Sale of the Week: The $3.55-million Forest Hill property that proves it’s possible to get a house for under asking price

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Published on: July 31, 2017

Address: 89 Dunloe Road
Neighbourhood: Forest Hill
Agent: Julie Gofman and Roman Gofman, Forest Hill Real Estate Inc., Brokerage
Previously sold for: $765,000, in 2000
 
 
 

The property

A four-bedroom home across the street from one of the most desirable public schools in the city.

Here’s the view from the front door. The floors are maple:

The living room:

The dining room:

And the kitchen and breakfast area:

There are four bedrooms on the second floor. Here’s one of them:

And another:

This one is set up as an office:

Here’s the master bedroom:

And the master ensuite:

There’s a rec room in the basement:

And quite a bit of space in the backyard:

The history

Six years ago, the sellers took the house down to the studs for a total renovation, thinking they’d stay for many years. But when the husband sold his company and was invited to work in Florida, they decided to list and move south.

The fate

The buyers, a couple from Montreal with two children, moved in last month. One of the biggest selling points was being across from Forest Hill P.S.

The sale

The sellers listed at $3.995 million, but the market had already started to cool, and buyers weren’t having it. After almost a month, there was one offer, for $445,000 under asking. Keen to get the sale over with, the sellers decided to accept.

By the Numbers

• $3,550,000
• $13,298.52 in taxes (2016)
• 2,000 square feet
• 28 days on MLS
• 4 bedrooms
• 4 bathrooms

Article source: http://torontolife.com/real-estate/houses/toronto-house-sold-89-dunloe-road/

Inside the new Broadview Hotel, an ex-flophouse turned boutique hot spot

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Published on: July 31, 2017

For decades, the 125-year-old building at the corner of Queen and Broadview was home to Jilly’s, the seediest strip club in the city. After the premises were vacated in 2014, Streetcar Developments bought the building and gave it a $25-million, three-year makeover, with 58 designer rooms, a new bar and a glorious rooftop patio.

Here’s a view of the hotel lobby. DesignAgency led the renovation, and they retained as many of the original brass accents as possible.

 

Construction workers scraped away all the layers of wallpaper and discovered the original pattern from the 1890s, which designers replicated and used in the light-filled bar and café adjacent to the lobby.

 

The hotel’s formal restaurant is still under construction, but the bar and café area offers breakfast, lunch fare and full beverage service.

 

Rooms start at $309 a night and max out at $799. There’s a record player in each one, and a small selection of vinyl albums selected by the hotel’s east-end neighbour Tiny Record Shop.

 

Here’s what the bathrooms look like. Toiletries were sourced from another east-end company, Graydon Skincare. 

 

The event-rental space on the second floor includes this outdoor patio. Before the building was Jilly’s, it was was a hotel; during the recent renovation, the neon sign was refurbished and reinstalled up here. Dan Raljic, who also created the undulating pink chandelier in the downstairs bar-café, worked on restoring the sign, which was originally fashioned by his father.

 

The seating area on the top floor features one of the biggest skylights in the city.

 

The windows behind the rooftop bar can swing open so staff can serve those sitting outdoors.

 

Here’s a view of the rooftop patio. The private dining room is located inside the corner tower with the “No Vacancy” sign.

 

The private dining room can seat up to 20.

Article source: http://torontolife.com/city/inside-broadview-hotel/

Condo of the Week: $1 million for a Queen West townhouse in the core

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Published on: July 28, 2017

Address: 188 Spadina Avenue, Townhouse 4
Neighbourhood: Queen West
Agents: Linda Drope and Leeanne Weld, Royal LePage Johnston and Daniel Division, Brokerage
Price: $1,088,000
Previously sold for: $489,800, in 2013

The place

One of five townhouses hidden behind a 10-storey condo building on Spadina. The main floor has a combined living room, dining room, kitchen and family room, with access to a private terrace. The second level has three bedrooms and a skylight that allows sunlight to flow into the first floor.

Here’s the kitchen and dining area:

A closer look at the kitchen:

There’s an office nook:

And here’s the family room, with a door to the terrace:

There are three bedrooms on the second floor:

Here’s one of them:

And another:

The master bedroom:

And the master bedroom’s ensuite bathroom:

The private terrace:

The history

The seller bought this unit in 2013 and immediately started upgrading. She redid the bathrooms and kitchen, surrounded the fireplace in barn board and polished up the parquet. The unit was listed earlier at $1,198,000, but it didn’t sell.

Big selling point

It’s rare to find townhouses this close to the Financial District, Queen West and Kensington Market. It’s even rarer to find ones that are this sheltered from street noise.

Possible deal breaker

The maintenance fees are over $1,000 a month. It’s a hefty sum, but it’s proportionate to the square footage and age of the place. The fees cover access to the adjacent tower’s amenities, including a pool, sauna, gym, party room and visitors’ parking.

By the numbers

• $1,088,000
• 2,100 square feet
• $1,027 in monthly maintenance fees
• 230-square-foot terrace
• 3 bedrooms
• 3 bathrooms
• 1 parking space
• 1 skylight
• 1 wood-burning fireplace

Article source: http://torontolife.com/real-estate/condos/toronto-condo-for-sale-188-spadina-avenue/

Airbnb of the Week: From $71 per night for an extremely eclectic home in Little Portugal

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Published on: July 27, 2017

Address: 2 Federal Street
Neighbourhood: Little Portugal
Price: From $71 per night

The place

A quirky laneway loft near Dundas and Dufferin inhabited by an artsy Toronto couple.

The decor is a mix of Ikea pieces, street finds, antiques and art. Most of the paintings are by the host or his mother, who also made the quilt on the couch. The massive red lantern was purchased in Chinatown in New York City:

The piano was a recent gift from a CBC producer pal. They don’t know how to play, but plan to take lessons:

Here’s the entranceway. The host’s wife loves plants; he says they’re slowly taking over:

Their painting studio is in an adjoining loft next door. They enter through a secret closet door:

They brought the bed back from a trip to Buenos Aires:

Here’s the kitchen. The couple’s goal is to fill every spare inch of wall with art (they’re certainly on their way):

The bathroom has a bright red claw-foot tub:

The history

The host, a Toronto artist and co-founder of Lula Lounge, is a tenant here. He’s been renting the space since 2000. It used to function as his painting studio, gallery and performance space. But in 2004 he added a loft area and a bed, and now he lives here with his wife, a photographer. Just last year they painted the walls orange and red and wallpapered the bathroom. Though this place is their main residence, the creative pair travel frequently for work, often for a month or two at a time. They’re in New York for most of this summer and plan to spend the winter in Barcelona, so the loft will become available again in December.

Major perks

The unconventional layout and homemade touches are unique. Guests may be reminded of childhood days spent building and playing in forts.

Possible deal breaker

Privacy-loving couples will probably not be thrilled that neither the bedroom nor the bathroom have doors.

By the numbers

• 800 square feet
• $71 per night
• 2 guests
• 1 bathroom
• 1 loft
• 0 bedrooms

Article source: http://torontolife.com/style/home/airbnb-week-71-per-night-extremely-eclectic-home-little-portugal/

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