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Buyer pays premium for east Danforth home Add to ...

207 LINSMORE CRES., TORONTO

ASKING PRICE $649,000

SELLING PRICE $705,000

PREVIOUS SELLING PRICE $463,000 (August, 2012)

TAXES $2,969 (2012)

DAYS ON THE MARKET Seven

LISTING AGENT Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.

The Action: Agent Linda Ing-Gilbert is not a fan of pricing homes to intentionally start a bidding war, so this detached residence was listed last month at fair market value.

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But after a series of private showings, several buyers were keen to pay a premium for it, especially with few alternatives in the neighbourhood.

What They Got: On a short street nearby well-established amenities surrounding the East York Civic Centre, this 21/2-storey Victorian sits on a 25-by-134-foot lot with a private front driveway and fenced-in backyard with a deck, open green space and custom, 100-square-foot shed.

Last summer, the original 1930s structure was exposed of its original brick and wood details and refurbished with updated mechanics, three contemporary bathrooms and sky-lit kitchen with cathedral ceilings, hardwood floors, quartz counters, tile backsplashes and stainless-steel appliances, plus rear sliding doors.

Entertaining areas are open concept with pot lights and windows for illumination, from the main floor living and dining areas with nine-foot ceilings to a lower-level recreation room.

Two bedrooms and a third floor loft offer privacy on the upper levels.

The Agent’s Take: “It has all the components: it’s renovated, it has three bedrooms, it’s detached and it has parking,” says Ms. Ing-Gilbert.

“It had the new married with character, and it was in a good school district.”

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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