Lytton Park home sells in a day thanks to preview showings theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Toronto area real estate is ‘back to full-on madness’ Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Deborah Baic/The Globe and Mail
With a severe contraction in the number of houses for sale in Toronto and surrounding cities, anxious buyers have been lobbing money at the few properties that do arrive on the market.
In Oshawa, Ont., and other parts of Durham Region, Shawn Lackie, a real estate agent with Coldwell Banker R.M.R. Real Estate, says buyers have been paying eye-popping premiums even for modest houses.
House of the Week: $3.3 million for a recently renovated Etobicoke home with an elevator House of the Week: $3.3 million for a recently renovated Etobicoke home with an elevator
By Jonathan Forani | Photography By Rob Holowka/Birdhouse Media |
January 15, 2021
01/15/2021
Price: $3,288,000
Last renovated: In 2020
The place
A five-bed, five-bath detached with luxe interiors and an indoor elevator. The house sits on a 14,000-square-foot lot with a deep backyard, which the sellers are converting into a hockey rink.
The history
In 2016, a contractor bought the property back when a bungalow sat on the lot, with plans to build a large contemporary home with a clean open-concept design. Sunnylea Homes and Carick Homes tore down most of the 1,600-square-foot house, before building a second-storey and rear addition, which nearly tripled the square footage.
A feeling that it s safe to buy again buoys the market theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.