23 CANNES CIRCLE, TORONTO
ASKING PRICE $499,000
SELLING PRICE $530,000
PREVIOUS SELLING PRICE $261,672 (2002)
TAXES $2,800 (2012)
DAYS ON THE MARKET Eight
LISTING AGENT Anil Khera, Royal LePage West Realty Group Ltd.
The Action: To prepare this semi-detached house for its close-up appearance in marketing materials, the interiors were painted and staged. With few properties available in the up-and-coming community – once home to the Ontario Stock Yards – this one reeled in more than three dozen visitors, including one who made a pre-emptive offer days before the sellers planned to review any.
What They Got: At the very end of a quiet cul-de-sac is a 16-by-87-foot, pie-shaped lot supporting this 11-year-old brick residence and a detached garage by the rear laneway.
Inside, there are three carpeted bedrooms upstairs and two bathrooms, a combined living and dining area with parquet floors and an eat-in kitchen with ceramic floors and a back door to the yard.
An apartment could be created in the basement, which features concrete floors, above grade windows and a walk up.
The Agent's Take: "The location is pretty fantastic … close to transit, lots of good shopping and good access to cool areas, like the Junction," says agent Anil Khera.
"Right at Keele and St. Clair is a huge retail project – with a Best Buy, Target and Old Navy – and everything like grocery stores, restaurants and bars all within walking distance."
This house also has features some buyers can't get within their budget in established communities nearby, like Bloor West Village.
"It offers a lot of space for the money, so that attracted people," Mr. Khera adds.
"This particular house is in one of the better locations in this pocket because it's on a little circle with only 20 or 30 homes, so it's tucked away with no through traffic."
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.