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Earlscourt townhouse met buyers’ budget target Add to ...

51 FOUNDRY AVE., NO. 55, TORONTO

ASKING PRICE $439,900

SELLING PRICE $446,000

PREVIOUS SELLING PRICE $362,500 (2011); $239,271 (2007)

TAXES $2,366 (2013)

DAYS ON THE MARKET 13

CO-OP AGENT Ira Jelinek, Harvey Kalles Real Estate Ltd.

The Action: Thornhill homeowners wanted a large Toronto property for under half a million, so agent Ira Jelinek suggested this two-storey townhouse near Earlscourt Park. It was the first place they toured, but given the low turnover in the complex, they were prepared to make a strong offer to beat out two other buyers.

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What They Got: In a six-year-old condominium community, this end unit has the look of a brick brownstone and a modern interior with hardwood floors, plus parking in a common garage and monthly fees of $347.

The ground floor was designed with a den, a central kitchen with stainless steel appliances and a living and dining area with access to a patio.

The second floor is divided for three bedrooms and two full bathrooms, including a master ensuite.

The Agent’s Take: “It’s in a cute little area that’s really developing at Davenport and Dupont,” Mr. Jelinek said. “They’re building a Metro just a stone’s throw away, and it’s very close to St. Clair West too, which is a happening area with a lot of good restaurants.”

This unit’s design also combined all the features the buyers wanted. “They knew they couldn’t afford a house but they also didn’t want a condominium in a building. So this fit the bill because it was a townhouse with a ‘home’ feel with multiple floors,” Mr. Jelinek said.

“[Plus] it was an end unit … and it wasn’t an interior unit, so there was more light.”

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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