{"id":456028,"date":"2026-02-05T19:04:08","date_gmt":"2026-02-05T19:04:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/456028\/"},"modified":"2026-02-05T19:04:08","modified_gmt":"2026-02-05T19:04:08","slug":"architects-toronto-semi-with-high-end-kitchen-takes-a-big-hit-on-price","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/456028\/","title":{"rendered":"Architect\u2019s Toronto semi with high-end kitchen takes a big hit on price"},"content":{"rendered":"

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

The semi-detached Victorian home was originally priced at $2.95-million.Sotheby\u2019s International Realty Canada<\/p>\n

114 Margueretta St., Toronto <\/p>\n

Asking price: $2,595,000 (November, 2025)<\/p>\n

Previous asking price: $2.95-million (October, 2025) <\/p>\n

Selling price: $2,398,888 (November, 2025)<\/p>\n

Previous selling prices: $730,000 (January, 2010); $158,900 (September, 1994)<\/p>\n

Taxes: $7,850 (2025) <\/p>\n

Property days on market: 32 <\/p>\n

Listing agent: Kimm\u00e9 Myles, Sotheby\u2019s International Realty Canada <\/p>\n

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

The 145-year-old home has had its stained-glass windows, brick and stonework restored.Sotheby\u2019s International Realty Canada<\/p>\n

The action<\/p>\n

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.<\/p>\n

\u201cWhen 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,\u201d said agent Kimm\u00e9 Myles. <\/p>\n

\u201cBut we knew we\u2019d have to drop the price if we didn\u2019t get any action, and we didn\u2019t.\u201d <\/p>\n

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. <\/p>\n

\u201cThis was a semi,\u201d Ms. Myles said. \u201cEven a detached [house] has never sold for that price, to this day.\u201d<\/p>\n

\u201cMy client was an architect, and they have a sensibility regarding aesthetics and providence of fabrication.\u201d<\/p>\n

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

The interior has been gutted, expanded and redesigned.Sotheby\u2019s International Realty Canada<\/p>\n

What they got<\/p>\n

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. <\/p>\n

There are two entertaining areas and a dining room with 10-foot ceilings. <\/p>\n

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.<\/p>\n

There are five bathrooms and four bedrooms, including one with a rooftop deck. <\/p>\n

Half of the basement has a studio apartment with a front entrance. <\/p>\n

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

The kitchen has stainless-steel cabinetry, commercial appliances and a high-end ergonomic workspace.Sotheby\u2019s International Realty Canada<\/p>\n

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

\u201cThe house was completely redone, but it still had some original features,\u201d Ms. Myles said. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The semi-detached Victorian home was originally priced at $2.95-million.Sotheby\u2019s International Realty Canada 114…\n","protected":false},"author":2,"featured_media":456029,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[76,354,355,49,48,356,49594,143460,75,1398,968,143459],"class_list":{"0":"post-456028","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arts-and-design","8":"tag-arts","9":"tag-arts-and-design","10":"tag-artsanddesign","11":"tag-ca","12":"tag-canada","13":"tag-design","14":"tag-done-deal","15":"tag-donedeal","16":"tag-entertainment","17":"tag-nodelphi","18":"tag-real-estate","19":"tag-toronto-home-sales"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/456028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=456028"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/456028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/456029"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=456028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=456028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=456028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}