May 22, 2012

The Drop Zone

Falling prices can signal great deals

Malcolm Johnston
Classic Tudor home once owned by Edgar Eaton (grandson of Timothy), exudes old world graciousness with state-of-the-art security, lighting and home theatre.

Classic Tudor home once owned by Edgar Eaton (grandson of Timothy), exudes old world graciousness with state-of-the-art security, lighting and home theatre.

Regal realty at a reduced rate in North Toronto

Current listing price: $5,995,000
Original asking price: $6,750,000
Address: 12 Sunnydene Cres.
Intersection: Bayview and Blythwood
Age: Approx. 80 years
Lot: 450 by 197 feet
Days on the market: 187
Agent: Sharon Cowan and Chestnut Park
Special features: Saltwater pool, all-season spa, two-level terrace, six oversized bedrooms, 10 bathrooms, heated floors in bathrooms

Discounted decadence in Upper Village

Classic home in a great neighbourhood has tall ceilings and skylights. Security system with video cameras.

Current listing price: $1,279,000
Original asking price: $1,325,000
Address: 130LatimerAve. Intersection: Avenue and Eglinton
Age: Unknown
Lot: 31 by 110 feet
Days on the market: 48
Agent: Alan Newton, Alan Newton Realty
Special features: Oversized garage, marble floors, walkout from basement to driveway, breakfast area complete with designer kitchen

Bayview bliss at a bargain price

Stunning home in a parklike setting. Great for families, has a beautifully landscaped garden and a finished basement with hardwood floors on all three levels of the house.

Current listing price: $1,599,000
Original asking price: $1,750,000
Address: 70 Lord Seaton Rd.
Intersection: Yonge and York Mills Age: 6 to 10 years
Lot: 75 by 150 feet
Days on the market: 143
Agent: Melina Lam Special features: Triple garage, Thermador gas stove and grill, sauna, wet bar and gourmet kitchen

Knockout North York neighbourhood

Energy-efficient home is spacious, great for hosting and features AquaBrass faucets and a total spa/shower in the master ensuite along with a recreation room.

Current listing price: $1,098,900
Original asking price: $1,198,000
Address: 42 Reiner Rd.
Intersection: Bathurst and Sheppard Age: Unknown
Lot: 44 by 161 feet
Days on the market: 19
Agent: Batya Mishan
Special features: Hardwood, limestone, marble and granite floors, two laundry rooms, maple cabinets and finished basement

Thornhill taste with thrifty price tag

Fabulous custom-designed retreat only steps from two great parks. Stucco exterior with stone skirt, grand entrance, sunken living room, multi-terraced garden at rear, basement projection room, premium stainless steel appliances.

Current listing price: $2,390,000
Original asking price: $2,800,000
Address: 21 Sprucewood Dr.
Intersection: Bayview and Steeles
Age: Unknown
Lot: 100 by 100 feet
Days on the market: 100
Agent: Mark Cadesky
Special features: Striking grand foyer, masterful Neff kitchen, butler’s pantry, spacious walk-in closet, marble and limestone ensuite bath

Richmond Hill refuge at a markdown

This fusion of traditional, contemporary and modern design is located in the heart of Richmond Hill. Sumptuous spalike baths, an Italian gourment kitchen and only steps away from Yonge Street shops.

Current listing price: $1,399,000
Original asking price: $1,474,900
Address: 61 Spruce Ave.
Intersection: Yonge and Carrville
Age: New
Lot: 45 by 241 feet
Days on the market: 148
Agent: Chaim Talpalar
Special features: Nanny’s room, five- burner gas cooktop, high ceilings, lower level walkout

This article appears in the April 2009 issue of Post City Magazines

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