Latest news with #HumberRiver
Globe and Mail
3 days ago
- Business
- Globe and Mail
Georgian-style house quickly sells due to Humber River location
12 Queen Marys Dr., Toronto Asking price: $3.95-million (May, 2025) Selling price: $3.8-million (May, 2025) Previous selling price: Not available Taxes: $13,025 (2024) Days on the market: Five Listing agent: Luke Dalinda, Royal LePage Real Estate Services Ltd. There were several barriers to selling this original, four-bedroom house on a 50- by 154-foot lot this spring. Those included high levels of inventory on the west side of the Humber River and a shrinking pool of buyers interested in renovation projects. Its price under $4-million pulled in only six people to view the property, yet three were interested in owning it. 'Usually in this market, you'll see five to 10 listings at most, and right now that number, as of today, is closer to 24, so it's a challenge,' said agent Luke Dalinda. 'There are buyers who aren't prepared to do the work, but the buyers that were interested, they saw it as an opportunity to create their dream home.' The final sale price was $3.8-million, largely on account of its locale between Kingsway Crescent and Prince Edward Drive. 'This sale demonstrates that even in tough markets, a prime location remains a steadfast guardian of value,' said Mr. Dalinda. 'Overall, people coming from other neighbourhoods love the Kingsway and all that the Kingsway offers, like the schools, restaurants and safety. It's quite a nice neighbourhood.' In the 1930s, this two-storey house was designed with a centre-hall plan, complete with a formal dining room and traditional eat-in kitchen. In the 1980s, it was expanded to offer a total of 3,019 square feet of living space, including a third entertaining area with a fireplace on the main floor. There are also fireplaces in a recreation area downstairs and the primary bedroom upstairs. The latter also encompasses a sitting area, a walk-through closet and one of three bathrooms. 'The notable lot is a rare 154-feet deep and completely private,' said Mr. Dalinda. 'The property also features a double, private drive with a built-in garage.'
Yahoo
21-06-2025
- General
- Yahoo
4 years after Toronto bought land to honour heritage oak, residents still waiting for promised parkette
Four years after the city of Toronto purchased a property where one of its oldest trees stands, the land around it still hasn't been transformed into the promised parkette — and locals say they want to know why. The city bought the suburban property at 76 Coral Gable Dr. in 2021 with the intention of demolishing a bungalow that sits on the 700-square metre lot and transforming the property into a parkette showcasing the tree. Estimated to be at least 250 years old and at about 24 metres tall, it towers over other trees in its Sheppard-Weston Road neighbourhood, about 300 metres from the Humber River. Construction had been scheduled to begin on the parkette in 2022 but the local councillor, Anthony Perruzza, told CBC Toronto the project has been hampered by a series of unforeseen delays. "I'm absolutely appalled," said Edith George, who lives around the corner from the tree and who has been campaigning to preserve the red oak for more than 20 years. "I'm not getting any younger and I want to see a parkette finished." Perruzza hopes to see shovels in the ground by the end of the year, but as yet, says "there's no commitment to an opening day for the parkette." That's frustrating to people who live in the area and who campaigned to help raise about half the property's $860,000 purchase price back in 2020 — a condition city councillors insisted had to be fulfilled for the city to buy the property and turn it into a parkette. Perruzza told CBC Toronto that when the city bought the property in late 2021, staff didn't realize there were tenants living in the house. Demolition work couldn't start until they moved out, which happened about two years ago, according to George. Roots and branches nearly envelop house Then there were bureaucratic snags with the demolition permit. Perruzza pointed out that city rules dictate a demolition permit can't be issued until a property owner — in this case the city — has presented a plan for the property's future development. Although a contractor has been hired, Perruzza says demolition can't start until the city has a design for the parkette. That still hasn't happened and won't until the landscape designer has been hired and has finalized a concept, in conjunction with members of the public. That work is expected to happen this summer, according to the city's website, although the page also warns "this timeline is subject to change." Once a demolition permit is issued, removing the structure won't be simple, Perruzza said, because the oak is only about a metre from the house. Its roots and branches virtually envelop the structure. "This isn't a place you can come into and tear down with machinery," he said. "People have to come in here and, by hand, remove it brick by brick and piece by piece." 'Living history' Alice Casselman, 87, a retired teacher and an environmental educator, helped with the fundraising campaign. She says she understands that park projects take time, but "bureaucracy should not take this long. "This parkette would be a fine statement of how we protect our heritage." Trevor Comer, a neighbourhood resident of Métis heritage, says the tree was a well-known wayfinding marker for both European explorers and Indigenous people as they travelled the nearby Humber River. "It's living history," Comer told CBC Toronto. He called the delays "disheartening." "We know things take time, but it's been a while." Judy Fricker, who's lived in the neighbourhood for 37 years, agreed. "It's very important to honour our past and to have something positive happening in our neighbourhood," she said. "The delays are such a disappointment." City staff told CBC Toronto in an email they "will develop a detailed tree protection plan for the demolition process. The City is considering the health and protection of the heritage oak tree at every stage of the process." Perruzza said he hopes that by the end of this year, the house will have been removed and the property graded, so the future parkette — and the red oak — will at least be accessible to the public.
