Everything happening in Toronto real estate this week
Dear reader, When you close your eyes and picture the typical Toronto property, I’m willing to bet two beef patties and some TTC tokens that you envision a semi—Victorian or Edwardian in style, likely with three storeys, a red-brick façade, a gable and a bay window. Feels like home, doesn’t it? That’s because this breed of semi is the type of Toronto house we romanticize in our movies, photos and literature. Cheaper and smaller than a detached without sacrificing charm or location, semis are, in many ways, ideal residences for urban families.
And, as reporter Ali Amad writes in Curb Appeal’s top post this week, the market is once again flush with semi fervour. It’s good news for an industry that’s faced many hurdles post-pandemic. But it also means that would-be buyers need to be ready for bidding wars. Also in today’s newsletter: a Haliburton hideaway surrounded by granite cliffs. And $14.7 million for a mansion with a fry kitchen by the Beltline. For all of our real estate coverage and more, visit torontolife.com or subscribe to our print edition. |
|
|
| —Barry Jordan Chong, city and real estate editor |
|
|
The Toronto real estate market rebound sellers were hoping for has not panned out.Despite the spring weather, the condo scene remains frigid, and overall sales are still down. But one type of home continues to defy the chill: the semi. Move-in-ready semis in established neighbourhoods—especially those priced around $2 million—are seeing strong demand. This development is being driven less by investors and more by end users eager to upgrade from cramped condos. Here, three different agents who recently sold in the $2-million range share their stories. |
|
|
| | This five-bedroom, three-bathroom lodge on the southern tip of Kinnisis Lake comes with 16 acres of nature, 300 metres of shoreline, a three-season patio, three parking spots, an earthy bathroom and a sauna. |
|
|
| What Asian-inspired mansion in Forest Hill South would be complete without a fry kitchen, marble on marble, textured limestone walls, a yard worthy of a putting green, seven parking spots and a bar that looks like a quarry? |
|
|
Follow us for the latest from Toronto Life |
Copyright ©2024. All rights reserved. Reproduction in whole or in part strictly prohibited. Toronto Life is a registered trademark of SJC Media
15 Benton Rd.
Toronto, M6M 3G2
You're receiving this email because you signed up for a Toronto Life newsletter. Unsubscribe |
|
|
|
