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Would you pay $1.1-million to live at Toronto's Ossington and Dundas? Add to ...

35 LAKEVIEW AVE., TORONTO

ASKING PRICE $995,000

SELLING PRICE $1,117,000

PREVIOUS SELLING PRICE $322,000 (1988)

TAXES $4,342 (2012)

DAYS ON THE MARKET Seven

LISTING AGENT Kate Watson, Bosley Real Estate Ltd.

The Action: More than 200 groups inspected this detached residence about a block north of Dundas Street, near trendy restaurants and galleries along Ossington Avenue. After one week of exposure, there was a bidding war between three buyers.

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What They Got: This late 19th-century Victorian easily accommodated the long-time owner’s various friends and family with 2,404 square feet of space across three floors. A 952-square-foot basement suite has a living room, kitchen and laundry room with stairs leading to the patio, gardens and rear parking.

The main floor features an entertaining area with a decorative fireplace, hardwood floors and moulded ceilings, as well as a central kitchen and rear family room with a back mudroom to the 23-by 110-foot lot.

The second floor houses one of three four-piece bathrooms and four bedrooms, including one with kitchen facilities and another with a rear deck. Meanwhile, the top floor has an open loft bedroom with sky lit vaulted ceilings and rooftop access.

Agent’s Take: “The area itself has mostly semis,” says agent Kate Watson. “[So this] is special because it’s detached and it is a Victorian.”

Buyers were also enamoured by the property’s picturesque setting, from the blooming clementis lining the front walkway to the wide boulevard it fronted onto.

“It’s on Lakeview, which … was originally a private driveway leading to a manor house that is now gone. But it’s an amazing boulevard with very wide grass strips on both sides of the street.” Ms. Watson explains. “So it’s really a lovely street and one of a kind for the area.”

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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