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Detached house in High Park sparks bidding war Add to ...

222 PACIFIC AVE., TORONTO

ASKING PRICE $849,900

SELLING PRICE $971,100

PREVIOUS SELLING PRICES $526,000 (2002); $362,000 (2000)

TAXES $5,052 (2013)

DAYS ON THE MARKET Nine

LISTING AGENT Julie Kinnear, Royal LePage Real Estate Services Ltd. (Now with Keller Williams Neighbourhood Realty)

The Action: Bidding wars are a common phenomenon to acquire houses near High Park, where this detached, 21/2-storey house without parking was subject to 60 showings before a handful of visitors drafted competing offers.

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What They Got: This 2,090-square-foot structure was modernized in various ways, such as updated mechanics and windows, a remodelled kitchen with white cabinetry and stainless steel appliances and professionally landscaped gardens with a flagstone patio and irrigation system.

Entertaining areas are largely open with a fireside living and dining area with original stained glass windows and a lower-level recreation room with access to an office and the 25-by-159-foot grounds.

The second and third floors house four bedrooms, a second-floor dressing room and skylit family room, plus one of three bathrooms.

The Agent’s Take: “It’s a family house and a family-friendly neighbourhood, so it [suits] couples with kids,” agent Julie Kinnear said. “The yard was extraordinary and it was really deep.”

Buyers also had different ideas for the future state of this roughly 90-year-old dwelling. “It was in very good condition, you could easily move in and renovate over time,” Ms. Kinnear said. “It had a potential basement suite with a separate entrance, full bathroom and plumbing ready for a potential kitchen.”

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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