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The Globe and Mail

Renovated Danforth home goes $86,100 over asking




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PREVIOUS SELLING PRICE $278,000 (2002); $81,000 (1993)

TAXES $4,581 (2013)


LISTING AGENT Mary Jo Vradis, Royal LePage Estate Realty

The Action: In an east-end community south of Danforth Avenue by the TTC's Greenwood yard, this detached house was filled with 50 buyers between two weekend open houses. With few properties to contend with, much less renovated ones like this, it sold to the best of four offers.

What They got: This 21/2-storey house was completely gutted and transformed into a modern, eco-friendly residence by the sellers – one of which is an architect – with upgraded mechanics and materials, from durable Jatoba cherry wood floors and space-saving pocket doors to maintenance-free, front and back Trex decks.

Ceilings soar nine feet above the enclosed office and an open living, dining and kitchen outfitted with pot lights, a movable granite-topped island and stainless steel appliances, including a gas stove, as well as rear sliding doors.

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An oak staircase connects to three upper bedrooms, including a master suite with a Juliet balcony, one of three bathrooms, and a lower-level recreation area.

At the back of the 21-by-110-foot lot is a private, south-facing yard and rebuilt garage off a laneway.

The Agent's Take: "It's just outside Riverdale in … an up-and-coming little community called the Pocket because there's only one way in," agent Mary Jo Vradis says. "It's a great little spot because it's very accessible to everything – [such as] parks and Queen Street – and you can walk to the subway in five minutes."

Buyers also respected the seller's detail-oriented renovations. "Because it's not a huge home, they made every space count … and everything was energy-efficient," Ms. Vradis says. "It was a unique property with the best price on the street."

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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