A Swift Sale in Toronto's Rosedale Neighborhood

A captivating property nestled at 116 Glen Rd., Toronto, has caused quite a stir on the market. Listed for a tempting $3,795,000, this beautiful four-bedroom home sold for $3,750,000 in a mere 48 hours, showcasing just how desirable real estate is in the area.

A Glimpse into the Property's History

This charming abode, previously changing hands for $2,370,000 in May 2016 and $1,975,000 in March 2014, has undoubtedly appreciated in value. With annual taxes estimated at $14,735 for 2024, it reflects the burgeoning interest in Rosedale, especially for renovated homes priced under $4 million.

The Exciting Journey to Sale

After the current owners learned that their tenants wouldn't be renewing their lease, they swiftly placed their gorgeous home on the market. An exclusive agents-only open house attracted twelve guests, leading to private tours for three eager buyers. It didn't take long for a competitive offer—$45,000 below asking price—to surface, which the sellers gladly accepted.

A Home That Captivates Before Entry

Listing agent Gillian Oxley praised its striking red-brick façade and elegant street presence, declaring it irresistible before even stepping inside. "Finding a beautifully renovated home in Rosedale for under $4 million is a rarity," she noted, emphasizing the market's dynamic nature.

Luxury Meets Convenience

This stunning home boasts a generous 2,600 square feet of living space, redesigned approximately a decade ago for utmost comfort. With cathedral ceilings and skylights adorning the primary bedroom, plus an impressive layout featuring five bathrooms, it elegantly merges style and function.

An Entertainer's Dream

The property showcases an open-concept living area perfect for gatherings, complemented by cozy gas fireplaces on both the main and lower levels. Outdoor enjoyment is made easy with an expansive back patio on a distinctive triangular lot, making the most of its 80-foot width.

An Iconic Presence with Modern Sensibilities

Agent Gillian Oxley summed it up perfectly: "It's a grand house that requires low maintenance." The property features abundant natural light akin to that of the historic Flatiron Building, creating a serene yet sophisticated living experience.