The GTA's Luxury Homebuyers Want Bigger and Bolder Features

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Whether it's chef's kitchens, sweeping views, or wine cellars, here's what the deep-pocketed in Toronto are looking for. realestate realestatenews luxury

Sotheby’s International Realty CanadaIts esteemed brokers get up close and personal with them — and their luxury homebuyers and sellers in the Greater Toronto Area .

Chef’s kitchens are in high demand among luxury homebuyers, according to a new report from the brokerage. With double the cupboard space of an average home, the well-off are investing in a secondary kitchen for double the meal prep — and entertaining.in ultra-luxury buildings, 360-degree skyline views are also in high demand. As more luxury condo listings become available, wealthy homeowners want views with no obstruction, says Sotheby’s.

Especially in condo buildings, high-end home seekers are increasingly seeking private elevators. The pandemic undoubtedly plays a role in this demand. At a Generally, today’s luxury homebuyers want to go big, oversized everything. This means oversized windows, couches, fire places, kitchen islands, and patios — the bigger the features, the more coveted.

 

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