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The Globe and Mail

Home on Mississauga waterfront sells fast


ASKING PRICE $1,088,000

SELLING PRICE $1,088,000

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PREVIOUS SELLING PRICES $935,000 (April, 2012); $715,000 (2007); $420,000 (2000)

TAXES $7,590 (2012)


CO-OP AGENTS Irene Kaushansky and Philip Brown, Keller Williams Advantage Realty

The Action: Several years ago, agent Philip Brown found a family this detached house on a quiet, tree-lined in Mineola. Last year, they sold it to build a custom home next door, but when they saw their old place back on the market six months later, they asked Mr. Brown to help their friends – who resided in a bungalow on an adjacent street – draft a purchase agreement that beat out two rival offers.

What They Got: Not far from the Mississauga waterfront, a 90-by 150-foot piece of land provides the foundation for this two-storey brick house with a three-bedroom plan, a south-facing backyard and a long driveway to an attached double garage.

Inside, there is a fireside living room and a formal dining room with French doors to a tiered deck, which is also accessible from an updated eat-in kitchen, plus three newly remodelled bathrooms and a professionally finished basement with pot lights and laminate floors in an office and recreation room.

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The Agent's Take: "Very rarely does a house come up for sale there, so to have the same house come up for sale twice in 12 months is totally unheard of, which is why the [buyers] were so anxious to jump in and grab it," Mr. Brown explains.

"[The buyers] have friends next door and friends across the street. All of their kids have always played together and all the families have communal barbecues together, so this [let them] live beside their best friends on a much quieter street than where they were."

This house was also designed for all ages to indulge in their pastimes. "It's a great house for a family with a couple small kids. These houses have virtually a park in the backyard and this one was special because it had a giant tiered deck that's huge for entertaining," Mr. Brown says.

"They get a house that gives them all the space they want and they have a couple projects they can do over time."

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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