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Agents get four offers, $112,000 over asking for own home


ASKING PRICE $1,089,000

SELLING PRICE $1,201,000

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TAXES $6,316 (2012)


LISTING AGENTS Irene Kaushansky and Philip Brown, Keller Williams Neighbourhood Realty

The Action: When agents Irene Kaushansky and Philip Brown listed their personal residence, just 500 metres from Royal York subway station, they treated it like a client's property, staging and decluttering the interiors to enhance their renovations.

Three busy open houses over Mother's Day weekend and a steady stream of visitors with mid-week showings confirmed its popularity among buyers, four of which vied to produce the highest offer.

What They Got: Between 2006 and 2007, this traditional 1930s house was modernized and expanded in all directions, from creating a lower level office and recreation room with laminate floors and pot lights to a third floor master suite with a walk-in closet, vaulted ceilings and one of three full bathrooms.

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Classic hardwood floors run throughout most areas, including three second-floor bedrooms, a formal living room and dining room with a walkout to a deck, patio and yard, which is also accessible from a family room addition off the kitchen with 11-foot ceilings and built-in shelving.

A private driveway completes the 33-by-120-foot lot.

The Agent's Take: "It's a quiet street, but walking distance to the subway, which was a biggie," says Ms. Kaushansky.

"[Plus] it's in a good school district, near Sunnylea public school."

But practical luxuries, from a new mudroom to modern entertaining space, gave this property an edge over other homes lingering on the market.

"Main floor family rooms are more on the rare side and a lot of them that you see are not quite as big as this," Ms. Kaushanksy explains.

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"The other big thing was the giant third floor master bedroom with an ensuite. Some of the homes that had been listed – whether they were three or four bedrooms – didn't have ensuites."

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.

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