Done Deal, 115 Earl Place, Toronto
115 EARL PLACE, TORONTO
ASKING PRICE $619,000
SELLING PRICE $640,000
TAXES $3,725 (2012)
DAYS ON THE MARKET Four
LISTING AND CO-OP AGENT Christopher Kowal, Royal LePage Urban Realty
The Action: The last sale in this row of seven freehold town-houses was back in 2009. So when this 1,300-square-foot unit came on the market it was immediately flagged by eight potential buyers requesting private showings. Another two dozen parties attended an open house. By the fourth day of an exclusive listing with agent Christopher Kowal, three offers were delivered.
What They Got: This three-storey brick townhouse on a 13-by-47-foot lot was built on a quiet, residential street in 1981, so the sellers invested in a new roof, windows, air conditioning and carpeting over the past decade.
Behind the private interlocking driveway and gated carport is entry to a foyer and family room with a walkout to a 100-square-foot patio with southern exposures.
Other public quarters include a second-floor living room with a wood-burning fireplace, a dining area and separate eat-in kitchen, as well as a 600-square-foot basement with an office, games room, cantina and laundry closet.
Two bedrooms and the largest of three bathrooms are allocated to the third floor.
The Agent's Take: "There are a lot of condo townhouses where you're paying maintenance fees, but this is completely freehold, so there are no maintenance fees," Mr. Kowal said. "It's a five-minute walk to Yonge and Bloor in a really up-and-coming area with new condos being developed on Charles Street."
Like other units, the layout is unconventional, yet functional. "You actually go upstairs to your living area, which is nice because you have a nice view of the street," adds Mr. Kowal. "There are bathrooms on every level, and the other great thing is that it has a full basement, which is very unusual in townhouses."
Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale price data that is 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.