Globe & Mail - Real Estate Done Deals - Enlarge this image Shaughnessy infill goes $100,000 over asking

Saturday, December 3rd, 2011 at 5:19pm. 307 Views, 0 Comments.

Shaughnessy infill goes $100,000 over asking
sydnia yu From Saturday's Globe and Mail
Published Monday, Dec. 05, 2011 9:35AM EST
Last updated Monday, Dec. 05, 2011 9:59AM EST
1517 ANGUS DR., SHAUGHNESSY, VANCOUVER

ASKING PRICE $2.15-million

SELLING PRICE $2.25-million

PREVIOUS SELLING PRICE $935,000 (2002)

TAXES $7,622 (2011)

DAYS ON THE MARKET six

LISTING AGENT Greg Carros, Sotheby’s International Realty Canada

THE ACTION: On a winding street just west of Shaughnessy Park, this two-storey house received more than one offer shortly after ten parties completed their private tours.

WHAT THEY GOT: Peter Wardle was the architect behind this 24-year-old infill house, which was one of two residences added behind the…

Luxury condo market favours buyers

Tuesday, March 1st, 2011 at 11:42am. 1565 Views, 0 Comments.

$12M penthouse sold in a few months

It took about two years to sell the $15-million penthouse, taxes included, at the storied Ritz-Carlton Hotel. Yet the top penthouse at the Chateau Maplewood, listed at $12 million plus taxes, has sold in just a few months.

Liza Kaufman, listing agent for both luxury condo projects, wouldn't disclose the exact price for the Maplewood penthouse, a 6,000-square foot condo with an expansive terrace and 12-foot-high ceilings in the former mother house of the Soeurs des Saints Noms de Jesus et de Marie.

The new 142-unit Maplewood project is being developed at a time when the Montreal luxury condo market has shifted to one favouring buyers, figures from the Greater Montreal Real Estate Board show.

In 2000, 212 luxury condos (then…

Mystery European buys ‘the Castle’ home for $17.5-million

Tuesday, March 1st, 2011 at 11:38am. 663 Views, 0 Comments.

It’s the ultimate house flip.
A historic stone mansion at 174 Teddington Park Avenue has been sold for $17.5-million, just three years after investors paid $13.5-million for the property and sunk another $5-million into renovations.
Kris and Margaret Isberg also severed a 100 x 190-foot lot from the site as part of the sale, squeezing another $6-million out of the property and ensuring a tidy $5-million profit on their investment. “I do believe that is a record price for a lot in Toronto,” said Barry Smith, a Chestnut Park agent who represented the Isbergs throughout the deal along with colleague Michelle Jalsevac. “As for the house itself, it’s easily the highest sale in Toronto for a very long time. There aren’t too many that have ever sold for a higher…

Ritz: highest-priced condo ever in Quebec

Tuesday, December 21st, 2010 at 12:01pm. 1650 Views, 0 Comments.

NOTE: The following article appeared in the Montreal Gazette, but we'd like to correct the selling price as being just over $14 million plus taxes as opposed to the reported $13 million.
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The sale of the penthouse at the Montreal Ritz-Carlton Hotel and Residences might be the highest priced residential transaction ever in Quebec.
But despite selling for $13 million plus taxes, the opulent penthouse at the historic Sherbrooke St. hotel is significantly less expensive than a luxurious unit with similar amenities in Vancouver, or Toronto.
In Toronto's Yorkville district, a 9,000-square-foot penthouse at the Four Seasons hotel and residences -with separate living quarters for staff -is still on the market for a staggering $30 million.
It's the…

Historic King Eddy 94% Sold out in 10 days

Monday, July 19th, 2010 at 12:58pm. 1071 Views, 0 Comments.

The Project:

The…

Naramata beachfront sells after almost 2 years

Monday, June 28th, 2010 at 11:58am. 1521 Views, 0 Comments.

