120 Greyabbey Trail, Toronto
ASKING PRICE $569,900
SELLING PRICE $565,000
PREVIOUS SELLING PRICE $460,000 (2013)
TAXES $3,120 (2014)
DAYS ON THE MARKET Two
LISTING AGENT Mary Jo Vradis, Royal LePage Estate Realty
The Action: This detached bungalow is surrounded by water, from an in-ground pool to the shores of Lake Ontario along the Scarborough Bluffs. So an agents-only open house brought in about 20 water-loving families and flippers, including three sets anxious to make a winning offer in light of the low inventory early this year.
What They Got: Less glamorous parts of this 1,230-square-foot bungalow were updated – including the wiring, eaves, soffits and garage roof – leaving its roughly 60-year-old frame intact with formal cooking, dining and living rooms, as well as three bedrooms, including a master with a walk-in closet.
The basement is roughly equal size, but allotted two bedrooms, a second bathroom, den and recreation room with a walkout to the 55-by-130-foot lot.
The Agent's Take: "It's right by the bluffs, so you could literally walk to the lake in two seconds," says agent Mary Jo Vradis. "And it backs onto a park and trails backing onto the ravine."
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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