159 GLENROSE AVE., TORONTO
ASKING PRICE $2,695,000
SELLING PRICE $2,740,000
PREVIOUS SELLING PRICE $2,765,000 (2013); $1,200,000 (2012)
TAXES $15,255 (2014)
DAYS ON THE MARKET 47
LISTING AGENTS Jeff, Mark, Norah and Paul Oulahen, Re/Max Realtron Realty Inc.
The Action: In November, the Oulahen family sold this custom-built Moore Park residence for $2.765-million.
But the buyer had a change of plans so the four-bedroom property was listed again with the Oulahens, who were armed with extensive marketing tools, including brochures, open houses and a strong social media presence. With a lull in activity, a price drop from $2.798-million to $2.695-million spurred two buyers to make offers simultaneously, pushing the value back up to $2.74-million in February.
What They Got: Just a few years ago, this 4,768-square-foot house was completed with a centre hall plan and lavish appointments, such as hardwood, granite, marble and limestone finishes, heated floors in six bathrooms and a central vacuum system. The property also has a detached double garage on the 37-by-142-foot lot.
Public quarters consist of an office, living and dining rooms with wainscotting, a fireside family room and eat-in kitchen with Sub-Zero and Wolf appliances and double doors to a south-facing deck and fenced yard.
More casual spaces are on the lower level where there is a recreation room, gym, guest bedroom with a walk-in closet and bathroom.
The Agent’s Take: “The biggest feature is that it’s in Moore Park on a great street,” says agent Jeff Oulahen. “Up in the second bedroom, you get a view of the city and CN Tower, so the location and proximity to Yonge and St. Clair and ravine system is fantastic.”
The novelty of a new house and unconventional design also captivated buyers. “New [homes] in Moore Park are quite rare,” Mr. Oulahen states.
“From the outside, it looks like an old house that blends right into the neighbourhood … but inside they had fun with colours, mouldings and trim work to make it more transitional – not super-modern or classic – like the painting for the trims and doors were darker than the walls, which is a little different.”
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.