Buyer scoops up renovated Danforth home with $1.18-million bully bid

Buyer scoops up renovated Danforth home with $1.18-million bully bid

637 Milverton Blvd., TorontoAsking price: $1,079,000 (June, 2021)Selling price: $1,180,000 (June, 2021)Previous selling prices: $427,500 (August, 2010); $156,500 (May, 1992)Taxes: $4,100 (2021)Days on the market: ThreeListing agent: Janice Weisfeld, Sutton Group-Associates Realty Inc.Just north of Danforth, this three-bedroom house was one of a few semi-detached properties open to the public...

Condo demand slated to explode

Condo demand slated to explode

Canadian home sales have tapered off their Q1 peak but that doesn’t mean every segment of the market has softened.“Home sales are unwinding from their stratospheric first-quarter levels,” said a report from TD economist Rishi Sondhi. “While we had anticipated a correction, it began a few months earlier than projected...

Rare waterfront penthouse pulls in $1.3-million deal

Rare waterfront penthouse pulls in $1.3-million deal

2067 Lake Shore Blvd., W., Ph 2 (Mimico)Asking price: $1,249,900 (May, 2021)Selling price: $1.3-million (June, 2021)Previous selling price: $1,100,000 (June, 2019)Taxes: $3,862 (2020)Days on the market: OneListing agent: Christopher Bibby, Re/Max Hallmark Bibby Group RealtyEarly this summer, there were few waterfront suites for buyers to chose from, much less ones...

Matt Dusk gets a swingin’ new pad

Matt Dusk gets a swingin’ new pad

Standing behind the long, cool-grey bar, crooner Matt Dusk admits his mixology skills are lacking – his repertoire contains only a few cocktails.“I’ll make you a Paper Plane,” says the 42-year-old, who began singing professionally while attending Toronto’s St. Michael’s Choir School in the mid-1980s. “It’s what I make for...

Two-level loft penthouse on the beach sets Kitsilano record

Two-level loft penthouse on the beach sets Kitsilano record

2110 Cornwall Ave., No. 306, VancouverListing price: $998,8888Selling price: $950,000Previous selling price: $582,000 (2014)Days on market: 73Taxes: $2,112.96Maintenance fee: $441Listing agent: Denny Dumas, Keller Williams EliteThis 995-square-foot, two-level loft penthouse across the street from Kitsilano Beach has brick walls, exposed wood ceiling, a 200-square-foot private rooftop deck with mountain and...

‘Virtual viewing’ helps in sale of UBC condo

‘Virtual viewing’ helps in sale of UBC condo

5692 Kings Rd., No. 101, VancouverListing price: $875,000Selling price: $867,500Days on market: 171Taxes: $1,768.12 (2019)Monthly maintenance fee: $330.74Listing agent: Keith Roy, Re/Max Select RealtyThis University of British Columbia three-bedroom, two-bathroom condo is a corner unit in one of the few freehold properties on the campus. The building was built in...

Point Grey mansion sets record in Greater Vancouver with $42-million sale

Point Grey mansion sets record in Greater Vancouver with $42-million sale

4743 Belmont Ave., VancouverAsking price: $58-millionSelling price: $42-millionPrevious selling price: not availableDays on market: UndisclosedTaxes: Upwards of $200,000Listing agent: Christa Frosch, Sotheby’s International Realty CanadaThe mansion belonged to prominent philanthropists Joseph and Rosalie Segal.Because it’s an exclusive market that demands privacy, details of the sale are not public, listing agent...

Buyers drawn to Toronto home’s relatively low price tag

Buyers drawn to Toronto home’s relatively low price tag

2 Knoll Dr., TorontoAsking price: $899,900Selling price: $900,000Previous selling prices: $572,000 (2008); $310,000 (1992)Taxes: $4,614 (2018)Days on the market: 16Listing agent: Ed Allan, Royal LePage West Realty Group Ltd.Many multimillion-dollar properties are clustered around the Humber River, so buyers shopping with less than $1-million wound up at this side-split residence...

Demand for retirement residences on the rise

Demand for retirement residences on the rise

To be clear, there’s a paramount difference between a retirement residence and a long-term care home.“I would say the major difference is that living in a retirement residence is a lifestyle choice and long-term care homes are care needs-based,” said Karen Kotanko, national director of sales and marketing at Verve...

No relief in sight for condo insurance premiums

No relief in sight for condo insurance premiums

Condo insurance rates in Alberta, British Columbia and Ontario, which have already risen substantially, are expected to keep rising, according to a report from LowestRates.ca.In the first quarter of 2021, condo insurance premiums shot up 27% in B.C., 16% in Alberta and 9% in Ontario compared to the same quarter...

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