11 Waterbeach Crescent
ASKING PRICE $524,900
SELLING PRICE $540,000
TAXES $2,793 (2015)
DAYS ON THE MARKET Two
LISTING AGENT Anita Merlo, Bosley Real Estate Ltd.
The Action: Rexdale real estate tends to take at least three weeks to sell, so it was something of a surprise when this detached bungalow near the West Humber River collected four offers within 24 hours, even with other listings available mid-March.
What They Got: The wiring and windows are among the updated elements of this 57-year-old brick bungalow, which the sellers kept in original condition with wood floors hidden beneath broadloom in the three bedrooms, living and dining rooms.
Supporting features include an eat-in kitchen and two bathrooms, including one in the basement, which has panelled family and recreation rooms and a separate exit to the attached garage and pie-shaped grounds.
The Agent's Take: "The lots are usually 40-by-110 or 120 feet, but this was 34-by-154-feet and 116-feet across the back, so the size of the yard is probably 2.5-times bigger than most backyards," says agent Anita Merlo. "And it was on a quiet court as well."
End users, rather than builders, could foresee the most return. "It was so pristine inside, it was almost like a time capsule," Ms. Merlo states.
"It's still one of the more affordable areas, … [where] you can still buy a house for under $550,000 that's detached in an established neighbourhood. And it's close to Humber College, [highways] 427, 401, 400, and shopping."
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.