Sale of the Week: The $1.5-million Hillcrest house that proves not every property sells overnight

Categories: Real Estate News
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Published on: May 9, 2016

Address: 41 Rosemount Avenue
Neighbourhood: Hillcrest
Agent: Susan Froese-McHardy and Don McHardy, Royal LePage Real Estate Services Ltd., Brokerage
Previously sold for: $926,000, in 2010
 
 

The property

A recently built detached house with multiple skylights, a spacious master suite and a built-in garage. A number of stone accent walls give the interior a clean, modern look.

Here’s the foyer:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The living room is at the front of the house:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

A reverse view, into the dining area:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The dining area has a stone accent wall:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

A little more stone in the family room:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

Here’s the kitchen:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The are two bedrooms on the second floor. Here’s one of them:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The other second-floor bedroom:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

From the front, the house looks like it has two levels, but there are actually two and a half. There are two bedrooms on the uppermost floor, including this master bedroom:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The master bedroom has a large sitting area:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The master ensuite, with a little more stone in the shower:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The basement is finished, and there’s another fireplace down here:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

And there’s a six-year-old hot tub in the backyard:

(Image: Rob Holowka/Birdhouse Media)
(Image: Rob Holowka/Birdhouse Media)

The history

A previous owner built the house in 2007, and the sellers bought the place in 2010. They’re moving to a house in the west end that’s large enough to accommodate them and their in-laws.

The fate

The buyers are a young family who loved the the way the skylights brighten the interior of the home. The selling agent says they were also attracted to the low-maintenance backyard, which is almost completely covered in wooden decking.

The sale

The house elicited one offer at its first open house, but the sellers deemed it too low and rejected it. It sat on the market for about two months. According to the selling agent, potential buyers liked the layout of the home, but some of them may have been discouraged by the list price. Eventually, the sellers accepted an offer for $49,000 under asking.

By the numbers

• $1,450,000
• $6514.49 in property taxes (2015)
• 29.06-by-80.86-foot lot
• 54 days on the market
• 4 bedrooms
• 4 bathrooms
• 2 parking spaces

More Sales of the Week

Article source: http://torontolife.com/real-estate/houses/toronto-house-sold-41-rosemount-avenue/

Dear Urban Diplomat: How can I make sure a contractor is legit?

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Published on: May 9, 2016

How can I make sure a contractor is legit?
(Illustration: Graham Roumieu)

We are renovating our 1950s bungalow into a modern, artsy loft. Our eccentric architect wants us to go with some obscure contractor he swears by, but we only found a couple of reviews. How can we find out whether or not to trust the company?

Contract Killer, Bedford Park

In the social-media era, your contractor’s absence from the web seems that much more shady. Scan the province’s Consumer Beware List for the business’s name. Keep in mind, though, that it’s not uncommon for a company to change its name if the reviews get ugly. If you want to give your architect the benefit of the doubt, ask him to provide references for the contractor—previous satisfied customers—but remember he ultimately works for you. There’s no reason to entrust your burnished-concrete fantasy to anyone you’re unsure about. The wrong contractor can botch your reno or go bankrupt halfway through the build, leaving you on the hook for materials and unpaid subcontractor wages. Even worse, those workers can put a lien on your property until you pay up.

Send your questions to the Urban Diplomat at urbandiplomat@torontolife.com

More Urban Diplomat

Article source: http://torontolife.com/real-estate/urban-diplomat-contract-killer/

Escape to home Sponsored by 200 Russell Hill

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Published on: May 9, 2016

Sponsored by

200 Russell Hill

Sponsored by

200 Russell Hill

A gated enclave of twenty-two estate suites in the heart of Forest Hill, designed to anticipate your every desire.

The best way to interpret a work of art is to live in one

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In a coveted locale surrounded by some of Toronto’s most elegant homes, illustrious designer Lori Morris and master builder Simon Hirsh craft the ultimate monument to luxury and leisure. A sanctuary within the city, 200 Russell Hill is poised to become the byword in refinement and carefree living, offering a quiet urban lifestyle with spectacular natural backdrops.

Each Hirsh development is built from inception to realization by a select team that embraces the opportunity to create environments that will inspire and delight. Innovatively designed to harmonize with the Hirsh vision, Lori Morris’ breathtaking interiors have reinvented the standard of luxury for the 21st century. With her wealth of experience, vast knowledge of texture, and insightful fusion of personality and place, Lori Morris will bring her brilliance home to by imbuing every facet of design with her essence.

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Synergizing traditional and modern styles through one-of-a-kind fixtures, 200 Russell Hill unapologetically adds beauty to every detail and thoughtfully selected feature, both inside and out. Residents will be instantly transported as they step onto the meticulously landscaped grounds, wreathed by symmetrical boxwood hedging and an elegant limestone fountain. Each suite embroiders itself into the landscape, with vast symphonies of light floating through uninterrupted views of Sir Winston Churchill Park, and painted by the ever-changing colours of seasons unfolding in their splendor.

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The estates’ amenities seamlessly interact with the nature-saturated surroundings, and the area itself boasts an impressive number of independent restaurants and boutiques; crisscrossed by spectacular nature trails. Offering a myriad of ways to spend afternoons and evenings, 200 Russell Hill relishes in both the city and the scenery, creating a distinctive building that celebrates the areas existing beauty with carefully considered details.

Each of the twenty-two estate suites is set to become a unique reflection of its owner in an atmosphere that speaks of the ultimate refinement. The ethereal designs of Lori Morris and beautifully crafted comforts by Simon Hirsh will come together to be part of a larger vision, one that will transform 200 Russell Hill from a place of living, to a source of creative inspiration, lasting sentiment and pure artistry.

 
This is sponsored content. Learn more about 200 Russell Hill here.

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Article source: http://torontolife.com/city/escape-to-home/

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