As with its neighbor in the south, further growth is expected for the Canadian real estate market in 2021, especially in the luxury sector. In Toronto, a burgeoning global hub, residential real estate sales of $ 5 million or more grew more than 8% year-over-year, while sales of $ 2 million or more rose approximately 10%. In March, the average home price was nearly $ 1.1 million, according to the Toronto Regional Real Estate Board.
In this look at the world’s most beautiful homes, this week I compared properties in Toronto to properties of similar prices near Vero Beach, Florida, and New York City. From a contemporary residence in the heart of the West Village to a bespoke home on exclusive Old Colony Road, here’s a closer look at approximately $ 6.2 million purchases in Hutchinson Island, Manhattan, and Toronto.
West Village, Manhattan, New York City | $ 6.5 million
This condominium on Greenwich Lane in the heart of the West Village has been completely renovated with a tasteful blend of high ceilings, wide plank floors and ornate furnishings. The unit has two bedrooms and two bathrooms on more than 1,500 square feet of living space.
Properties: Walls of windows converge in the library / second bedroom to perfectly frame the panoramic views of the nearby river and cityscape. The floor-to-ceiling glass continues in the living room and master suite, the latter having been extensively updated with a marble-clad bathroom and exquisite built-ins.
Other advantages: Private storage and rental of the seller’s garage space – two hard-to-get objects in the metropolis – can be included in the sale for an extra charge.
Represented by: Frederick Peters and Jeremy Kamm, Warburg Realty
York Mills, Toronto, Ontario | $ 6.22 million ($ 7.5 million)
Designed and built by custom home builder Joe Brennan of Brennan Custom Homes, this palatial residence is located in York Hills, a highly sought-after neighborhood in the North York District of Toronto. Tailored for entertainment and family life, the 11,000 square meter home features a lower entertainment level with a glass wine cellar, billiards room, lounge, wet bar and nanny suite.
Properties: The heart of the house is a sunken living room that is entered through two French doors. The central communal area has beautiful wooden floors with a herringbone pattern and is crowned by a Swarovski chandelier. Windows framing the front gardens and a wood-burning fireplace with marble surround and carved mantle complete the timeless ambience.
Other advantages: There is something for everyone at Old Colony Road. Facilities include a newly added sports field, an indoor pool and a spa. A fitness room and a cedar-lined sauna are among other things worth mentioning.
Represented by: Barry Cohen, Barry Cohen Homes
Hutchinson Island, Florida | $ 6.35 million
This airy oceanfront home is located on Hutchinson Island, a barrier island community south of Vero Beach. Custom built in 2007, this tropical contemporary hotel is set on 1.2 acres with a swimming pool and boardwalk that leads to a 104-foot sandy beach.
Properties: A modernized kitchen, with its eye-catching mahogany cabinets, granite countertops, and stainless steel appliances, attracts persistent chefs. Opposite the kitchen is a cozy reading corner with floor-to-ceiling bookshelves and a grand piano.
Other advantages: The home has over 6,500 square feet of living space, six bedrooms and seven bathrooms. A spiral staircase and elevator are used to access two residential levels. There is also a sauna with a fold-down projection screen.
Represented by: Matilde Sorensen, Dale Sorensen Real Estate
Barry Cohen Homes, Dale Sorensen Real Estate and Warburg Realty are exclusive members of Global Advance Guide Properties, a consumer marketplace and member network of elite brokers selling the world’s most luxurious homes.