September 13, 2010

BuzzBuzzHome has had the pleasure of visiting Canlight Realty Corporation’s Ancroft Place on numerous occasions, and we can attest that it is a wonderful and unique development.

The project has been such a success, that every time they release units they sell them out within days. Now on September 15 the developer will release the final suites at Ancroft Place for sale.

These charming English country style, two and three storey homes, set on a leafy cul-de-sac on the north bank of Toronto’s Rosedale Ravine are just north of Bloor East off Sherbourne Street.

Even if not purchasing, this little gem is worth checking out.

This phase features its own model suite and occupancy is now possible within 60 days. The phasing was mainly set to allow refurbishing and restoration including amongst many other items, new roofs, new kitchens and baths and top-to-bottom redecorating

Prices range from $1.2 to $1.4 million, terrific value considering Ancroft Place townhomes and more like single family Rosedale mini-mansions than traditional townhouses.

Built in 1927 on Crown land granted to its original owner in 1803, Ancroft Place mirrors its Rosedale neighbors. These townhomes were originally built as rental town homes for the city’s elite.

They range in size from 1,900 square feet to 2,800 square feet and offer anywhere from three to six bedrooms. Those finely crafted details much prized in the period are still intact, lovingly preserved over the years. Ancroft Place has had only two owners in 83 years – lawyer and business leader Kenneth Mackenzie who built it and celebrated custom home builder Thomas Kellner, who acquired it in 1972.

Mr. Kellner even chose to make Ancroft Place his home. His 2,600-square-foot mansion in miniature, complete with swimming pool, sits at Number 18 and overlooks the lush ravine just to the south.

All homes have traditional 9-foot ceilings and all the architectural bells and whistles you would expect in the way of moldings, baseboards, oak flooring and lead-framed windows. Each has a new high efficiency heating system to provide hot water to radiators, together with a new air conditioning system; finished basements are an option. There are period garages to the rear plus ample outdoor parking.

Principal rooms are large; separate dining rooms were de rigueur as were wood burning fireplaces in the living room. Indeed some homes have a fireplace in the bedroom and others have living rooms large enough to accommodate a baby grand piano with ease.

“The only things that connect them might be a shared wall and, of course the magnificent grounds,” says Vernon Shaw, Canlight Realty’s president. “There are no amenities like swimming pools, work out rooms, party rooms and such.”

This, however, brings with it a major plus: Low monthly maintenance fees.

Another advantage is Canlight’s skill as a property manager. The company will work with buyers to customize their homes as required, Mr. Shaw says.

“For many people this will represent a once-in-a-lifetime opportunity: The chance to own a heritage private home in Rosedale for less than the cost of a Yorkville condo,” he says.

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