravine trails from your back garden 

A few key  points to highlight

  •  Gwendolen Tennis Club is North York’s top tennis venue and is just down the street. The tennis pros are exceptional.
  • Cameron Public School is steps away so kids can come home for lunch!
  • 38 Gwendolen is location in a special enclave that has a tight community with very low turnover.
  • The Yonge and Sheppard area of North York has undergone a real transformation over the past few decades and the area has become a sought-after, revitalized uptown location. The Yonge and Sheppard Centre underwent an extensive transformation designed by Quadrangle Architects. Quadrangle created a contemporary facade that spiced up was was an outdated shopping plaza. As well, the shopping centre increased the number of shops and amenities during this overhaul.  There is a daycare, new food court, and an LA Fitness. Whole Foods and LCBO are close by in the Hallmark Centre, another development that has added to the vibrancy of Yonge and Sheppard.
  • The home is a short walk to Yonge and Sheppard! From the Yonge and Sheppard station it is less than a half hour subway ride to get to downtown Toronto.
  • Yonge and Sheppard has amazing highway access with the 401 right there. It is 20 minutes to Pearson International Airport and a quick exit from Toronto to your cottage or ski chalet.

Please contact us for further information or to book a private showing of this special rental property.

Front Foyer

Front Hallway

Living Room

Dining Room

Gourmet Kitchen with Granite Countertops

Ample kitchen storage and the perfect triangle for meal preparation!

Breakfast room with walk out to back deck and garden

Back garden deck with steps to garden

Main floor family room with garden views and fireplace

Sun-filled Stairway

Elevator services all three floors.

Spacious Primary Suite

Ravine Views from Primary Bedroom

Primary ensuite has marble counter tops, double sink vanity, separate shower and soaker tub

Primary Ensuite Deep Soaker Tub

Bedroom Two

Bedroom Three

Bedroom Four- can also be used as an office space

Family Bathroom

Lower Level living area with fireplace and large windows

Lower Level Washroom

Lower Level Laundry

Back Garden with Deck and Stone Patio

Ravine Garden has a Gate to the Ravine Trails

Handsome Exterior with Attached Garage with Direct Entrance to the Home on Lower Level


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Toronto Luxury Real Estate: June 2022 Market Report

June 2022 Market Report

Provided by Chris Kapches, President and CEO of Chestnut Park Real Estate Limited

Not unexpectedly June produced a substantial negative variance when compared to the numbers that the Toronto and Region residential resale market produced in June of 2021. Rising mortgage interest rates have over the last three months caused sales to drop fairly precipitously, and although sales prices are off from their high of February of this year, they remain higher than average sale prices achieved last June.

In June 6,474 properties were reported sold, a 41 percent decline from the 11,053 properties reported sold last June. The average sale price came in at $1,146,254, more than 5 percent higher than the average sale price of $1,088,991 achieved last June. Having said that, a review of what’s been happening since February, both as to sales and average sale price, gives a more accurate description of where the Toronto and Region residential sales market is going.

In February 9,044 properties were reported sold achieving an eye-popping sale price of $1,334,142. One could safely say that February was the height of the pandemic, liquidity-induced resale market. March produced more sales (10,902) but could not sustain the unprecedented average price. March’s average sale price dropped to $1,299,468. Higher mortgage interest rates kicked in April and since then both sales and average sales prices have declined dramatically.

As the above-noted chart indicates, since February the average sale price has declined by $185,000, or 14 percent, and since March, sales have declined by more than 40 percent. These declines can be charted in direct relationship to the increase in mortgage interest rates. Although declines in both sales and average sale prices will continue as the Bank of Canada raises its benchmark rate in its effort to fight inflation, those declines will be more moderate going forward, unless the Bank of Canada raises rates so high that it tips the Canadian economy into recession.

Interestingly, June’s numbers continue to demonstrate that the demand in the Toronto and Region resale market has not dissipated with rising mortgage interest rates. In June, all properties (on average) sold in just 15 days, only 2 days more than the 13 days it took last year. (This number may not be entirely accurate since it does not reflect properties that were listed and cancelled, then relisted at a lower price). Also, all properties reported across the region sold for 100 percent of their asking (also not an entirely accurate number) and in the City of Toronto at 101 percent of their asking price.

