401 Lake Crescent – Conditionally Sold

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Did you read about this house in the StarPhoenix?

This was a fun home for us to sell. It is currently, conditionally sold.

 

About The 401 Lake Cres House :

This home was originally constructed in 1958. If you tried to build it (and replicate now as a new build) we estimate this home would have cost around $1.2 million. However, this home is listed at $849,900 and is well below the replacement cost.

This house is classic and yet, the updates, make it new and modern. It really is the best of both worlds.

When Manolis and Genevieve Barlas decided to renovate their family’s longtime residence at 401 Lake Crescent, they went all out! They worked  with Trevor Ciona and Curtis Elmy of Atmosphere Interior Design. It was decided they would strip the 2,400 square foot bungalow down to the studs and reinvent the mid-century modern home into the future.

The homeowners spared no expense on the upgrades, including replacing the home’s heating and mechanical systems and electrical, upgrading the insulation and opting for a new stucco and stone exterior.

The open flow between the kitchen, dining room and sunken living room is ideal for entertaining large groups. Flawless solid oak hardwood flooring extends throughout the space.

 

The Numbers For 401 Lake Cres:

$849,900

4 BEDS

5 BATHS

2,410 SQ FT.

1958 BUILT

401 lake cres

 

What We Think:

 

We think bungalows are making a huge comeback. There are more and more people rightsizing in this economy. There are less people looking for two storeys and 4 storey split levels and bungalows are back. Bungalows are great for people worried about mobility. Bungalows are great for people with children as everyone is on the same level.

Bungalows are also scares in the new neighbourhoods because lot sizes are too small. That’s why we think this home and this neighbourhood have it all.

If you want to learn more about the house, click here. If you want to see the write up in the StarPhoenix, click here.

Gregg Bamford and Ryan Bamford