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Toronto High Park home sells $34,000 under asking Add to ...

BLOOR AND RUNNYMEDE

49 Evelyn Ave., Toronto

ASKING PRICE $849,000

SELLING PRICE $815,000

PREVIOUS SELLING PRICE $325,000 (1998)

TAXES $5,005 (2011)

DAYS ON THE MARKET 77

CO-OP AGENT Nutan Brown, Royal LePage West Realty Group Ltd.

THE ACTION: Homeowners wanting to relocate to an older home within walking distance from Bloor Street West assessed half a dozen options with agent Nutan Brown. They ultimately submitted a bid for this detached, two-storey residence a couple blocks north of High Park.

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WHAT THEY GOT: This 1920s residence is set on 49-by 78 foot lot with mature trees everywhere from the front lawn by the driveway and garage to the tiered garden in the southeast-facing backyard.

Finishes range from ceramic floors in the foyer and kitchen to hardwood floors in the entertaining area and a dining room with French doors to a deck.

On the second floor, there is a four-piece bathroom and three bedrooms, including one connected to a master suite with a gas fireplace.

An extra guest bedroom is located in the basement, along with a toilet and office with built-in cabinetry and a walkout to a patio.

THE AGENT’S TAKE: “It’s a beautiful winding street in Bloor West that’s about a 10 to 12 minute walk to Bloor, so it was perfect, and it’s in an excellent school district,” says Ms Brown.

“[Plus] what we loved was the ravine-like setting at the back. It sits high on a hill and it overlooks many of the homes and streets down below, so it’s got a beautiful panoramic view.”

The buyers were also pleased some areas of the property needed work, while others didn’t. “[The buyers] are very good with rejigging and renovating, so they wanted a property with that potential and this did,” Ms. Brown explains.

“It’s on a sloped backyard that’s all landscaped … so the appeal was that it was low maintenance.”

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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