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Done Deal, 50 RAMBLEWOOD DR., TORONTO
Done Deal, 50 RAMBLEWOOD DR., TORONTO

Despite water damage, Scarborough bungalow sells $65,500 over asking Add to ...

50 RAMBLEWOOD DR., TORONTO

ASKING PRICE $550,000

SELLING PRICE $615,500

PREVIOUS SELLING PRICE $485,000 (2005)

TAXES $4,187 (2012)

DAYS ON THE MARKET 10

LISTING AGENT Heather Lemieux, Royal LePage Connect Realty

The Action: Many buyers believed this brick-and-stone house was drastically underpriced in the mid-$500,000s until they saw the old-fashioned finishings and extreme water damage inside. Yet, there was a busy agents open house and nearly 70 showings, which produced several bids on the offer date.

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What They Got: In 1981, this centre-hall residence was built with a traditional four-bedroom plan. It was also built with an attached double garage, in-ground pool and shed on the fully fenced 65-by-108-foot lot.

Beyond the double-door entryway is a foyer with decorative wainscoting, a circular staircase and French doors to a den and a combined living and dining area with hardwood floors.

Across the rear is an eat-in kitchen and sunken family room with a wood-burning fireplace and patio door.

A walk-in closet and largest of four bathrooms with a whirlpool tub are highlights in the master suite upstairs.

The Agent’s Take: “The location is excellent in the Centennial/West Rouge area, which is the only area in the city of Toronto that’s surrounded on three sides by water and has no high-rises,” agent Heather Lemieux said. “We’ve got the waterfront trails and GO train on the Lakeshore line … and that street is mature and tree lined.”

Though this home was not renovated like others, which can fetch upward of $800,000, it had other benefits.

“There was a lot of interest in the property because of the prince point,” Ms. Lemieux added.

“The back was very nice because it was all kitchen and sunken family room.”

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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