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Regals Heights reno sells $49,000 under asking Add to ...

31 REGAL RD., TORONTO

ASKING PRICE $839,000

SELLING PRICE $790,000

TAXES $4,300 (2012)

DAYS ON THE MARKET 94

LISTING AGENT Lucais Shepherd, Re/Max West Realty Inc.

The Action: This recently renovated single-family home in the Regal Heights community was listed for $839,000 during the summer. But despite interest from several buyers lined up for private showings and open houses, the price was dropped to $815,000 and an offer was negotiated shortly after that.

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What They Got: This century-old brick Edwardian combines traditional and modern elements, starting with a new porch, windows and roofing, as well as an updated deck off the kitchen, freshly groomed gardens, patio, fountain and shed created from a former garage at the back of the 30-by 139-foot lot.

Inside, the fireside living room and formal dining room feature classic crown mouldings and hardwood floors, while two full bathrooms and a galley-style kitchen feature modern slate floors and granite counters respectively.

The lower level was also remodelled with a guest bedroom and recreation room, while the second floor retains a three-bedroom plan.

The Agent’s Take: “For that area, a lot of the houses are much larger, so it’s an entry-level house for prestigious Regal Road,” states agent Lucais Shepherd. “It has a lot of original features, so it was a charming house.”

This property’s particular placement in the community was also prime. “It was just down the road from Regal Road [Junior] Public School, which makes it great for families,” Mr. Shepherd adds.

“It was on the south side of Regal Road, which gives it wonderful south views and exposures, and a wonderful south-facing backyard professionally landscaped.”

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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