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Edgehill home buyers cut a deal in a slow summer Add to ...

18 COLWOOD RD., TORONTO

ASKING PRICE $2,588,000

SELLING PRICE $2,415,000

TAXES $11,869 (2012)

DAYS ON THE MARKET 73

LISTING AGENTS Adrienne, Tasi and Norm Farquhar, Keller Williams Neighbourhood Realty

The Action: The Edgehill community near James Garden, between Lambton, Islington and St. George’s golf courses, is established with older homes from the 1930s and new estates upward of $6-million. Negotiating down the price of more upscale properties is common, especially in the summer, so a couple buyers did just that for this contemporary residence with a double garage, which ultimately sold for more than $2.4-million.

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What They Got: By 2000, an old 1 1/2-storey residence on a 56-by-149-foot lot was replaced by this two-storey house Colewood Construction erected with more than 4,400 square feet of living space encompassing four bedrooms, five bathrooms and multiple entertaining areas with walkouts to a private patio, in-ground pool and spa tub.

Like the stately brick-and-stone façade, interior appointments are high end, from an eat-in kitchen showcasing oak hardwood floors, a granite-topped island and Sub-Zero and Miele appliances to a master retreat possessing a Juliet balcony, walk-in closet and a five-piece bathroom with steam shower.

Radiating from the central hallway is an office, a dining area and fireside living and family rooms, as well as a grand staircase to the second-floor bedrooms and lower-level guest suite and recreation room with a gas fireplace.

The Agent’s Take: “Edgehill Park is a well-known neighbourhood for its lot sizes, beautiful homes and proximity to James Garden,” agent Tasi Farquhar states. “[This house] was very usable: very family friendly and entertaining friendly.”

The careful crafting of the blueprint and bells and whistles was evident. “The floor plan really flowed well and that makes a difference to a home,” Ms. Farquhar said. “And it was pretty and tastefully finished.”

Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.

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