Done Deal, 20 Palace Arch, Toronto
20 PALACE ARCH DR., TORONTO
ASKING PRICE $1,195,000
SELLING PRICE $1.4-million
TAXES $7,572 (2011)
DAYS ON THE MARKET 14
LISTING AGENTS Niels and Doris Christensen, Re/Max Professionals Inc.
The Action: This detached ranch bungalow backing onto Princess Anne Park has a premium setting and layout in the Princess Anne Manor community, so the public open house was busy and a long list of buyers requested private showings.
What They Got: Over the past two decades, the sellers of this late-1950s bungalow personalized and expanded it to suit their needs, so the eat-in kitchen and five bathrooms were remodelled and a rear addition created for a new main-floor family room, two upper bedrooms and an open, sky-lit sitting area.
Hardwood floors appear in the main-floor office, library, living room and master suite, while tile flooring covers the dining area and a multipurpose room.
There are multiple walkouts to a wide deck and a six-year-old in-ground pool on an 80-by-129-foot lot, which also has a private double driveway and built-in double garage.
The Agent's Take: "It was situated on a park setting with a nice in-ground pool," says agent Doris Christensen. "And it was steps to a high-demand school and one of the best golf courses, St. George's."
Buyers also liked that the home kept its quaint appearance despite its other physical changes. "People really like bungalows," says Ms. Christensen. "And it was a larger-than-average bungalow."
Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale price data that is 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.