Location:Caledon Price: $4.5 million Previously sold for: $1.9 million Size: 5,700 square feet Bedrooms: 6 Bathrooms: 5 Parking spots: 2 Real estate agent:Yan Gurevich, Harvey Kalles Real Estate
The place
A six-bedroom, five-bathroom mansion sitting on 10 acres of serene Caledon countryside. The place comes with three decks, a 1,000-square-foot front terrace, a massive double-sided stone fireplace and a saltwater pool. It’s an hour’s drive from the Blue Mountains and Collingwood’s ski hills, breweries, golf courses and hiking trails.
The history
In 2022, the current owner purchased this property (originally a vinyl-sided bungalow in a field) for just under $1.9 million. They hired HGTV’s Glen Peloso to transform the home into an English-style manor—with contemporary flourishes, of course. Construction was completed in 2023, and now the owner is moving on to their next project.
The estate couldn’t be greener: mature trees and manicured lawns, all set back from a gated entrance and a 300-foot driveway.
Residents are first greeted by the great room, with its grand piano, wet bar and walkout to the back deck.
A 10-foot-wide double-sided stone fireplace anchors the living space.
Next to the great room is the kitchen—equipped with JennAir appliances, tons of cabinets and one dramatic range hood—plus the dining area.
Here’s a closer look at the imported German quartz counters and backsplash.
The dining area overlooks the forest through picture frame sliding doors.
Also attached to the back deck is the office, which could be converted into a guest room.
Moving upstairs reveals the main bedroom. It has its own gas fireplace, coffered ceilings, walk-in closet, five-piece ensuite bathroom and private covered deck.
Here’s that ensuite, with a soaker tub, a glass shower, a double vanity, heated marble floors and shiplap ceilings.
The top floor houses three other bedrooms. This is one of them.
And here’s another.
The lower level comes with a den designed for entertaining. Note the built-in sound system as well as the TV and fireplace.
The den also walks out to the stone patio and saltwater pool.
Here’s a wider view of the pool, the great lawn and its distant gazebo.
Finally, the back of the mansion—a mansard roof, dormer windows and locally sourced stone for the façade.
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OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
