981 ROYAL YORK RD., TORONTO
ASKING PRICE $974,900
SELLING PRICE $975,900
PREVIOUS SELLING PRICE $650,000 (2005)
TAXES $6,254 (2011)
DAYS ON THE MARKET 17
LISTING AGENT JoAnne Gludish, Royal LePage Real Estate Services Ltd.
The Action: On a maturely treed street in the Kingsway, this centre hall residence was first listed for $999,900, but relisted at $974,900 to generate more activity among buyers. The strategy worked as several offers were submitted at various times before a deal was signed for $975,900.
What They Got: In the 1940s, this quaint brick structure was built with hardwood floors throughout the fireside living room, a formal dining room with wainscoting, and an eat-in kitchen with a handy pantry, peninsula and sliding doors to a deck, patio and fenced-in yard.
Rounding out the main floor is one of three bathrooms and a bedroom used as a family room.
On the second floor, there is a carpeted study and three bedrooms, including one with a skylight and another with a walk-in closet.
A separate side entrance leads down to a lower level gym and recreation room outfitted with beamed ceilings, a wet bar, a second wood burning fireplace and built-in shelving.
Parking on the 53-by-149-foot lot consists of a private driveway and a built-in garage.
The Agent’s Take: “Most of the homes in the Kingsway would be two-storeys, so a storey and a half is somewhat unusual,” agent JoAnne Gludish said. “It was a beautiful, charming home and with some updating, it’ll be fabulous.”