322 ST CLEMENTS AVE., TORONTO
ASKING PRICE $759,000
SELLING PRICE $901,000
PREVIOUS SELLING PRICE $440,000 (2003)
TAXES $4,593 (2010)
DAYS ON THE MARKET Six
LISTING AGENT Ellie Burns, Royal LePage Real Estate Services Ltd.
The Action: In anticipation of a high level of interest in this three-bedroom, two-bathroom residence, there were two open houses – including one just for agents – and a set date any bids would be assessed. So many buyers responded favourably that multiple offers were presented.
What They Got: Many homes in the area were built in the late 1920s and early 1930s, including this two-storey house, which has traditional elements, like a brick fireplace in the living room and plate rails in the dining room, as well as modern conveniences, such as an open concept foyer, new kitchen appliances and a remodelled recreation room and bathroom in the basement.
Outside, there is a patio off the kitchen, open green space and a shed in the fenced backyard, as well as a mutual driveway and legal front parking pad.
The Agent's Take: "It is in the Allenby school district, which is one of the best public schools in the city of Toronto that offers daycare exchanges, after school programs and swimming pool," says agent Ellie Burns.
"The property was close to the subway, parks and the usual. The location can't be beat."
Location aside, the house looked stunning. "The house was renovated, so that makes a difference," says Ms. Burns. "The backyard was amazing, really deep with beautiful landscaping."
Editor's note: An earlier online version of this story incorrectly stated the premium paid for the home. This online version has been corrected.