Lome Irwin Real Estate Team

Real Estate Team

Quick exchange for Lytton Park estate on ravine lot

From The Globe & Mail, February 1, 2018

1 Cortleigh Cres., Toronto

1 Cortleigh Cres.
Asking price:
$3,298,000
Selling price:
$3,600,000
Taxes:
$14,662.00 (2017)
Days on the market:
three
Listing Agent:
Carol Lome, Royal LePage Real Estate Services Ltd., Johnston & Daniel Division

The Action:

Within 72 hours of its coming to market late last November, about two dozen house hunters scrutinized this two-storey residence abutting a ravine. One visitor essentially put a halt to more showings with a pre-emptive offer of $3.6-million.

“This was an unusual sale for that time of year, but Lytton Park is a special community,” agent Carol Lome said.

“Less than a dozen homes back onto the ravine, so they don’t come available often.”

What They Got:

In the past two decades, this 3,050-square-foot house was subject to major and minor renovations, so it now offers a unique floor plan with several walkouts to the 48-by-272-foot grounds and carport.

Ravine views were optimized with bay windows in the largest of four bedrooms upstairs to double-height windows in a sunken family room addition with 22-foot ceilings and a two-sided fireplace.

Notable appointments include a gas fireplace in the living room and tray ceiling lighting in the dining area, as well as granite and stainless steel counters in an eat-in kitchen and a wet bar in a lower-level recreation area.

Convenient features consist of a second-floor study area and four remodelled bathrooms.

The Agent’s Take:

“It’s on a cul-de-sac, so the lot is 272-feet deep and it backs onto a private ravine,” Ms. Lome said.

“It has a contemporary style, which is popular, and it has big picture window, great light and separate principal rooms.”

Buyers also appreciated the basement could be self-contained. “It was like a teenager’s pad with two separate entrances, a full bathroom and an extra kitchen,” Ms. Lome said.

Photo Credit: Ernie Kenny

Click to watch a video on the featured property from The Globe & Mail, February 1, 2018