Regardless of the precise accuracy of these numbers they clearly demonstrate that there are many buyers in the marketplace searching to buy homes. As more immigrants settle in the greater Toronto area the demand will continue to grow and create the same market pressures that manifested themselves before and during the pandemic. They won’t be fully apparent until the Bank of Canada has inflation under some control and mortgage interests rates stop rising.

It should be noted that whereas during the pandemic (not that it is no longer with us) properties in Toronto’s 905 region sold faster and at higher prices than homes in the City of Toronto. That pattern has been reserved. As health and travel restrictions have eased, buyers are no longer looking for the space and safety that ground-level properties in the 905 offered. In June every housing type in the City of Toronto – detached, semi-detached, townhouse, and condominium apartments – achieved average sale prices substantially higher than corresponding counterparts in the 905 regions. Secondary markets – markets within 200 kilometers from Toronto – are similarly experiencing downturns both in average sale prices and sales.

The number of new listings coming to market will also have a substantial impact on both sales and average sale prices. In June 16,347 new listings came to market. This compares favourably with the 16,193 that came to market last year. However, due to declining sales, we enter July with 16,093 properties available to buyers, 42.5 percent more than June last year. If this continues buyers will have more choice, sale prices will be negotiated in the buyers’ favour, and more properties will languish on the market until they are sold or the listings cancelled.

Early indications in July are that the slide in sales and average sale prices will continue. Buyers are waiting to see how high the Bank of Canada will raise rates, and as a result how much lower prices will drop.


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Toronto Luxury Real Estate: May 2022 Market Report

A few comments on the market from Chestnut Park Real Estate Ltd.’s President and CEO Chris Kapches

“A notable shift in market dynamics is the change in activity in the 905 region as compared to the 416 (City of Toronto). Throughout the first two years of the pandemic, more sales were taking place and average sale prices were rising faster in the 905 region. This is no longer the case. During the month of May, the average sale price for all properties sold in the 905 region came in at $1,212,806, 1.7 percent less than the City of Toronto’s average sale of $1,233,748. The ratio of sales has also shifted. Last year the 905 region accounted for 66 percent of all properties reported sold. This May, only 62 percent of all properties changing hands were in the 905 region.

These results are not surprising. As more of the greater Toronto area’s population has been vaccinated against the Covid virus, and as the City of Toronto with its many amenities has opened up, the forces driving buyers to move to the 905 region, the need for more space, ground-level housing, and a sense of safety in less dense communities have begun to wane.

May’s market performance should not be misinterpreted as a market “correction”. Most of the economic factors that drove the resale market through the pandemic, and even before, are still at play, primarily the lack of supply and immigration to southern Ontario. Separate and apart from declining average sale prices and unit sales, the market continues to behave as it did before mortgage interest rates began to rise.

In May 18,679 new properties came to market, marginally higher than the 18,593 that came to market last year. All 7,283 properties that changed hands in May did so after spending only 12 days (on average) on the market, marginally higher than the 11 days it took for properties to sell last May. All properties reported sold, sold for 103 percent of their asking price, 104 percent in the City of Toronto. Semi-detached properties in the City of Toronto sold in only 9 days and at 111 percent of their asking price. Semi-detached properties in Toronto’s eastern trading districts sold at 117 percent of their asking price and shockingly after only 8 days on the market.

This is not a market correction. Rather this data reflects a market attempting to come to grips with higher rates, with more to come. Higher mortgage interest rates have had a psychological as well as an economic impact on the market, particularly on those buyers that are mortgage-rate sensitive and struggling with affordability.

Based on May’s performance it would appear that condominium apartment sales will outperform ground-level sales, detached and semi-detached properties. May saw 1,264 condominium apartment sales in the City of Toronto. They sold at an average sale price approaching $800,000. All these apartments sold at 103 percent of their asking price and in only 15 days, only 2 days longer than it took to sell last year. The average sale price for all condominium apartments reported sold last May in the City of Toronto was only $766,462.

