Toronto’s real estate market is doing exceptionally well, especially in recent months. Just last month, there were 3768 homes sold in the area and the asking price for homes has decreased by 4.5% since February of last year. Meanwhile, the number of homes on the market has increased by 34.4%, according to Redfin’s latest report.
We’ve curated a few of the most recent luxury properties that were sold within the past week, which includes fabulous entryways, crystal chandeliers, and classic interiors.
The most expensive home is an elegant 8,400 square foot estate located along Fifeshire Rd. The massive residence was sold last Thursday and originally listed for listed for $9,880,000.
This spectacular home offers tons of natural light with south facing windows as well as a grand marble hall, complete with a classic “Scarlet O’Hara staircase”. Fantastic aspects include heated bathroom floors, vaulted ceilings, a media room, salt water pool and exercise/recreational rooms.
Luxurious amenities offered at 18 Fifeshire Rd include a wine fridge, bosch appliances, custom built-ins, warm drawers, and speakers. When asked about what stood out to the buyers, listing agent Justin Cohen commented “The stunning ravine lot, and size of home is what appealed to the Buyers. Also the above ground basement so it was like an extra floor of living space.”
“We were able to sell it successfully, in multiple offers in only a couple of days because we were deliberate in setting a realistic price that would draw in the most amount of qualified buyers. Also, our 3D virtual tour helped to get serious buyers come see the house right away as they were able to walk through the home online, instantly.”
The second priciest residence is an extraordinary 4.1 bedroom, 8 bathroom limestone estate that was sold and originally listed for $7,480,000.
Located at 92 Highland Cres, this “Crown Jewel Of York Mills” offers residents incredibly high ceilings and over 8000 square feet of luxurious living space. The elegant-meets-modern home is decked out in brushed brass accents, white marble, and skylight with crystal chandelier.
Perfect for entertaining and health/wellness obsessives, additional spaces include a huge gym, spa, theater room, and sauna.
The third and final luxurious property that was recently sold is a timeless 5 bedroom, 5 bath home in the heart of Lytton Park.
Graciously decorated and tastefully updated, 113 Strathallan Blvd was listed at $3,999,000 and sold for 111% of list in just one day. This charming property includes re-finished hardwood floors, cozy fireplace and floor-to-ceiling windows.
The formal living areas and eat-in kitchen are primed for entertaining with impeccable mouldings and granite countertops. There’s even heated flooring throughout the lower level of the home, along with a media room, gym, and wine cellar. The sellers of 113 Strathallan Blvd were represented by Carol Lome of Lome Irwin Real Estate.