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No upgrades, but bidding war anyway for Richmond Gardens house Add to ...

12 KINGSBOROUGH CRES., TORONTO

ASKING PRICE $849,900

SELLING PRICE $891,000

TAXES $5,530 (2013)

DAYS ON THE MARKET Six

LISTING AGENT JoAnne Gludish, Royal LePage Real Estate Services Ltd.

The Action: The sellers of this detached, two-storey home in Richmond Gardens debated whether or not to upgrade it, but chose to leave it as is and price it in the mid-$800,000s. Barely anything else was up for sale in March, so the place was packed with 40 showings leading up to a bidding war.

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What They Got: Within the bend of a quiet crescent is a 58-by-114-foot corner lot supporting this four-bedroom and four-bathroom house with formal and casual living areas and an attached double garage.

The eat-in kitchen and dining area off the living room have walkouts to the fenced yard, while the family room and lower-level recreation room features gas and wood-burning fireplaces, respectively.

The guest room in the basement is the largest, but the second-floor master suite has a full bathroom and his and her closets.

The Agent’s Take: “c – in Richmond Gardens, which is a desirable pocket because it has a cachet, but also … in the Richview Collegiate catchment area, which is a sought-after high school,” says agent JoAnne Gludish.

“In this area, homes of that vintage and two-storey style often do not have a main-floor family room and this one did.”

Furthermore, buyers liked this home’s older state. “The house is in mainly original condition, which allowed a purchaser to go in and make it their own,” Ms. Gludish explains.

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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