466 Markham St., Toronto
466 MARKHAM ST., TORONTO
ASKING PRICE $699,000
SELLING PRICE $788,000
PREVIOUS SELLING PRICE $460,000 (2004)
TAXES $5,213 (2011)
DAYS ON THE MARKET four
LISTING AND CO-OP AGENTS Nancy, Elden and Daniel Freeman, Freeman Real Estate
THE ACTION: During a typically quiet winter season, agents Nancy, Elden and Daniel Freeman sold a South Annex property in an intense bidding war.
So they reassured owners of this over century-old Edwardian nearby that it was a good time to put it on the market. Plus, the Freemans already had a buyer in mind – a client who lost out in a few multiple offer situations – who quickly presented a strong bid that was better than five competing shoppers.
WHAT THEY GOT: Situated on a 15- by 125-foot lot, this three-storey, attached townhouse contains three apartments, each with four-piece bathrooms, a fridge and stove.
The first apartment features a fireside living room, a dining area and renovated kitchen, all with pot lights, as well as one bedroom on the main floor and a second bedroom on the lower level.
The front portion of the basement is a bachelor apartment.
The third unit spans two upper floors, arranged with an open living area, dining space, remodeled kitchen and bedroom on the second floor, along with two bedrooms, including one with a deck, on the third floor.
THE AGENT'S TAKE: "The upper unit was really nicely renovated, so it showed very nicely and it was very spacious … and the main floor was a big apartment too," says agent Elden Freeman. "It's a good buy and it's in a great neighbourhood to rent out."