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200 TENTH ST., NO. 4, TORONTO

ASKING PRICE $437,000

SELLING PRICE $432,000

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PREVIOUS SELLING PRICE $238,658 (2003)

TAXES $2,350 (2013)

DAYS ON THE MARKET Seven

LISTING AGENT Terri Perras, Coldwell Banker Terrequity Realty (Now with Royal LePage Terrequity Realty)

The Action: On the Etobicoke waterfront there were only a few properties available late last year, one of which was this three-bedroom townhouse. So more than a dozen buyers booked appointments and a couple requested second showings until one visitor filed an offer.

What They Got: In a roughly decade-old condominium complex on Lake Shore Boulevard, this three-storey unit has a traditional plan with street-level entry off a park to the north and an attached double garage exiting to a lane to the south.

At grade, there is a carpeted family room with stairs up to a living and dining area with parquet floors and an open kitchen with ceramic floors, an island and deck.

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The largest of two bathrooms serves the third-floor bedrooms.

For exterior maintenance, there are monthly fees of $215.

The Agent's Take: "New Toronto was overshadowed a bit by Mimico and Long Branch, but is much more affordable and is still within striking distance of those communities," states agent Terri Perras. "It's great value for a fantastic location: the streetcar takes you right downtown along Lake Shore … or you have the option of taking a bus to the Bloor subway line."

In addition, this townhouse suited first-time buyers and small families. "These townhomes are extremely good value … [as] there's so little to choose from in that price range, especially when it's good-quality product," says Ms. Perras, who also praises its low monthly fees.

"This particular one fronts onto Lakeshore Village Park, so it's nice because you don't have any neighbours in front of you."

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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