5 Redwood Ave., Toronto
ASKING PRICE $799,900
SELLING PRICE $942,000
PREVIOUS SELLING PRICE $555,000 (2011)
TAXES $3,666 (2014)
DAYS ON THE MARKET Five
LISTING AGENT Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.
The Action: No offers were made on this detached Leslieville residence when it was first listed this spring. So its second attempt – listed at the same price, but with a different agent this summer – yielded better results, with three offers after more than 130 buyers attending either private showings or two public open houses.
What They Got: A 25-by-115-foot lot supports two structures, including this more than century-old house with a two-storey plan and a double garage exiting to a laneway.
There is an open living room and dining area with an electric fireplace and hardwood floors that lead to an eat-in kitchen with ceramic floors, newly updated appliances and access to a deck and perennial gardens.
The second floor has one of the three bathrooms and three bedrooms with laminate floors, including a master with cathedral ceilings.
The basement encompasses a den, family room and second kitchen with a rear walkout.
The Agent's Take: "Big detached homes are rare, especially one of this size," agent Linda Ing-Gilbert says. "[Plus] most homes don't have a garage, and this had an auto-remote door opener to a big, dual garage with storage space. It was amazing."
This property's location next to a lane serving Gerrard Street businesses also increased the sense of space and sunlight. "You virtually only have one neighbour and are able to walk to all these amenities," Ms. Ing-Gilbert says.
"The master bedroom has great cathedral ceilings 17-feet high, and there were five skylights, which offered a lot of natural light to the house."
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.