8 BROOKMOUNT RD, TORONTO
ASKING PRICE $899,900
SELLING PRICE $898,000
PREVIOUS SELLING PRICE $316,400 (1988)
TAXES $5,589 (2013)
DAYS ON THE MARKET 12
LISTING AGENT Ed Allan, Century 21 Brown Ltd.
The Action: In the Beaches, barely any residences were up for sale and even fewer multiplexes like this two-storey house early this spring. To accommodate tenants’ schedules and more than 100 shoppers, agent Ed Allan oversaw group showings until an individual stepped up with an offer.
What They Got: About 30 years ago, updated windows, plumbing and wiring gave new life to this nearly century-old, brick house, which is set up with six bedrooms and six bathrooms divided between five apartments spread across three floors, including the basement.
Units are either bachelors or one-bedroom plans with fridges and gas stoves. Special features include a fireplace in the living room of the main floor unit and a deck off the third floor suite.
Outdoor assets include a west-facing backyard and double garage at the back of the 25-by-118-foot lot.
The Agent’s Take: “There was a lot of interest because there really isn’t much rental property out there, especially in a good neighbourhood,” says Mr. Allan. “The units were anywhere from 400 to 600 square feet.”
Tenants could also do without a car given its proximity to 24-hour streetcars, shops, restaurants, beaches and a boardwalk.
“It’s a fabulous location, very close to the Beaches and a block away from Queen and Woodbine,” says Mr. Allan. “It has lane access at the back and a very good two-car garage, which is ideal for people with cars.”