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Etobicoke townhouse draws upsizing couple Add to ...

71 OLD BURNHAMTHORPE RD. NO. 14, TORONTO

ASKING PRICE $359,900

SELLING PRICE $355,000

TAXES $2,221 (2012)

DAYS ON THE MARKET 13

LISTING AGENT Ed Allan, Royal LePage West Realty Group Ltd.

The Action: In a quiet community south of Centennial Park, near Pearson airport and the 427 and 401 highway junction, this condominium townhouse opened its doors to about ten buyers requesting personal visits late last year.

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What They Got: In a roughly 40-year-old complex, this two-storey townhouse retains its traditional three-bedroom design with a separate eat-in kitchen, carpeted dining room and rear entertaining area with access to a south-facing patio and semi-enclosed yard, plus two bathrooms and a lower level recreation room.

Monthly fees of $456 covers the cost of water and cable and upkeep of the grounds and garage, where this unit has one spot.

The Agent’s Take: “It’s a very unique development in that it has underground parking,” says agent Ed Allan. “Markland Woods has a lot of bigger homes, so a lot of people who buy in that area are basically downsizing. This particular [buyer] is actually upsizing, moving out of their parents’ house.”

This townhouse was also well located in Etobicoke. “There are excellent schools, it’s very close to a big shopping centre and there is a TTC bus that takes you to Islington subway,” Mr. Allan adds.

“Also, you’re very close to Centennial Park recreation area and Etobicoke Olympium where they do all the training … for the Olympic swimmers.”

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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