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Buyer trims cost of Willowdale home

Special to The Globe and Mail

220 Elmwood Ave., Toronto

220 ELMWOOD AVE., TORONTO

ASKING PRICE $1,625,000

SELLING PRICE $1,580,000

PREVIOUS SELLING PRICE $925,000 (2007)

TAXES $7,000 (2011)

DAYS ON THE MARKET 26

LISTING AGENT Bill Thom, Re/Max Realtron Realty Inc.

The Action: Deep within the established Willowdale community, just a few minutes west of the upscale Bayview Village mall, this detached house had requests for over two dozen private appointments.

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What They Got: This stucco and plaster residence has a grand presence on a 42- by 134-foot corner lot with its two-storey portico, decorative quoins, arched accent windows and a built-in double garage tucked to the side.

The interiors were lavishly finished with nine- and ten-foot ceilings on the main and lower level respectively, five granite bathrooms and a sky-lit foyer with granite floors, Roman columns and a winding staircase with wrought-iron railings, plus central vacuum and security systems.

Public entertaining spaces include a fireside living and dining area, a fireside family room and an adjacent eat-in kitchen with a walkout to a deck and fenced-in backyard.

For privacy, there is a fully-panelled den with French doors and four upper bedrooms, including one with a private bathroom, another with a walk-in closet, and a master with larger versions of both those features.

The basement is self-contained with a separate entrance, a fifth bedroom, bathroom, open kitchen and carpeted recreation room with above-grade windows and pot lights.

The Agent’s Take: “The layout is very efficient and the finishings are very detailed, quality finishings, such as quality granite tops, gas fireplaces, cornice mouldings, skylights and hardwood flooring,” says agent Bill Thom. “Other homes have that, but this was done one level up in terms of details.”

Despite being built nearly two decades ago, it has many extras today's buyers want, such as more headroom on the lower level. “It was ahead of its time,” says Mr. Thom. “It's a corner property, so it lets in a lot of light ... and there's one less potential bad neighbour.”

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