The semi-detached Victorian home was originally priced at $2.95-million.Sotheby’s International Realty Canada
114 Margueretta St., Toronto
Asking price: $2,595,000 (November, 2025)
Previous asking price: $2.95-million (October, 2025)
Selling price: $2,398,888 (November, 2025)
Previous selling prices: $730,000 (January, 2010); $158,900 (September, 1994)
Taxes: $7,850 (2025)
Property days on market: 32
Listing agent: Kimmé Myles, Sotheby’s International Realty Canada
The 145-year-old home has had its stained-glass windows, brick and stonework restored.Sotheby’s International Realty Canada
The action
This semi-detached Victorian across from Brock Public School was priced at $2.95-million based on its upscale renovation, large footprint and possession of a double garage that could potentially be converted into a laneway home. Even with those assets, it took a $400,000 trim to the asking price to attract a bidder, and a further $196,112 drop to seal a deal.
“When you have a document with 60 different items that outline the description of the home, the features it has, and updates, you know you have something special,” said agent Kimmé Myles.
“But we knew we’d have to drop the price if we didn’t get any action, and we didn’t.”
Once they lowered the price to $2,595,000, two buyers requested tours. One floated an offer under $2.4-million, which the seller found acceptable after considering that a detached home nearby had only fetched $2.05-million in 2022 and another sold for $1,777,000 in 2025.
“This was a semi,” Ms. Myles said. “Even a detached [house] has never sold for that price, to this day.”
“My client was an architect, and they have a sensibility regarding aesthetics and providence of fabrication.”
The interior has been gutted, expanded and redesigned.Sotheby’s International Realty Canada
What they got
Under the past two owners, the most recent of whom is an architect, this 145-year-old structure on a 25- by 127-foot lot has had its stained-glass windows, brick and stonework restored. In addition, the interior was gutted, expanded and redesigned, resulting in more than 2,300 square feet of updated living space across three levels.
There are two entertaining areas and a dining room with 10-foot ceilings.
The eat-in, Scavolini kitchen has stainless-steel cabinetry, commercial appliances and a KWC Waterstation, a high-end ergonomic kitchen workspace with centralized water point, rotating, removable accessories such as bowls and cutting boards, and integrated storage. A side door from the kitchen leads to a backyard with a trellis and a pizza oven.
There are five bathrooms and four bedrooms, including one with a rooftop deck.
Half of the basement has a studio apartment with a front entrance.
The kitchen has stainless-steel cabinetry, commercial appliances and a high-end ergonomic workspace.Sotheby’s International Realty Canada
The agent’s take
“The house was completely redone, but it still had some original features,” Ms. Myles said.