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The family room.
The family room.

Expansive unit with great view fetches premium price Add to ...

20 BURKEBROOK PLACE, PH 714, TORONTO

ASKING PRICE $2,489,000

SELLING PRICE $2,285,000

PREVIOUS SELLING PRICE $1,532,710 (2007)

TAXES $11,921 (2013)

DAYS ON THE MARKET 76

LISTING AGENTS Sue Mills and Sarah O’Neill, Royal LePage Signature Realty

The Action: Given the size of the Kilgour Estates community, there were a handful of suites that buyers could purchase this summer. Although there were three similar suites to this corner penthouse, it was subject to 20 showings before an offer was presented.

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What They Got: Over several years, the Daniels Corp. redeveloped an area south of Burke Brook Ravine and Sunnybrook Hospital with low-rise homes and two mid-rises with luxury suites, such as this 2,968-square-foot model created by combining two units on the seventh floor.

Appointments are upscale with 10- to 12-foot ceilings, arched windows and five skylights, even in the laundry room, in addition to $25,000 in builder’s upgrades for custom kitchen cabinetry, granite counters, island and marble finishes in all four bathrooms.

An extra $120,000 was spent on luxuries ranging from a sky-lit office and theatre with a sound system to custom closets in all three bedrooms, which each have ensuite bathrooms and walkouts to an 822-square-foot, wraparound terrace with six more access points.

Ceiling treatments add a sense of tradition to the dining area, fireside living and family rooms. Supporting elements include a double locker and four-car parking, plus monthly dues of $1,759 for amenities like a saltwater pool.

The Agent’s Take: “There aren’t a lot of buildings in that neighbourhood, so it appeals to people living in Lawrence Park or Leaside looking to move from their home into a condo lifestyle,” agent Sue Mills said.

“What’s really hard to find in a condominium is a combination of three bedrooms plus a family room, plus an office, so this gave lots of functional space.”

This penthouse also has rare outdoor assets, including ample parking. “The original owner of the suite was a collector of cars,” said Ms. Mills, adding that it’s hard to find more than two parking spaces.

“In addition, it had southwest exposure, which is extremely prime, and it has a wraparound terrace … with walkouts from virtually every room.”

 

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