Sale of the Week: $4 million for a treehouse-like Hoggs Hollow home
Address: 18 Donwoods Drive
Neighbourhood: Hoggs Hollow
Agent: Adam Weiner and Karen Gurland, Harvey Kalles Real Estate Ltd.
Previously sold for: $2,885,000, in 2017, prior to renovations
The property
A modern 4,500-square-foot home—with four bedrooms and five bathrooms—situated at the top of an embankment overlooking a valley. From the street, a winding driveway leads up to the house. The location gives the property a secluded, treehouse-like feel. It’s about a five-minute walk from Rosedale Golf Club.
The history
In 2017, the sellers bought the home for less than $3 million. They did a major reno and put the place on the market because they wanted to spend more time north of the city, where they own another home.
A look at the wooden front steps:
Here’s the front entrance:
The living room has a marble wood-burning fireplace:
From another angle. Notice the lush views of the valley:
Floor-to-ceiling windows in the dining area look out onto the back deck:
Here’s a wide shot of the family area and kitchen island. The ceilings on this level are eight feet tall:
There’s another marble fireplace here:
Check out the kitchen, which has glossy woodwork and marble countertops:
Take a closer look:
Cool designs in the powder room:
Like the flooring throughout the house, the staircase is made from oak:
Voila, the master bedroom:
The four-piece ensuite master bathroom, which has double vanity sinks:
Another upstairs bedroom:
Which also has its own ensuite bathroom:
Downstairs, there’s a handsome-looking mudroom:
Of course the basement rec room has a marble fireplace, too:
Here’s a look at the backyard, which is more like a hill:
The fate
The buyers, a young professional couple, are moving from another house in the neighbourhood.
The sale
In 2018, the sellers listed the home for nearly $5 million, then dropped the price several times before switching to a different brokerage. Their new representatives felt the original listing price was too high for an older build with unusual topography. They re-listed the home in the summer for $4.7 million, but dropped the listing closer to $4.3 million. The new price ignited a bidding war between two buyers, one of whom had been eyeing the home for a couple months. The sellers eventually accepted the winning offer of $4,050,000.
By the numbers
• $4,050,000
• $12,500 in taxes (approximately)
• 4,494 square feet (including basement)
• 13 days on MLS
• 4 bedrooms
• 5 bathrooms