Generously sized building lots within the old City of Toronto are becoming a rare commodity. 44 Braeside Road, located near a park, a subway station and some of the best amenities Toronto has to offer, represents an extraordinary buying opportunity.
Granite Place, Deer Park, Toronto
61 & 63 St. Clair Avenue West
Beautiful luxury Condos in Midtown Toronto close to Yonge Street. Subway steps away and close to Boutique shopping and 5 start restaurants.
Building offers large and spacious 1 and 2 bedroom layouts.
122 Church Street, Warkworth, is a beautifully proportioned house that has been thoughtfully restored by its current owners. Built in 1850, “Humphrey House” was given a thorough updating between 2008 and 2010. Among the improvements made were new wiring, drywall, plumbing, and 7 new bathrooms. The kitchen was treated to new cabinetry and 4 new stainless steel Energy Star appliances.
The house is situated on just under one acre of land and backs onto Warkworth’s Millennium Park. It has mixed use zoning, which presents Buyers with a range of opportunities: bed-and breakfast; gift-shop; tea room; spa; inn; gallery and restaurant. Perhaps the most compelling option is to enjoy it as is!
The property’s original features have been lovingly restored. The front and side porch doors are wood with “cranberry” glass inserts. The living room, dining room and den have ceiling medallions. The wood floors in the principal rooms and bedrooms have been refinished.
Warkworth, Ontario, is a ”Designated Arts Community” and home to a variety of studios, shops and restaurants. Local events include the Lilac Festival and the annual Perfect Pie Contest. There are three golf courses in the area.
122 Church Street, Warkworth, blends period grandeur with modern conveniences. Suitable as a family home or a thriving business, it represents a unique opportunity for the Buyer in search of country peace and village advantages.
To book an appointment to view 122 Church Street, click here.
Granite Place, Toronto - The Condominium in the Park
In 1925, the Granite Club, an athletic and social organization established in 1875, purchased a plot of land on St. Clair Avenue West near Yonge Street. The 3-storey Greek revival structure that was built there housed the Club’s many sporting activities and gave an impression of solidity and permanence. However, by the 1960’s the building was in need of major renovations. In 1969, the Club decided to move, eventually settling into its present home on the west side of Bayview Avenue, north of Lawrence.
By 1980, a new condominium, “Granite Place”, had been built on the real estate formerly occupied by the Club. Designed by WZMH Architects, the two towers of the project are joined by a glass-covered garden which houses the common lobby. The buildings are set at the back of the lot, and the space between them and the street is dedicated to a private park. Winding paths and full-grown trees create a zone of quiet between the apartments and St. Clair Avenue West. The south sides of the buildings overlook St. Michael’s Cemetery. Granite Place has as close to a “forever view” as can be had in a large city where development, re-development and in-fill projects are a constant fact of life.
61 and 63 St. Clair Avenue West have 18 and 19 floors, respectively. The units are divided between one and two bedroom layouts, with many one bedroom apartments also having a den. Amenities include an indoor pool, a sauna, a gym, visitor parking and impressive concierge service. Pets are permitted with restrictions. Dogs must weigh no more than 25 lbs. Recent sale prices range from under $400,000 to over $2 million, with an average of $860,000.
Toronto has grown larger since 1925. With Lake Ontario providing a boundary preventing expansion to the south, the growth has been in concentric rings. This phenomenon means The Granite Club is now situated “mid town,” in spite of occupying what was once considered a suburban location.
The Granite Place residential towers afford residents close proximity to the St. Clair Subway Station. David Balfour Park is a stroll away. Nearby, the St.Clair Centre has a grocery, two coffee shops and a pharmacy. On Yonge Street, shopping and dining are all a short walk from the lobby.
Granite Place over the years has proven a prudent investment in condominium living. It is set on one of the most desirable tracts of land in Central Toronto. Developers today must chose from locations that are not already developed. The cost of land now makes including luxurious quantities of green space with new development economically unviable. New projects are often wedged in between existing store fronts and have no exterior grounds whatsoever.
Location, Location, Location. This is the enduring appeal of Granite Place. Many Buyers are more than happy to gut and renovate the original apartments in order to have a “new” apartment in an incomparable setting.
For information on Granite Place properties for sale, contact me.
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Rosedale Real Estate Strong for Sellers in Q2 2014
Rosedale’s real estate market was strong for Sellers in the second quarter of 2014, according to statistics from the Toronto Real Estate Board. In Q2 2013, there were 100 sales in the Rosedale – Moore Park area. The same quarter in 2014 saw a 30% increase, as 131 homes changed hands. The average price of a house was $1,749,016, 29% more than 2013’s $1,354,361. Throughout the quarter 229 new listings had gone to market, but at its end only 102 properties were still for sale. While this is an 18% rise over 2013’s 79 active listings, it still reflects a tight inventory. The percentage of final sales to listing price averaged at 99%, the same as in 2013. The number of days a house was listed before being sold plunged 29% from 27 to 20. It all adds up to more Buyers wishing to live in Rosedale – Moore Park than there are homes for sale to accommodate them.
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