At the other end of the market spectrum, properties having a sale price of $2 Million or more, the decline in sales was also not as severe as the overall market. Whereas the overall market declined by almost 39 percent, year-over-year, month-over-month, sales of $2 Million plus properties only declined by a little more than 22 percent, making it clear that not all sectors of the housing market are responding similarly to rising mortgage interest rates.

Looking forward, higher mortgage interest rates will cause average sale prices to decline, but marginally, plateauing during the summer months. The greater Toronto area, and in particular the City of Toronto, has a very high employment rate, and demand remains strong. Unless the Bank of Canada raises the benchmark rate to the point that it drives the currently strong economy into recession, the lack of supply and increasing demand will keep the market strong, and unfortunately unaffordable. When inflation subsides, and the benchmark rate declines, economic conditions and the housing landscape will be very similar to the tight market that existed just before the pandemic became a factor. So what we are witnessing is a hiatus in the housing market, not a correction.


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Toronto Luxury Real Estate: Marketing and Open Houses

A little about what we do:

We had a whirlwind few weeks launching a premium property for sale recently. It was a mere two weeks from the original meeting with our clients to the sale! Because this property in particular sold so quickly, it made me think that sometimes many people imagine that all real estates agents do is slap a “for sale” sign up and wait for an offer. So I started to think that maybe I need to explain our process of selling a property. We are a concierge real estate service and, as such, there is a lot that goes on behind the scenes before launching a home to market. Things like: decluttering, donating unwanted items, painting, professional cleaning, window and eaves cleaning, pressure washing,  pre-home inspection and small repairs. We also provide a professional stylist who knows how to enhance your home so the property presents at its absolute best level to sell. No HomeSense items here; it’s an extensive inventory of high-quality furniture, accessories and art to make a home sing!

We then provide professional photography, drone photos, floor plans,  a Matterport virtual tour and video of the property. These items are then posted on all of our social media networks and website.  We also provide print ads, mailers and a hard copy, high-quality feature sheet with in-depth descriptions of the home, property and neighbourhood.

One current trend in real estate right now that you won’t see us doing is a video with ourselves in it. We believe our job as realtors is to sell a property and not ourselves. I understand many realtors like to use a listing to promote themselves but our philosophy is that only the property should be promoted. It is the property’s time to shine, not ours!

We hosted our first open house since the pandemic this past weekend. It was nice to see people in person and interact with the public again. Previous homeowners even came to reminisce; the home had belonged to one visitor’s grandmother and she too enjoyed the memories.

A few thoughts for those coming through an open house:

  1. It is ok to say you are a neighbour or just want to lurk. We have an open door policy and believe the more eyes on a property, the more word gets out about it. All ok, so you don’t have to pretend you are looking to buy when you are not!  It just becomes a bit of a time waster for the realtor when in fact there could be someone else viewing the home seriously that may require the realtor’s time for questions.
  2. When you enter an open house it is always nice to identify yourself, for many reasons. We don’t want to hound you but it is good to be able to give a conclusive list of those who attended the open house to the homeowners. If you are a homeowner, I think you would want to have the same respect.
  3. If you have an interest in the home, it is very important to give the name of the realtor you are working with, or your contact information if you are not working with a realtor, in case and offer comes in on the property. The contact information would only be used to let you know of an offer. We do not randomly contact people or add you to our email list unless requested.

Due to our successful preparation and pricing we sold this home in one weekend with two offers!  The market is currently shifting as the economy absorbs higher interest rates and inflation concerns continue to loom. A shifting market is ok as panic buying wasn’t good for anyone. With a changing market, it is important that your home presents at its very best; correct pricing is key as is utilizing the correct strategy for offers received.

Please reach out to us for a comprehensive plan to sell your home for the best price and the fewest days on market. It is important to be nimble and quickly adjust to the changing market. The worst thing to do now is overprice and chase the market down.

 


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Toronto Luxury Real Estate: 296 Douglas Drive, a Stately Georgian Overlooking Chorley Park


What’s Not to Love About a Centre Hall Georgian? 

Offered for sale at $5,095,000 

This is an incredible opportunity to own a meticulously maintained property overlooking Chorley Park in North Rosedale. The home has been cherished and cared for by the same owners for 20 years.

