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Lack of parking makes home near Bloor Street East a harder sell Add to ...

9 SELBY ST., TORONTO

ASKING PRICE $999,000

SELLING PRICE $995,000

PREVIOUS SELLING PRICE $865,000 (2012); $537,500 (2003); $290,000 (1998)

TAXES $6,152 (2012)

DAYS ON THE MARKET 34

LISTING AND CO-OP AGENT Michael O’Brien, Bosley Real Estate Ltd.

The Action: This two-storey row house near the Sherbourne subway station found no buyer when originally listed with an asking price over the $1-million mark, likely because of the lack of parking and permit parking restrictions on the street. Relisted a month later with the price cut to less than $1-million, a new owner was finally found.

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What They Got: This 2,317-square-foot Victorian was built in 1895 with a classic brick façade and bay windows that bring light into the formal dining area, and a living room with a wood-burning fireplace and exposed brick walls.

A previous owner gutted the interiors to accommodate a law firm, so the sellers gave it a more residential feel by installing new hardwood floors and remodelling three out of four bathrooms as well as the main and lower level kitchens.

Private quarters consist of three upper bedrooms, including one with a Juliet balcony overlooking a south-facing backyard on the 18-by-97-foot lot, plus a 1,178-square-foot basement suite with one bedroom, sitting and living areas.

The Agent’s Take: “It’s a lovely Victorian house that’s very spacious with almost 3,000 square feet of finished space, if you include the basement, which is eight feet high with a walkout at the front to the street,” says agent Michael O’Brien. “Everyone commented on how spacious it was. It had a 30-foot living room.”

Though some buyers were fixated on where to park their car, others were happy to use their feet. “Selby, Linden and Huntley [streets] are in the funniest little pocket that I think are frankly under-priced for being so close to Yonge and Bloor,” Mr. O’Brien adds.

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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