87 OTONABEE AVE., TORONTO
ASKING PRICE $619,000
SELLING PRICE $619,000
PREVIOUS SELLING PRICES $372,500 (2004); $258,000 (1994)
TAXES $3,602 (2011)
DAYS ON THE MARKET None
LISTING AGENT Bill Thom, Re/Max Realtron Realty Inc.
The Action: A solid offer – free of conditions and with a flexible closing date – was placed before the sellers of this house within hours of its posting.
What They Got: This roughly 50-year-old residence sits on a 61- by 100-foot corner lot in Newtonbrook and has a south-facing backyard and private driveway.
At the centre of the house is a large open area with beamed cathedral ceilings above an entertaining space by a brick fireplace, a dining area by the sliding doors to the deck and a galley-like kitchen. Rounding out the main floor are two bedrooms, including one that could double as a home office since it has access to a second deck.
The principal rooms can be seen from the second floor landing, leading to two more bedrooms, both with carpeting and his-and-her closets.
Last year, two of the four bathrooms were renovated, and six years ago, the basement was remodelled into an self-contained suite with kitchen facilities, entertaining area and a bedroom, as well as a separate entrance.
The Agent’s Take: “It’s not your usual cookie-cutter home. It’s very unique, more like a cottage,” says agent Bill Thom. “It’s right next to a bus stop, so that’s a plus if you take the TTC – you have a whole host of chauffeurs to drive you home … around the clock – but it could be a minus for some people afraid of the noise.”
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