Final price of $1.9 million beats previous year's B.C. assessment by almost $400,000

Naramata
3735 Robinson Point Road, above left Type: detached, 2 bed, 3 bath
Size: 2,130 sq. ft.
B.C. Assessment, July 2009: $1.517 million
Listed for: $2.25 million
Sold for: $1.9 million
Sold on: May 12
Days on market: 714
Listing agent: Maria Peters at Sotheby's International Realty Canada
Buyers agent: Paul Basso at Coldwell Banker Okanagan Realty

The big sell: Recreational properties in the Okanagan area have had a slow time of late, but there are signs of recovery with recent sales such as this inviting beachfront home. It's perched on the edge of Okanagan Lake with a private dock, 70 feet of sandy beach, a manicured garden and west-facing views. Enter through a courtyard with…

Texas Billionaire Pays $46.5 Million for Colorado Ranch

Thursday, April 29th, 2010 at 11:16am. 1707 Views, 0 Comments.

Texas energy executive Kelcy Warren has bought a roughly 3,500-acre Colorado ranch for $46.5 million in what brokers believe to be the biggest residential sale in the U.S. this year.

The ranch, near Pagosa Springs, has acres of meadows and forests, plus lakes, seven miles of river and an 82-foot-long pool. There’s an almost 14,000-square-foot log cabin style main residence plus several guest cabins. There’s also a glass lodge with a retractable roof for spa activities.

Mr. Warren, whom Forbes in March welcomed into the ranks of the world’s billionaires, is chairman and chief executive of natural-gas pipeline operator Energy Transfer Partners LP, based in Dallas. He appears to be benefiting from the trend of slowing demand in uber-luxury real estate. The…

Record house sale at Sun Peaks Resort

Thursday, February 4th, 2010 at 4:13pm. 869 Views, 0 Comments.

A couple of million dollars can still buy a lot of things these days, but it wouldn’t cover the cost of the most expensive pad at Sun Peaks Resort.

A home at the resort recently fetched $2.2 million — a record for residential property.

Liz Forster, managing broker at Sotheby’s International Realty Canada, told KTW the property was listed for only a month before it was snapped up.

So, what comes with all those zeros?

At 3,500 square feet, the home includes radiant in-floor heating, high-end appliances and a unique timber frame — not to mention a ski hill as a backyard.

“It’s actually a cross between a piece of art and a building,” Forster said.

The previously most expensive house at Sun Peaks sold for $1.5 million in 2006.

The $2.2-million house is located on…

Hilfiger’s estate sells for $20m

Wednesday, December 2nd, 2009 at 12:10pm. 1308 Views, 0 Comments.

Fashion designer Tommy Hilfiger’s estate in Greenwich, Conn., has sold for $20 million, about $8 million below its original asking price. Sotheby’s International Realty says the 20,000-square-foot mansion is being purchased by a family who toured it in September. The mansion has eight bedrooms, nine bathrooms, a 2,000-bottle wine cellar, indoor basketball court, sauna, massage room with a waterfall, and home theater. Hilfiger purchased the home in 2005 for $18 million. It had been on the market since February 2008. (AP)

(November 28, 2009 ). Hilfiger’s estate sells for $20m. The Boston Globe. Retrieved from http://www.boston.com

Spectacular estate home fetches record $13.1M

Wednesday, September 9th, 2009 at 3:19pm. 6167 Views, 0 Comments.

An internationally known, year-round, luxury executive retreat centre in the Calgary region has sold for $13.1 million--Canada's most expensive residential real estate sale of the year.

The Falkridge centre in Priddis, which had been listed for $12.9 million, was sold to an unnamed Calgary oil and gas entrepreneur.

The property, which was owned by U. S.-based Haworth Inc., a manufacturing company, had competing offers.

The spectacular piece of real estate is located in the Foothills. The private compound is 27,000 square feet and sits on 5.26 hectares.

Since it was completed in 1997, Falkridge has played host to corporate executives, politicians and celebrities. It includes a main residence, guest house, gazebo and water tower.

Last month, the…