Done Deal, 2 Randolph Rd., Toronto
2 RANDOLPH RD., TORONTO
ASKING PRICE $978,000
SELLING PRICE $1,176,000
PREVIOUS SELLING PRICES $785,000 (2005); $365,000 (1987)
TAXES $6,651 (2011)
DAYS ON THE MARKET Eight
LISTING AGENT Sheree Cerqua, Royal LePage Signature Realty
The Action: Across the street from Rolph Road Elementary School in south Leaside, this modern abode was a temporary playground for about 100 house hunters roving around freely at open houses and private showings.
Within a few days, a $198,000 premium was paid by a shopper to beat another competitor.
What They Got: A brick bungalow built circa 1940 was renovated and expanded on its 26-by-109-foot corner lot by different owners over the past few decades, so it now has a two-storey plan with four bedrooms, three bathrooms and a family room addition with skylights and double patio doors to the wood-fenced yard.
Hardwood floors, crown mouldings and pot lights appear in areas like the living room, which also has an original wood burning fireplace and leaded glass bay window.
Formal meals can be served in a dining room surrounded by wainscoting or an open breakfast area off the kitchen with built-in storage and stairs to the family room.
On the second floor, the smallest bedroom has a skylight and the largest contains a powder room and sitting area.
Off the private driveway, there is a side entrance to a lower level play area with above grade windows and a fireside guest bedroom with pot lights.
The Agent's Take: "A lot of two-story homes are being purchased and maxed out with builders and families … building huge homes," says agent Sheree Cerqua, who often sees prices rise well over $1-million to $1.6-million. "So there's a hole in the market for homes around $900,000 to $1.2-million … that are spacious and in good condition."
This house also offers good style, but more importantly, great substance. "They did a lot of the mechanical work, put in new windows, skylights, newer a/c and furnace, eaves and roof ," adds Ms. Cerqua. "What was left to do would be mostly aesthetics, like if someone wanted to put in a new kitchen."