2  1/2  storeys
5+1 bedrooms
5 bathrooms

The Home

Matterport tour

Floor Plans

Main and second floors,  third floor, lower level and two car garage floor plans

As you cross the threshold, it is clear you have entered a happy home with plenty of natural sunlight. The home boasts a spacious living room and dining room and a gourmet kitchen that is open to a family room. There is a main floor office that is perfect for working from home. Truly the perfect layout for raising a family!

Living Room

  • South and west windows
  • Wood-burning fireplace
  • Crown moulding
  • Hardwood floors
  • Chorley Park views

Dining Room

  • South windows
  • Chorley Park views
  • Crown moulding
  • Hardwood floors
  • Leaded glass east windows

Kitchen

  • Custom cream painted wood cabinetry with black granite countertops
  • Pull-out pantry cupboard
  • Dacor wall oven
  • Miele stove top
  • Dacor warming drawer
  • Built-in Dacor microwave
  • Bosch dishwasher
  • Broan vent hood
  • French door side-by-side Sub-Zero refrigerator and freezer
  • Dark wood chef’s island has Caesarstone light marble-inspired countertop and  breakfast seating
  • Corner double under-mount sink overlooking east window
  • Kitchen dining area with built-in bench seat
  • Open to family room
  • Hardwood floors

Family Room

  • Hardwood floors
  • Gas fireplace
  • North windows
  • Garden views
  • Yard access through rear door
  • Built-in closets and slate tile floor at the backdoor entrance create a perfect mud room area

Office

  • Built-in double desk areas
  • Built-in shelving
  • Walk-out to back stone patio and back garden
  • Gas fireplace
  • Crown moulding
  • Hardwood floors

 

Second Floor

Primary Bedroom

  • Gas fireplace
  • Walk-out to deck that overlooks garden
  • North and west windows
  • Hardwood floors
  • Walk-in closet that accesses the primary ensuite

  • Recently renovated primary ensuite has spa bath luxuries including:
    • heated tile floors
    • white double vanity with stone countertop and under-mount sinks
    • marble-tiled glass shower enclosure has a waterfall shower head and a versatile conventional shower head that doubles as a hand wand for easy cleaning
    • deep soaker tub with marble tile surround
    • east window

Second Bedroom

  • Was the original master bedroom therefore is quite generous in size
  • Wood-burning fireplace
  • South and west windows
  • Overlooks Chorley Park
  • Closet
  • Hardwood floors

Third Bedroom

  • South windows
  • Hardwood floors
  • Overlooks Chorley Park
  • Closet

Fourth Bedroom

  • North and west windows
  • Overlooks upper deck to garden
  • Hardwood floors
  • Closet

Family Bathroom

  • Recently updated in transitional style
  • White double vanity with marble countertops and under-mount sinks
  • Marble floors
  • White tile tub and shower enclosure with glass door
  • Large storage closet
  • East window with California shutters

Large closet for linen storage and off-season clothes outside this family bathroom. The walk-in closet had formerly been a laundry room, an easy to conversion with the plumbing in place.

Third Floor

The fifth bedroom is located on this floor. There is potential to turn this space into a primary retreat.  This spacious loft-style bedroom has ample room for a king size bed and has room for a reading nook overlooking the rear garden.

  • North dormer window with garden view
  • Skylight
  • Broadloom
  • Double closet
  • Three-piece ensuite washroom with antique cast iron soaker tub
  • Wall unit air conditioning unit to supplement the central air conditioning

  • Large cedar closet at the top of the stairs to store off-season clothes

 


Basement

Recreation Room

  • Built-in bookshelves and media unit
  • East windows with California shutters
  • Broadloom
  • Infrared sauna (formerly a wine cellar)

Nanny or In-law Suite

  • Broadloom
  • North window
  • Small workout area or alternative home office space

Three-piece Washroom

  • Single vanity with limestone countertop
  • Glass shower enclosure with subway tiles
  • Limestone tiled floor

Furnace and Laundry Room

  • Storage shelving
  • Maytag washer and dryer
  • Wood’s refrigerator
  • Viking freezer
  • Gas furnace
  • Two hot water tanks rented monthly at $21.12 plus HST per tank ($47.74)
  • Central vacuum

