381 ASHDALE AVE., TORONTO
ASKING PRICE $459,900
SELLING PRICE $455,000
PREVIOUS SELLING PRICES $350,000 (2009); $250,000 (2006)
TAXES $2,182 (2012)
DAYS ON THE MARKET Eight
LISTING AGENT Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.
The Action: Shorter amortization periods, crimped budgets and fear of potential bidding wars – still a commonplace in the Leslieville area – had the 80 or so open house visitors to this semi-detached house treading warily. However, an acceptable offer emerged in just over a week at slightly under the asking price.
What They Got: This roughly 70-year-old house contains a mix of finishes, ranging from hardwood floors in the two bedrooms upstairs and living and dining rooms to linoleum in the recently renovated kitchen and concrete in the lower-level recreation room.
Off the kitchen, there is a deck, fenced yard and shed. Parking is available on the streets in front of and behind the 14-by-123-foot lot.
The Agent’s Take: “The character of the house was maintained and the kitchen and bathroom updated,” agent Linda Ing-Gilbert said. “The basement had a walkout and the height was seven feet, which is very rare in homes in this area. Most times they’re less than six feet.”
The land also held value sandwiched between two residential streets. “I consider it a plus to be land locked because for security purposes, you’re not getting somebody walking down the laneway. It’s a very intimate, urban setting,” Ms. Ing-Gilbert said. “[Plus] it was steps to all major amenities, like TTC, grocery stores and shopping.”
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.