House near the Zoo sells under asking to second bidder

156 MEANDERING TRAIL, TORONTO

ASKING PRICE $639,900

SELLING PRICE $620,000

PREVIOUS SELLING PRICE $314,256 (2005)

TAXES $3,170 (2014)

DAYS ON THE MARKET 21

LISTING AGENTS Jenelle Cameron, Laura Golbeck and Miranda McKenna, Re/Max Hallmark Realty Ltd.

The Action: In the community just south of the Toronto Zoo, this detached house banked nearly 20 showings and a low offer that fell apart. By the third week, a better bid of $620,000 was delivered.

What They Got: On the north side of a pond and public green space is this two-storey house with a 1,900-square-foot plan, a built-in garage, central vacuum system and professionally landscaped, 35-by-81-foot lot with a south-facing backyard.

The decade-old, brick structure was updated over time, so it bears hardwood floors in the living room and the dining area off an eat-in kitchen with a walkout to a cedar deck.

The second floor features laundry facilities and four carpeted bedrooms, including a master suite with a walk-in closet and one of three bathrooms.

There is a basement with a separate entrance, fifth bedroom and recreation room with a built-in bar.

The Agent's Take: "Because it backs onto a pond and ravine, it's really lovely," says agent Jenelle Cameron. "It's a nice community for people who want a bigger home that's new, but still want to be in Toronto without spending $2-million."

Though this home did not have a basement suite like neighbouring properties, it had the essentials. "It's the same size and style of most homes, and it was finished very nicely compared to some," Ms. Cameron adds.

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.