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Late bidder snags Etobicoke house on a large lot

27 SHAVER AVE. N., TORONTO

ASKING PRICE $699,000

SELLING PRICE $701,000

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PREVIOUS SELLING PRICE $257,500 (2009)

TAXES $3,868 (2014)

DAYS ON THE MARKET Eight

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

The Action: On a street roughly equidistant from Cloverdale Mall and Kipling GO and TTC stations, this 11/2-storey residence scored more than two dozen visitors between private showings and a public open house this summer.

The sellers had one offer in hand, but as those negotiations were wrapping up, a second and better bid was registered and accepted.

What They Got: This three-bedroom and two-bathroom house is divided with several private and public quarters, such as an open living room, a dining area by the eat-in kitchen and a sunroom with a rear exit.

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Excluding the lower-level guest room and recreation area, hardwood floors lie beneath broadloom in areas such as the main-floor bedroom and two bedrooms above.

For parking, there is a private driveway and detached garage.

The Agent's Take: "It's a great neighbourhood with good schools – public and Catholic – and it's not too far from the subway," agent Irene Kaushansky says. "[Plus] there are lots of custom homes in the area."

Aging homes such as this one are ideal for renovators on a budget. "It was a big lot – 50 by 156 – so that was the biggest selling feature," Ms. Kaushansky adds.

"That stretch of Shaver is a little busier than other streets, which is why it sold for $701,000 and not another $50,000 to $75,000 more, which is what a lot of other lots are selling for."

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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