With all the talk of condo bubbles, over-the-top bidding wars and failed flips, wading into Toronto’s housing market requires equal parts bravery and real estate savvy. To help with the latter, we decided to dish when the properties we profile in our House of the Week, Condo of the Week and Cottage of the Week features are sold. Here, all the details from the latest sale.
• The place: A traditional six-bedroom house in The Beach renovated by the most recent owner, who runs a design and construction firm
• The agent: Mark Richards, Re/Max Hallmark Realty Ltd., Brokerage
• Listed price: $2,890,000
• Sale price: The buyer and seller didn’t want the sale price to go public, but the agent said it sold for just under asking
• Time on the market: 38 days
• The buyers: Given the price point, the agent wasn’t surprised that only a single potential buyer made an offer: though properties in the $400,000-$500,000 range regularly receive multiple bully offers, higher-end homes rarely do. The agent also noted that the home sold relatively quickly—on average, houses listed over $2 million sit on the market for over 150 days. The new owner loves to throw parties and host out-of-town guests, so the house’s grandeur and open-plan main floor were big draws.
• The full description: House of the Week: $2.9 million for a classy family home in The Beach [March 27, 2013]
209714 Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/sold-40-beaufort-road-toronto-intro-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/sold-40-beaufort-road-toronto-intro.jpg https://torontolife.com/wp-content/uploads/2013/04/sold-40-beaufort-road-toronto-intro.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/sold-40-beaufort-road-toronto-intro/ sold-40-beaufort-road-toronto-intro 0 0
209692 The back of the house, which has a full driveway and a double-car garage Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-22-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-22.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-22.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-22-2/ house-of-the-week-40-beaufort-road-toronto-22-2 0 0
209693 The third level contains two more bedrooms, each with a built-in desk. The home also has a finished basement with a media room, guest room and gym Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-21-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-21.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-21.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-21-2/ house-of-the-week-40-beaufort-road-toronto-21-2 0 0
209694 Another of the home’s six bathrooms Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-20-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-20.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-20.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-20-2/ house-of-the-week-40-beaufort-road-toronto-20-2 0 0
209695 Office, second level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-19-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-19.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-19.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-19-2/ house-of-the-week-40-beaufort-road-toronto-19-2 0 0
209696 Third bedroom, second level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-18-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-18.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-18.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-18-2/ house-of-the-week-40-beaufort-road-toronto-18-2 0 0
209697 The second bedroom also has an ensuite bathroom Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-17-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-17.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-17.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-17-2/ house-of-the-week-40-beaufort-road-toronto-17-2 0 0
209698 Second bedroom, second level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-16-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-16.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-16.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-16-2/ house-of-the-week-40-beaufort-road-toronto-16-2 0 0
209699 The dressing room in the master bedroom has ample storage, a centre island, a vanity desk and seating by the window Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-15-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-15.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-15.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-15-2/ house-of-the-week-40-beaufort-road-toronto-15-2 0 0
209700 Master ensuite, second level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-14-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-14.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-14.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-14-2/ house-of-the-week-40-beaufort-road-toronto-14-2 0 0
209701 The second floor contains the master bedroom, as well as two other bedrooms and an office Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-13-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-13.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-13.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-13-2/ house-of-the-week-40-beaufort-road-toronto-13-2 0 0
209702 The side entry has a large mudroom with custom built-in storage Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-12-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-12.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-12.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-12-2/ house-of-the-week-40-beaufort-road-toronto-12-2 0 0
209703 Family room, main level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-11-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-11.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-11.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-11-2/ house-of-the-week-40-beaufort-road-toronto-11-2 0 0
209704 The family room is open to the kitchen Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-10-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-10.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-10.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-10-2/ house-of-the-week-40-beaufort-road-toronto-10-2 0 0
209705 The kitchen also has access to the backyard and terrace Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-09-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-09.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-09.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-09-2/ house-of-the-week-40-beaufort-road-toronto-09-2 0 0
209706 The kitchen is in the new addition to the back of the house. It has stainless steel appliances, Ceasarstone counters and a solid walnut island. It also has access to the butler’s pantry Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-08-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-08.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-08.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-08-2/ house-of-the-week-40-beaufort-road-toronto-08-2 0 0
209707 Butler’s pantry, main level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-07-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-07.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-07.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-07-2/ house-of-the-week-40-beaufort-road-toronto-07-2 0 0
209708 The formal dining room connects to a butler’s pantry with a dishwasher, sink and wine storage Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-06-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-06.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-06.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-06-2/ house-of-the-week-40-beaufort-road-toronto-06-2 0 0
209709 Living room, main level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-05-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-05.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-05.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-05-2/ house-of-the-week-40-beaufort-road-toronto-05-2 0 0
209710 Living room, main level Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-04-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-04.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-04.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-04-2/ house-of-the-week-40-beaufort-road-toronto-04-2 0 0
209711 The formal living room has a gas fireplace and several seating areas Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-03-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-03.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-03.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-03-2/ house-of-the-week-40-beaufort-road-toronto-03-2 0 0
209712 Front entry Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-02-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-02.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-02.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-02-2/ house-of-the-week-40-beaufort-road-toronto-02-2 0 0
209713 During recent renovations, the previous owner wanted to retain the character of the house, including the traditional floor plan with its central hallway Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-01-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-01.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-01.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-01-2/ house-of-the-week-40-beaufort-road-toronto-01-2 0 0
209715 This six-bedroom home is perched above Glen Stewart Ravine, a short walk from Queen Street East Sold: 40 Beaufort Road Sold: 40 Beaufort Road https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-intro-624x395-96x96.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-intro-624x395.jpg https://torontolife.com/wp-content/uploads/2013/04/house-of-the-week-40-beaufort-road-toronto-intro-624x395.jpg 624 416 [] https://torontolife.com/real-estate/sold-house-of-the-week-march-27/slide/house-of-the-week-40-beaufort-road-toronto-intro-624x395/ house-of-the-week-40-beaufort-road-toronto-intro-624x395 0 0