Other Notables:

  • Heritage C rated home in North Rosedale Heritage District
  • Roof redone approximately four years ago
  • Central air conditioning and supplementary wall unit on 3rd floor
  • Basement has been fully waterproofed  (photo documentation available)
  • Excellent Carson Dunlop Home Inspection

Inclusions:

  • All appliances: Miele cooktop, Dacor wall oven, Dacor microwave, Dacor warming drawer, Bosch dishwasher, Broan vent hood, Wood’s refrigerator (basement),  Viking freezer (basement)
  • All drapes and blinds where hung (excluding living room drapes and primary bedroom drapes) Please note window coverings are “as is where is” condition.
  • All hanging electric light fixtures
  • Kitchen bench
  • Basement Casa Life sectional
  • All built-in cabinets throughout the home
  • Central vacuum and associated parts
  • Infrared sauna (basement)
  • Sprinkler system
  • ADT Alarm system (not including monthly monitoring)
  • Garage remote(s)

Exclusions:

Living room, dining room and primary bedroom drapes, all art and home furnishings

The Property

  • Lot size: 52 feet by 121 feet
  • Property taxes $15,798.33
  • Tasteful stone front path and steps to front entrance
  • Beautifully landscaped front garden provides wonderful curb appeal
  • Private side by side drive (see available survey)
  • Two-car garage with key pad entry and garage remotes
  • Professionally landscaped, extremely private rear garden that has been featured on the Toronto Botanical Garden Tour. Incredible shrubs and perennials provide visual interest year round.
  • Automated sprinkler system
  • Stone garden patio for entertaining
  • Privacy fence

The Neighbourhood


296 Douglas Drive is in the heart of North Rosedale overlooking Chorley Park, a tranquil jewel in the city. Just below the park is Evergreen Brick Works, a combination nature preserve and event space. The Brick Works offers a weekend farmers’ market, casual fine dining at Café Belong and a garden centre. It is the perfect spot for a nature walk on the Brick Works trails and there are a variety of interesting events hosted throughout the year. Chorley Park also connects to the extensive Rosedale-Moore Park ravine system where you can enjoy walking, cycling and a true escape from city life right at your doorstep.

Rosedale is a unique neighbourhood as it has a quiet suburban feel yet it is a mere fifteen minutes to downtown Toronto by car or subway.  North Rosedale truly is country living within the city! The Rosedale bus stop is located nearby for those aspiring to leave a greener footprint.

North Rosedale offers the conveniences of Summerhill Market, Rosedale’s Finest, Dolce Bakery, two dry cleaners, a flower shop, a design store and a veterinary clinic all located a short walk away on Summerhill Avenue. Rosedale Park is a few blocks away and has a playground and areas for ping pong, soccer, tennis and baseball, plus skating in the winter.

If you are in the mood for a nice walk, the shops and restaurants on Yonge Street and Roxborough Street are approximately two kilometres away. Rosedale United Church is nearby and many other places of worship are in close proximity. Mooredale House, the local community centre, offers a variety of programs and is nearby on Crescent Road. The Toronto Lawn and Tennis Club, a private sports club, is nearby and the Granite Club is a quick drive up Bayview Avenue.

For those looking for high-end shopping and further fine dining choices, Bloor Street’s Mink Mile and Yorkville are a ten-minute drive or a half hour stroll away.

 

 

 


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Toronto Luxury Real Estate New listing 19 Lower Village Gate Suite 404

19 Lower Village Gate, Suite 404

This suite is perfect for snowbirds! 

Offered for sale at $1,649,000

About Lower Village Gate 

Welcome to Lower Village Gate, an exclusive gated enclave situated in the heart of Forest Hill. This boutique condo was developed by the prominent Toronto developer Camrost Felcorp and completed in 1986. There are 164 suites ranging in size from 1200 to 1635 square feet. The grounds are beautifully landscaped in a ravine setting. Amenities include a library, outdoor pool with clubhouse, gym, gatehouse with security, and concierge. This is a coveted condo building for those who have lived in larger homes nearby and are looking to downsize and enjoy turnkey living in a well-managed building in the city. The condo is now managed by Crossbridge, a very reputable property management company.

