183 DOUGLAS AVE., TORONTO
ASKING PRICE $1,395,000
SELLING PRICE $1,375,000
PREVIOUS SELLING PRICE $775,000 (2003); $599,065 (1999)
TAXES $8,231 (2014)
DAYS ON THE MARKET 72
LISTING AGENTS Jeff, Mark, Norah and Paul Oulahen, Re/Max Realtron Realty Inc
The Action: This Bedford Park residence on a 25-by-106-foot lot was initially priced for $1,495,000. But the promotion of other properties nearby was the catalyst for a price drop to $1.395-million, which swayed a buyer to negotiate a deal.
What They Got: This detached residence with a built-in garage is well over a decade old, but its cosmetics are fairly classic with crown mouldings and hardwood floors in both an open living and dining area and rear kitchen and family room also equipped with granite counters, stainless steel appliances and a gas fireplace between exits to a south-facing deck.
A skylit staircase connects all floors, from a basement with a fireside recreation room and guest room to a second floor with three sleeping quarters, including a fireside master with his and her closets and a five-piece ensuite, the largest of four bathrooms.
The Agent's Take: "It's a new construction home approaching 15 to 20-years-old, so it's set up the way you'd do it now, but some of the items were dated," says agent Mark Oulahen. "And it's [the size] you would get if you'd get if you maximized a 25-foot lot."
The home's whereabouts also holds long-term value. "The location is fantastic," Mr. Oulahen states. "It's halfway between Avenue and Yonge, so you could go either way for those awesome amenities, and the schools are great."
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.