Toronto home drops asking price by $1.6 million

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Toronto home drops asking price by $1.6 million
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Toronto home drops asking price by $1.6 million Toronto TorontoRealEstate RealEstate

The mansion in Toronto's Bedford Park neighbourhood has its very own full-sized. The backyard court comes complete with adjustable nets, and a raised fence on one side prevents any game-time mishaps.

The home itself was completely renovated in 2021 by luxury builder Jtf Homes, and, per the listing, there is"nothing left to do" except move in. Located on the"most coveted block" on Sandringham Drive, a stately, and heated, circular driveway leads up to the red-bricked abode.Beneath an ornate ceiling, the spacious living room is divided into two separate sitting areas by a large stone fireplace.A second fireplace can be found in the family room, situated between a series of built-in bookshelves.The kitchen features stainless steel appliances, a subway tile backsplash, and a large centre island.

The finished basement contains a rec room with heated hardwood floors, a home gym, and a possible sixth bedroom. There's also an arts-and-crafts room that could function as a home office.Sprawling manicured gardens are shaded by mature trees, while the patio, which is ideal for entertaining, sits beneath an airy awning.Making hoop dreams come true comes at a cost, though - 31 Sandringham Drive is currently listed at $6,995,000.

However, the price is much more palatable than it was just five months ago. When the home first hit the market in June, it came with an $8,595,000 price tag., in July and September, before coming to rest $1,600,000 below the original asking price in early November.

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