About the Neighbourhood 

Forest Hill is one of Toronto’s toniest neighbourhoods. The lot sizes are large and the treelined streets are home to the mansions of many of Canada’s elite. Two of Canada’s top private schools, Upper Canada College for boys, and Bishop Strachan School for girls, are located in Forest Hill. The neighbourhood has plentiful green space, ravine trails and parks. Winston Churchill Park and the Cedarvale Ravine are both close by. It is also a short stroll to Forest Hill Village which has restaurants, coffee shops, banks, and retail stores. Yorkville or downtown are a quick drive, and there is easy access to the 401 up the Allen Expressway. For those wishing to keep a green footprint he TTC is nearby on St. Clair Avenue.

About the Suite 

Suite 404 provides approximately 1535 square feet of elegance. This tastefully updated space provides spacious living and dining areas, a gourmet kitchen, two generously sized bedrooms and two full bathrooms. There are treetop ravine views from every window with a lovely, covered terrace to enjoy some fresh air protected from the sun. Move right into this renovated suite with its neutral palette, custom kitchen, hardwood floors and updated bathrooms.

Foyer

  • Limestone tiled foyer with front hall double door closet

Main Living Areas 

  • Open concept living and dining rooms designed for entertaining
  • Light maple hardwood floors
  • Built-in shelves to display your books and collectibles
  • Columns provide architectural interest
  • Large windows with ravine views
  • Dining room and living room have sliding doors to outdoor covered terrace
  • Living room windows provide ample natural light into the suite
  • Neutral decor to work with any design style
  • Ravine views

Kitchen

  • Light wood custom kitchen cabinetry with ample storage
  • Granite countertops
  • Large pantry cupboard
  • Hardwood floors
  • Double under-mount stainless steel sink with pullout spray faucet
  • Appliances include Samsung stainless steel double door refrigerator with lower freezer drawer, Samsung stainless steel range with ceramic cooktop, GE integrated microwave and fan, Samsung dishwasher

Principal Bedroom

  • Spacious principal bedroom easily accommodates a king size bed
  • Columns provide architectural interest
  • Walk-in closet and double closets
  • Newly installed quality broadloom
  • Treetop views

Four-piece Ensuite Spa Washroom: 

  • Marble shower enclosure
  • Deep soaker tub with marble backsplash, tile surround and pullout hand shower for easy cleaning
  • Spacious vanity with marble countertop and cream painted wood cabinetry
  • Elegant wallpaper
  • Hardwood floors

Second Bedroom

  • Hardwood floors
  • Ravine views
  • Double closet
  • Easily accommodates a queen bed and office space combined

Second Bathroom

  • This charming washroom services the second bedroom and also acts as a powder room
  • The dark wood vanity with unique, shell-shaped sink and dark marble countertop makes a bold statement
  • Tiled shower enclosure is discreetly tucked behind a curtain that blends with the wallpaper to create a powder room for guests
  • Elegant wallpaper
  • Vintage wall sconces complement wallpaper and vanity

Laundry Room

  • Built-in cabinetry and shelving for storage
  • Tiled floor
  • Whirlpool washer and Whirlpool dryer

Other property information

Floor plans: Suite 404 Floor Plan

Matterport tour:19 Village Gate Suite 404 Tour

Photogallery:19 Lower Village Gate Suite 404

Inclusions: Samsung stainless steel double door refrigerator with lower freezer drawer, Samsung stainless steel range with ceramic cooktop, GE integrated microwave and fan, Samsung dishwasher,Whirlpool washer, Whirlpool dryer, all light fixtures, all drapery where hung (note no drapes present in living room) and bathroom mirrors. Exclusions: All furnishings and art work

Maintenance: $1733.50 which includes most utilities (water, hydro, cable)

Taxes 2021: $5273

Parking:  One car, owned #71

Legal description: Unit 71 Level A  

Locker: A generously sized locker that is more like a room!

Owned #160 Legal description Unit 160 Level A 

Property manager: Crossbridge Condominium Services

Village Gate office 416-483-1240


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