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1940s Etobicoke home draws 16 offers Add to ...

32 TRUEMAN AVE., TORONTO

ASKING PRICE $525,000

SELLING PRICE $603,000

TAXES $3,170 (2013)

DAYS ON THE MARKET Seven

LISTING AGENT JoAnne Gludish, Royal LePage Real Estate Services Ltd.

The Action: In early February, buyers had their choice of properties in the southern section of Etobicoke, including this detached bungalow. Priced just over half a million, many buyers had to see it for themselves, and 16 visitors later battled to produce the best price for the sellers.

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What They Got: Only two families have resided in this original brick residence built around the 1940s with a classic three-bedroom and one-bathroom plan and hardwood floors refinished in areas like the living room and dining area by a tiled, eat-in kitchen.

For extra space, there is a recreation room and guest bedroom with above-grade windows in the basement, which has a separate side entrance to a private driveway, detached garage and fenced 41-by-122-foot lot.

The Agent’s Take: “The house is typical of that era, but by today’s standard it’s viewed as being small,” says agent JoAnne Gludish, who notes this drew in mostly first-time buyers.

“But it’s cute and clean in a nice neighbourhood close to transportation – public transportation as well as highways – and good shopping.”

For buyers with ambition, the house can easily be personalized. “People are rediscovering those old neighbourhoods and gentrifying it by expanding [houses] out, up and at the back,” Ms. Gludish adds.

Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.

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