{"id":600332,"date":"2026-07-23T13:26:12","date_gmt":"2026-07-23T13:26:12","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/600332\/"},"modified":"2026-07-23T13:26:12","modified_gmt":"2026-07-23T13:26:12","slug":"architect-designed-toronto-home-sells-267000-below-2022-purchase-price","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/600332\/","title":{"rendered":"Architect-designed Toronto home sells $267,000 below 2022 purchase price"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

The home at 132B Balmoral Ave., in Toronto, sold recently for $4.9-million.Supplied<\/p>\n

132B Balmoral Ave., Toronto<\/b><\/p>\n

Asking price<\/b>: $5,395,000 (February, 2026)<\/p>\n

Selling price:<\/b> $4.9-million (June, 2026)<\/p>\n

Previous selling price: <\/b>$5,167,000 (2022)<\/p>\n

Taxes:<\/b> $20,533 (2025) <\/p>\n

Days on the market:<\/b> 103<\/p>\n

Listing agent: <\/b>Scott Hanton, Hanton Real Estate Inc. <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The home at Yonge and St. Clair was designed by Richard Wengle.Supplied<\/p>\n

The action <\/p>\n

This four-year-old house, near Avenue Road and St. Clair Avenue, was designed by architect Richard Wengle with plenty of upscale elements, from an elevator to a heated driveway in front of the built-in garage. <\/p>\n

Agent Scott Hanton described the house as \u201cexquisite\u201d and said it was rare to see a new-build of this calibre in this neighbourhood.<\/p>\n

It was promoted off market for two months, then opened to the public with a price tag of roughly $5.4-million. <\/p>\n

\u201cBuyers just weren\u2019t in a rush this winter and spring. They had the luxury of waiting and taking their time to see what\u2019s out there,\u201d said Mr. Hanton. <\/p>\n

Home sells $370,000 below price paid by sellers at market peak<\/a><\/p>\n

The owners were looking for a different lifestyle, even if it meant selling their four-bedroom home for less than the roughly $5.1-million they paid the original builder. They were flexible in purchase talks but only allowed a 10-per-cent drop in their asking price. <\/p>\n

\u201cThe sellers were prepared to take a loss there, we all knew the market is what it is,\u201d Mr. Hanton said. \u201cThere were some homes available, spectacular houses, that have dropped their selling price by up to $1-million.\u201d <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The primary bedroom features a rooftop terrace with a fire pit.Supplied<\/p>\n

What they got <\/p>\n

This three-storey house has 3,045 square feet of living space, including four bathrooms, two laundry rooms and a kitchen between living and dining areas with fireplaces. <\/p>\n

A pet washing station is in the basement, along with a recreation area with over 13-foot ceilings. <\/p>\n

Lounging areas outdoors include a rooftop terrace with a fire pit off the primary bedroom, and a new patio on the 22- by 113-foot lot. <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The three-storey house has 3,045 square feet of living space.Supplied<\/p>\n

The agent\u2019s take <\/p>\n

\u201cIt\u2019s on a quiet, residential street,\u201d Mr. Hanton said. <\/p>\n

\u201cA private elevator is a very exclusive feature to have in your own house.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The home at 132B Balmoral Ave., in Toronto, sold recently for $4.9-million.Supplied 132B…\n","protected":false},"author":2,"featured_media":600333,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[267],"tags":[365,362,363,364,366,142319,164697,18,117,19,17,27627,1361,253976],"class_list":["post-600332","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-artsdesign","tag-design","tag-done-deal","tag-donedeal","tag-eire","tag-entertainment","tag-ie","tag-ireland","tag-nodelphi","tag-real-estate","tag-toronto-home-sales"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116969523295925809","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/600332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=600332"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/600332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/600333"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=600332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=600332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=600332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}