Soft market leads to a price reduction on the cottage designed by the architect
Altius Architecture and Gilbert + Burke Custom Homebuilders worked together to create a real estate with four bedrooms on Chandos Lake, located about 2.5 hours of ride north of Toronto.Sotheby’s International Realty Canada
21 Luke Lane, apsley, ont.
Asking price: $ 2.8 million (at the end of May 2025)
Earlier asking prices: $ 2.95 million (early May 2025); $ 3 million (April 2025); $ 3.25 million (February, 2025)
Selling price: $ 2.77 million (July 2025)
Previous selling price: $ 194,690 (July, 2020)
Taxes: $ 9,256 (2024)
Property Days on Market: 99
Frame agents: Maryrose Coleman and Ross Halloran, Sotheby’s International Realty Canada
The action
The beauty of this house with four bedrooms on a plot of 1.87 hectares on Chandos Lake was unmistakable, but bad weather and a weak recreational real estate market led the sellers to shorten its original asking price from $ 3.25 million to $ 2.8 million.
“Selling properties to the water with winter photos is a challenge because people really want to see what it looks like, and you can’t say how deep it is or how the quality of the waterfront is,” said agent Maryrose Coleman.
“Because we are in a falling market, it was necessary to adjust prices.”
The building, about 2½ hours drive from Toronto, is next to 750 feet of environmentally friendly protection.
“It is a swampy area with many wildlife and birds,” said Mrs. Coleman. “For some, that is a disadvantage, because you can’t do a big sailing in that area. [But] If you are a stand-up paddleboarder, canotics, kayaker or swimmer, it is nice not to worry about people who are waving their jetskis in front of your dock. ”
The building was only purchased as a country in 2020 and was then developed as a new home.
There are large windows and patio doors in every room on the ground floor, including the kitchen, plus the recreational area in the basement.Sotheby’s International Realty Canada
What they have
Altius Architecture and Gilbert + Burke Custom Home Builders come up with this house with two floors with 3,414 square meters of living space, including a living room and conservatory with fireplaces, a bedroom on the main floor and an office upstairs with access to a roof terrace.
There are large windows and patio doors in every room on the ground floor, including the kitchen, plus the recreational area in the basement. Glass partially leads the ceiling of the large hall and the floor of the corridor to a loft above the garage.
There are three bathrooms, a dock and a fireplace near the southern coastline.
Glass partially leads the ceiling of the large hall and the floor of the corridor to a loft above the garage.Sotheby’s International Realty Canada
Sotheby’s International Realty Canada
The agent takes
“This has such strong influences of modern design from the middle of the century, but also Scandinavian design,” said Mrs. Coleman.
“Every room has a kind of view of the forest or the lake.”
