HOMES WORTH WAITING FOR
Four local luxury listings on the market for over 100 days.
The decline in luxury home sales has been swift, although prices have yet to follow. Is there a buying opportunity in this segment of the market, or is it best to play the waiting game? Here is a snapshot of available luxury homes that have been on the market for more than 100 days.
RENOVATED RESIDENCE (219 DAYS)
The three-storey home at 152 Roxborough Dr. has been extensively renovated with attention to period detail. It has five bedrooms, six bathrooms and is listed for $6.498 million with Royal Lepage / J & D Division.
CUSTOM BUILD (108 DAYS)
The newly built home at 197 Ranee Ave., near Allen Road, has five bedrooms, five bathrooms and 5,000 square feet of space. It is on offer for $2.3 million with Homelife Landmark Realty Inc.
TWO-STOREY DUPLEX (106 DAYS)
The duplex at 208 Rose Park Dr. is part home, part investment opportunity. The property offers two open-concept suites with a total of four bedrooms and three bathrooms. It is on offer for $2.549 million with Chesnut Park Real Estate Ltd.
ELABORATE MANSION (204 DAYS)
The stunning stone mansion at 7 Rosemary Ln. has been on the market for more than 200 days. The home has 11 bedrooms, six bathrooms, a large gourmet kitchen, wine cellar and sauna. It is on offer for $6.249 million with Forest Hill Real Estate Inc.