CBC
21-06-2025
- General
- CBC
4 years after Toronto bought land to honour heritage oak, residents still waiting for promised parkette
Social Sharing Four years after the city of Toronto purchased a property where one of its oldest trees stands, the land around it still hasn't been transformed into the promised parkette — and locals say they want to know why. The city bought the suburban property at 76 Coral Gable Dr. in 2021 with the intention of demolishing a bungalow that sits on the 700-square metre lot and transforming the property into a parkette showcasing the tree. Estimated to be at least 250 years old and at about 24 metres tall, it towers over other trees in its Sheppard-Weston Road neighbourhood, about 300 metres from the Humber River. Construction had been scheduled to begin on the parkette in 2022 but the local councillor, Anthony Perruzza, told CBC Toronto the project has been hampered by a series of unforeseen delays. "I'm absolutely appalled," said Edith George, who lives around the corner from the tree and who has been campaigning to preserve the red oak for more than 20 years. "I'm not getting any younger and I want to see a parkette finished." Perruzza hopes to see shovels in the ground by the end of the year, but as yet, says "there's no commitment to an opening day for the parkette." That's frustrating to people who live in the area and who campaigned to help raise about half the property's $860,000 purchase price back in 2020 — a condition city councillors insisted had to be fulfilled for the city to buy the property and turn it into a parkette. Perruzza told CBC Toronto that when the city bought the property in late 2021, staff didn't realize there were tenants living in the house. Demolition work couldn't start until they moved out, which happened about two years ago, according to George. Roots and branches nearly envelop house Then there were bureaucratic snags with the demolition permit. Perruzza pointed out that city rules dictate a demolition permit can't be issued until a property owner — in this case the city — has presented a plan for the property's future development. Although a contractor has been hired, Perruzza says demolition can't start until the city has a design for the parkette. That still hasn't happened and won't until the landscape designer has been hired and has finalized a concept, in conjunction with members of the public. That work is expected to happen this summer, according to the city's website, although the page also warns "this timeline is subject to change." Once a demolition permit is issued, removing the structure won't be simple, Perruzza said, because the oak is only about a metre from the house. Its roots and branches virtually envelop the structure. "This isn't a place you can come into and tear down with machinery," he said. "People have to come in here and, by hand, remove it brick by brick and piece by piece." 'Living history' Alice Casselman, 87, a retired teacher and an environmental educator, helped with the fundraising campaign. She says she understands that park projects take time, but "bureaucracy should not take this long. "This parkette would be a fine statement of how we protect our heritage." Trevor Comer, a neighbourhood resident of Métis heritage, says the tree was a well-known wayfinding marker for both European explorers and Indigenous people as they travelled the nearby Humber River. "It's living history," Comer told CBC Toronto. He called the delays "disheartening." "We know things take time, but it's been a while." Judy Fricker, who's lived in the neighbourhood for 37 years, agreed. "It's very important to honour our past and to have something positive happening in our neighbourhood," she said. "The delays are such a disappointment." City staff told CBC Toronto in an email they "will develop a detailed tree protection plan for the demolition process. The City is considering the health and protection of the heritage oak tree at every stage of the process." Perruzza said he hopes that by the end of this year, the house will have been removed and the property graded, so the future parkette — and the red oak — will at least be accessible to the public.
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Buyer chops $111,000 off price of Humber Bay condo
1 Palace Pier Crt., No. 3502, Toronto Asking price: $1,499,000 (March, 2025) Selling price: $1,388,000 (April, 2025) Taxes: $3,812 (2024) Days on the market: 32 Listing and buyers' agent: Luke Dalinda, Royal LePage Real Estate Services Ltd. Agent Luke Dalinda found two buyers for this newly renovated two-bedroom unit at the Palace Place condo complex by the mouth of the Humber River. They were both clients he had shown numerous other properties, including some in the same 32-year-old building. But both wanted to make their first offer on this property. 'I do a lot of international marketing now, so [one set of] buyers were coming back to Canada, and it just so happened another party was looking too,' said Mr. Dalinda. 'Both decided they wanted to put an offer in. It was fluky.' Both parties started low with their offers. One eventually raised their bid and closed a deal at $111,000 under the asking price. 'It took 32 days altogether to sell, which is actually good in this market where you're seeing 60 or 90 days or longer listing times,' Mr. Dalinda said. 'This was a special suite because of how beautifully it was renovated, and how the seller came up with a great idea to change the floor plan to make a bigger kitchen and entertaining area.' This unit is the product of a double unit separated back into the original two. It has 1,186 square feet of living space with a stylish kitchen with an island, quartz countertops and stainless-steel appliances. Windows line the primary bedroom, and open living and dining areas. There are three bathrooms and laundry facilities, plus a storage locker and underground parking. Monthly fees of $1,250 cover cable, utilities, shuttle services, valet parking and use of the pool and sports courts. 'It's a real trophy residence with incredible city, skyline and water views,' Mr. Dalinda said. 'The building has Les Clefs d'Or concierge service, which is the same as the Four Seasons [hotel].'
