Opulent Forest Hill Manor, showcasing an indoor pool featuring a waterfall and a heated driveway, valued at an impressive $17 million.
Bold, Unfiltered Take:
Here's the lowdown on that luxe pad at 84 Old Forest Hill Rd. in Forest Hill South, T-Dot's swankiest 'hood. The place - designed by OE Design - costs a cool $16,950,000 and spans a whopping 10,500 sq. ft. on a 60 x 135 ft lot.
The property's already drawn a crowd, with around 20 realtors attending the first open house, according to the listing agents. And, no pressure, but it's one of the priciest listings in the area, so expectations are high.
Inside, you'll find five plus one bedrooms, eight bathrooms, and a spiral staircase leading to living spaces that'll make you feel like royalty. The kitchen's stocked with luxury appliances, showcasing custom cabinetry, marble countertops, an oversized island, and a butler's pantry.
The primary bedroom boasts a six-piece ensuite bathroom with a free-standing tub, steam shower, double vanities, and two custom closets. Four more bedrooms, each with private bathrooms, span two storeys. An elevator connects all floors, including a basement with a guest suite, entertainment room, home theatre, gym, in-home sauna, indoor pool with a waterfall, and an outdoor pool area with accordion doors that lead to the backyard.
So, who's the ideal buyer? Well, a high-rolling family with kids who dig the walkability of the place. Forest Hill South's got top-notch schools, trendy restaurants, and shops just minutes away. Plus, Cedervale Park, with tennis courts, sports fields, and a ravine, is a quick 25-minute stroll.
Amid shifting economic conditions and increased interest from U.S. buyers, this luxurious abode will likely appeal to wealthy individuals who crave exclusivity and privacy. The luxury real estate market in Forest Hill remains strong, even during economic fluctuations[3].
Now, about that price... it ain't small change, but hey, you pays your money and you takes your chances, right? And, unlike some homes that have seen price reductions, the approach here is to hang tough and wait for the right buyer to make an offer that pleases both parties[1].
References:[1] https://www.thestar.com/realestate/2023/04/12/forest-hill-house-for-sale-at-16-95-million-back-on-market-for-third-time-since-2023.html[2] https://www.realtor.ca/real-estate/23250541/84-old-forest-hill-road-toronto-on-m4c-1j3[3] https://www.latitude33.ca/en/toronto-condos-luxury/forest-hill/[4] https://www.latitude33.ca/en/toronto-real-estate-trends/luxury-real-estate-e-toronto/
- The luxurious home at 84 Old Forest Hill Rd. is not only a top contender in Canada's real estate market but also a significant player in global media, with the listing attracting attention from various entertainment and news outlets.
- In the realm of lifestyle journalism, articles discussing the interior design, home-and-garden aesthetics, and luxury features of the property have been widely circulated, shedding light on the extravagant details that make it a standout.
- Despite the economic uncertainties, the Toronto finance scene has shown keen interest in the property, with many investors viewing it as a lucrative opportunity for the right buyer.
- For those seeking a prime location in the bustling city, the property's proximity to top-rated schools, trendy restaurants, and shops in Forest Hill South could be a deciding factor for potential buyers who prioritize convenience in their lifestyle.
- In the sports-focused media, discussions revolving around the home's indoor and outdoor pool areas, gym, and proximity to Cedervale Park are generating excitement among enthusiasts of both swimming and tennis.
- As the luxurious real estate market in Toronto continues to flourish amidst economic fluctuations, the Court of public opinion remains divided over whether the $16,950,000 asking price for this Forest Hill abode presents a solid investment opportunity or an extravagant expenditure.