116 Kingston Rd., TorontoDave Rempel
116 Kingston Rd., Toronto
ASKING PRICE
$669,000
SELLING PRICE
$679,000
PREVIOUS SELLING PRICES
$623,000 (2014); $537,500 (2012); $475,044 (2008)
TAXES
$3,057 (2015)
DAYS ON THE MARKET
One
LISTING AGENTS
Laura Golbeck and Miranda McKenna, Re/Max Hallmark Realty Ltd.
The Action: At the corner of Kingston Road and Dundas Street, two townhouses sold in early March, illuminating competition and putting the spotlight squarely on this three-storey unit in the same complex. It hosted just a handful of showings and quickly received two rival offers.
What They Got: On a lot measuring 13-by-52-feet is this eight-year-old townhouse with updated appointments, such as hardwood floors, pot lights and crown mouldings throughout the main floor, as well as granite counters and stainless steel appliances in the kitchen.
Decks are located off an open living and dining area and the largest of three bedrooms on the top floor, which has a walk-in closet and one of the house's two full bathrooms.
Practical features include lower level access to a garage that exits to a laneway, which is cleared of snow as part of monthly fees of $205.
The Agent's Take: "It's a very kid-friendly complex – like they put on an Easter egg hunt and the kids ride their bikes in the back – so it's like a little community within a big community," agent Miranda McKenna says.
"It's close to the beach, close to Queen Street and it's in the Bowmore catchment, which is a good school."
Furthermore, modern townhouses such as this are a rare commodity. "It's in an area where there are a lot of older houses, so it's appealing to people to move into something quite modern and new," Ms. McKenna notes.