80 SHANNON ST., TORONTO
ASKING PRICE $849,000
SELLING PRICE $977,500
PREVIOUS SELLING PRICES $601,000 (2005); $385,000 (2003); $378,000 (2002)
TAXES $3,669 (2011)
DAYS ON THE MARKET Eight
LISTING AGENTS Paul Johnston and Matt Manuel, Right at Home Realty Inc.
The Action: This semi-detached house on an elevated 16- by 105-foot lot received a bully offer for less than the asking price, which was rejected by the sellers who later fielded stronger proposals from other potential buyers.
What They Got: Behind the traditional brick façade of this three-storey structure is a modern interior with a fireside living room, central dining area and open kitchen with stainless-steel appliances, including a gas stove, a pantry, access to the smallest of four bathrooms and a walkout to the detached garage. There are three bedrooms on the second floor and a master suite on the top level with a dressing area, private bathroom and balcony.
The lower level could be self-contained as it has a separate entrance, roughed-in kitchen, guest bedroom and recreation room with hardwood floors like the floors above.
The Agent’s Take:“College and Ossington as a neighbourhood has become really popular,” agent Paul Johnston said. “Most of the houses in the city sit on flat, standard pieces of land and this sat quite majestically on a hill.”
This house also had a spacious and stylish design unlike most. “This was one of those rare houses that could truly accommodate a family with three children without compromising space,” Mr. Johnston explains.
“My client is a designer and had spent a considerable about of energy and money on making this a perfect family house, so it was substantially updated and renovated.”