Sale of the Week: The $1.6-million new-build that shows the investment potential of Wallace-Emerson
(Image: Russ Martin)
Address: 132 Yarmouth Road
Neighbourhood: Wallace-Emerson
Agent: Alice Kent, Bosley Real Estate Ltd., Brokerage
The Property: Because of its unique facade, this modern Wallace-Emerson home is known as “the ‘S’ house” among neighbours. It has an open-concept main floor with a glass staircase, a master bedroom with a massive six-piece en suite bathroom, and a sizeable backyard with a two-car detached garage.
The History: The home was completed in 2012. The new-build left little for the sellers to improve upon aside from the yards, which they had professionally landscaped.
The Fate: The west end is seeing an influx of builders hoping to cash in on the redevelopment of aging industrial, commercial and residential properties. Modern pads like 132 Yarmouth remain relatively rare, though, which buoys their values.
The Sale: The home was listed for $1,149,000 when we last featured it in 2012. Then it was marked down twice until it finally sold for $1,075,000. The selling agent says the challenge back then was finding other properties to compare it to. West-end gentrification has changed all that. The current sellers used similar new homes cropping up in the Junction and High Park as precedents for their asking price, $1,387,000. They received six offers in six days.
By the Numbers:
• $1,575,000
• 114 per cent list price
• 6 days on the market
• 6 offers
• 4 bathrooms
• 3+1 bedrooms
• 2-vehicle detached garage
• 2 years old, approximately
318413 The house is known locally as "the 'S' house," for obvious reasons. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-1-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-1.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-1.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-1/ toronto-sale-of-the-week-132-yarmouth-road-1 0 0
(Image: Russ Martin)
318414 The front door opens directly into the living room. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-2-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-2.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-2.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-2/ toronto-sale-of-the-week-132-yarmouth-road-2 0 0
(Image: Russ Martin)
318415 The glass staircase is the centrepiece of the main floor. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-3-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-3.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-3.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-3/ toronto-sale-of-the-week-132-yarmouth-road-3 0 0
(Image: Russ Martin)
318416 The dining area is next to the kitchen. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-4-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-4.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-4.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-4/ toronto-sale-of-the-week-132-yarmouth-road-4 0 0
(Image: Russ Martin)
318417 The kitchen, like the rest of the house, is new. A sliding door leads to the back deck. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-5-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-5.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-5.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-5/ toronto-sale-of-the-week-132-yarmouth-road-5 0 0
(Image: Russ Martin)
318418 Built-in appliances all the way. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-6-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-6.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-6.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-6/ toronto-sale-of-the-week-132-yarmouth-road-6 0 0
(Image: Russ Martin)
318419 There are two bedrooms on the second floor of the house. This one has a private balcony facing the street. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-7-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-7.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-7.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-7/ toronto-sale-of-the-week-132-yarmouth-road-7 0 0
(Image: Russ Martin)
318420 A closer look at the balcony. It's about 70 square feet. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-8-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-8.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-8.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-8/ toronto-sale-of-the-week-132-yarmouth-road-8 0 0
(Image: Russ Martin)
318421 The other second-floor bedroom has an attached office space. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-9-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-9.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-9.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-9/ toronto-sale-of-the-week-132-yarmouth-road-9 0 0
(Image: Russ Martin)
318422 The two second-floor bedrooms share this bathroom. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-10-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-10.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-10.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-10/ toronto-sale-of-the-week-132-yarmouth-road-10 0 0
(Image: Russ Martin)
318423 The master suite takes up the entire third floor. That door in the background leads to a rooftop deck. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-11-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-11.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-11.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-11/ toronto-sale-of-the-week-132-yarmouth-road-11 0 0
(Image: Russ Martin)
318424 The master bedroom's six-piece en suite bathroom has a double sink and a soaker tub. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-12-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-12.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-12.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-12/ toronto-sale-of-the-week-132-yarmouth-road-12 0 0
(Image: Russ Martin)
318425 The rooftop deck is about 150 square feet. It has a built-in bench and planter. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-13-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-13.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-13.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-13/ toronto-sale-of-the-week-132-yarmouth-road-13 0 0
(Image: Russ Martin)
318426 The basement is finished. Aside from this rec room, there's also a laundry room, a bathroom and a small storage area. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-14-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-14.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-14.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-14/ toronto-sale-of-the-week-132-yarmouth-road-14 0 0
(Image: Russ Martin)
318427 In the backyard, there's a two-car garage. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-15-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-15.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-15.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-15/ toronto-sale-of-the-week-132-yarmouth-road-15 0 0
(Image: Russ Martin)
318428 The view from the rear. (Image: Russ Martin) https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-16-150x150.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-16.jpg https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-132-yarmouth-road-16.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-132-yarmouth-road/slide/toronto-sale-of-the-week-132-yarmouth-road-16/ toronto-sale-of-the-week-132-yarmouth-road-16 0 0
(Image: Russ Martin)
The Master bedroom takes up the whole ‘third’ floor, not the ‘first’ floor. ;)
Thanks for pointing that out. We’ve fixed it.
This neighborhood is actually Christie Pits.
This is actually part of Seaton Village (East side of Chirstie St)
Which is why this is not “news”. Expected price in this neck of the woods!
I just don’t get why, when it’s a new build, the front door opens right into the living room like that. Where do people put their coats, boots, etc., assuming real people will live there?
This is NOT Wallace Emerson. The real estate people made that up. This is Christie Pits. Wallace Emerson is at Dufferin, in fact there is a community centre named as such at Dufferin and Dupont. Claiming this house is in Wallace Emerson is completely misleading.
This is NOT Seaton Village either, which is found between Christie and Bathurst. Period.
Thank you Daniel for pointing that out. Correct. But apparently not in the eyes of the Real Estate Board
Whoops, you’re right. Thought it was a similar house on the east side of Christie. Don’t take it too seriously OKAY?! Yikes.
Would it be possible to find out where the dining room table and chairs were purchased?
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