20 BURLEIGH HEIGHTS DR., TORONTO
ASKING PRICE $1,449,900
SELLING PRICE $1,658,000
TAXES $5,694 (2015)
DAYS ON THE MARKET One
LISTING AGENTS Sue Mills and Sarah O’Neill, Royal LePage Signature Realty
The Action: The old-school bungalows, side-splits and backsplits of Bayview Village are rapidly disappearing to make way for multimillion dollar estate homes. This 58-year-old detached is a case in point. Surprised by a builder’s unsolicited offer, the owners decided to test the open market in December. The home attracted six competing bids within 24 hours and sold $208,100 over asking.
What They Got: The detached, brick residence spreads 2,280-square-feet of living space across four floors, including a fireside recreation room in the basement and three bedrooms and one of two bathrooms on the top floor above the garage.
There is a fireside living area, dining space and separate eat-in kitchen with fairly new appliances and a walkout to a deck and fenced 50-to-120-foot lot, which can also be reached via the family room on the lower level, along with a fourth bedroom.
The Agent’s Take: “Bayview Village has become exceptionally popular because it’s got great access to Bayview Village Shopping Centre and easy access to the 401 and 407 highways from Bayview Avenue and Sheppard subway station,” agent Sue Mills says.
“It’s a neighbourhood of winding streets and large lots that is really popular for redevelopment right now.”
A small minority of buyers, including this one, don’t come with demolition plans. “It has been a wonderful family home,” Ms. Mills adds.
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