42 ALBERTA AVE., TORONTO
ASKING PRICE $999,000
SELLING PRICE $1,085,000
PREVIOUS SELLING PRICE $394,000 (2005)
TAXES $5,069 (2013)
DAYS ON THE MARKET Seven
LISTING AGENT Kevin Alvarez, Royal LePage Real Estate Services Ltd.
The Action: Buyers had a few properties to choose from in the Wychwood community this summer, yet this renovated semi-detached house with parking quickly reeled in two dozen serious buyers. On the offer date, competing bids pushed the final price up to $1.085-million.
What They Got: About eight years ago, the sellers completely gutted this roughly century-old house on a 25-by-100-foot lot to install updated mechanics, new jatoba hardwood floors throughout areas like the fireside living room and a contemporary kitchen that is now open to the dining area and features an island, granite counters, stainless steel appliances and French doors to a cedar deck.
Upstairs are laundry facilities and four bedrooms, including one with a fireplace and another remodelled with a walk-in closet and one of four bathrooms with marble floors, a claw foot tub and shower stall.
The basement suite contains sleeping, living and cooking quarters.
The Agent's Take: "It's a destination neighbourhood where people walk to do their shopping along St. Clair. There's also the Wychwood Barns that is close by and it's a good school district too," agent Kevin Alvarez says.
"Usually with semi-detached homes you get around 2,400 square feet, but on this block of the street, you get almost 3,000 square feet – they're quite large with three storeys – and this one has a basement apartment as well."
Further swaying buyers was its makeover. "The big difference between this one and other homes in the area is they have a really nice open plan on the main floor," Mr. Alvarez notes. "The other thing is they turned the third floor into a master bedroom retreat with a really large, five-piece ensuite with a nice claw foot tub."
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.