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Early bid short-circuits East York home’s open house Add to ...

247 GLEBEMOUNT AVE., TORONTO

ASKING PRICE $849,900

SELLING PRICE $840,000

PREVIOUS SELLING PRICE $647,000 (2008)

TAXES $5,206 (2013)

DAYS ON THE MARKET Four

LISTING AGENT Mary Jo Vradis, Royal LePage Estate Realty

The Action: With fewer East York properties selling in bidding wars at the height of summer, offers could be presented at any time for this six-year-old residence. That move prompted one of the first 20 visitors to present an offer just before a scheduled open house on the weekend.

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What They Got: A bungalow on a 25-by-125-foot lot was redeveloped with this 1,800-square-foot house with four bedrooms, four bathrooms and open entertaining areas with pot lights, as well as a handy laundry room upstairs, central vacuum system and custom shed and garage off a mutual driveway.

Nine-foot coffered ceilings and hardwood floors laid on a diagonal add grandeur to the fireside living room off the foyer. The rear cooking and dining area is outfitted with a granite-topped island, pantry, stainless steel appliances and French doors to a tiered deck.

The sleeping quarters include a master suite with his-and-her closets and a sky-lit bathroom upstairs and a guest bedroom off the lower-level recreation room.

The Agent’s Take: “It was well cared for and a brand new renovation six years ago,” agent Mary Jo Vradis said. “It has a great use of space and great finishes, so it wasn’t your typical cookie-cutter builder.”

Buyers were also enamoured by various kid-friendly components. “Woodbine Heights is a great up-and-coming location for young families because of its proximity to everything – downtown, the Danforth and the trails,” Ms. Vradis added. “Usually, [homes] there are three bedrooms, so you don’t typically find a four-bedroom house on a non-busy street for that price.”

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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