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Home in a Don Valley pocket neighbourhood sells swiftly Add to ...

1158 GREENWOOD AVE., TORONTO

ASKING PRICE $699,900

SELLING PRICE $686,000

PREVIOUS SELLING PRICES $615,000 (2010); $185,500 (1999)

TAXES $4,087 (2012)

DAYS ON THE MARKET 11

LISTING AGENT Mary Jo Vradis, Royal LePage Estate Realty

The Action: In a residential community hugging the south side of the Don Valley Parkway before winding downtown, this detached residence welcomed two open houses with over 30 buyers each time. With a shortage of other alternatives, it sold relatively swiftly in less than two weeks.

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What They Got: In 2009, a roughly 50-year-old bungalow was topped up with a second floor so it encompasses 1,460 square feet of living space, including an office area in the largest of three upper bedrooms, as well as a new access point to reach the deck from both the kitchen and a 700-square-foot basement with a fireside recreation room.

Accommodating short or long-term guests is easy with open living and dining areas with laminate floors and nine-foot ceiling, three bathrooms and two-car parking on the 32-by-100-foot property.

The Agent’s Take: “It’s in Woodbine Heights, so it’s a nice little pocket with lots of new homes in the area,” agent Mary Jo Vradis said. “And it’s right off the DVP, which is a big selling feature for young, first-time buyers.”

This house is also typical of the local housing stock. “It doesn’t really need any work, it was in move-in condition,” Ms. Vradis added. “It had a private driveway, which was a nice bonus.”

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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