Sale of the Week: The $3.8-million coach house that shows the allure of a unique property

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Published on: April 25, 2016

Address: 1 Chestnut Park Road

Neighbourhood: Rosedale

Agent: Kate Ryley, Blue Elephant Realty

The property: One of four units in a restored Rosedale mansion. This renovated coach house—which is physically separate from the main building, but still part of the same condo corporation—has four private terraces, two master bedrooms and a private elevator.

The history: The selling agent says her client bought the coach house in 2013 because he couldn’t turn down such a unique property. The space ended up being too large for just himself.

The fate: The buyers have the opposite problem: they’re a couple with grown children looking to downsize to a smaller property in the neighbourhood. They fell in love with the coach house because it felt like the perfect compromise between a house and a condo.

The sale: The buyers made a bully offer for $60,000 over asking, which the seller accepted.

By the numbers:

  • $3,810,000
  • $14,239.08 in property taxes (2015)
  • $2,656.31 in monthly maintenance fees
  • 5 days on the market
  • 4 bathrooms
  • 2 bedrooms
  • 2 parking spaces
  • 1 private elevator

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The unit is in a coach house behind this restored, multi-unit mansion.

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The unit has its own elevator, naturally.

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The coach house has two gas fireplaces.

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The kitchen is all decked out in quartzite.

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This den area is on the second floor.

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And here’s the second-floor bedroom.

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The second-floor bedroom’s ensuite bathroom.

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This bedroom has the third floor to itself. It has two walk-in closets.

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And here’s that bedroom’s ensuite bathroom. Interesting choice of shower stool.

Article source: http://torontolife.com/real-estate/houses/toronto-house-sold-1-chestnut-park-road/

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