39 POYNTZ AVE. TORONTO
ASKING PRICE $888,000
SELLING PRICE $900,000
PREVIOUS SELLING PRICES $554,500 (2005); $250,000 (1996)
TAXES $4,125 (2011)
DAYS ON THE MARKET 11
LISTING AGENT Bill Thom, Re/Max Realtron Realty Inc.
The Action: Just a couple blocks from the Sheppard subway station, shops, restaurants, cinemas, arts and aquatics centres on Yonge Street, this detached, two-storey house welcomed about 30 buyers, including two who made competing offers.
What They Got: This roughly 50-year-old residence has a traditional front porch and four-bedroom plan with oak hardwood floors throughout, a fireplace in the living room and decks off a dining room and an upper bedroom.
Modern improvements include new roofing and air conditioning unit installed in 2003, three updated bathrooms and ceramic tile floors in the foyer and eat-in kitchen.
The basement apartment is self-contained with a separate side entrance, bedroom and combined kitchen and family room with a second set of appliances.
A south-facing backyard and detached garage round out the 50-by-110-foot lot, which is across from a parking lot.
The Agent’s Take: “The house is close to Yonge and Sheppard, really a stone’s throw away or a 1½-minute walk to the subway,” agent Bill Thom said.
“It could be a future redevelopment area, developed into a highrise or townhouses. But in the meantime, you still have a good four-bedroom house you can live in or rent out the basement.”