Done Deal, 117 Evans Ave., Toronto
117 EVANS AVE., TORONTO
ASKING PRICE $649,000
SELLING PRICE $670,000
TAXES $4,241 (2012)
DAYS ON THE MARKET Seven
LISTING AGENT Harman Atkins, HomeLife/Cimerman Real Estate Ltd.
The Action: A couple of blocks north of Bloor West Village, this semi-detached house was set to accept offers after a week of showings and an agents-only open house. The desired outcome – a bidding war – came to fruition with one buyer offering $21,000 on top of the list price.
What They Got: A 19-by-109-foot lot holds up this two-storey brick house that dates back to the 1940s, but was recently updated with new roofing and windows wiring and a high-efficiency furnace.
The layout is traditional with a main-floor living room that has a gas fireplace, a formal dining room and a kitchen with a walkout to the yard and a garage accessed from a laneway, in addition to three bedrooms upstairs, all with hardwood floors like the principal rooms.
There is a separate entrance to an open-concept recreation room in the basement with laminate floors, wood stove and one of two full bathrooms.
The Agent's Take: "The location is in prime Bloor West Village," says agent Harman Atkins. "It's on one of the neighbourhood's more desirable streets."
The property's condition was also a major factor behind the multiple-offer situation.
"Aside from the kitchen, the house was completely updated and renovated," Mr. Atkin states. "In the current market, for homes that are reasonably priced and show very well, [a bidding war] is the norm."
Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale price data that is 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.