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Real Estate Leslieville starter home drew in 100 potential buyers

8 WALPOLE AVE., TORONTO

ASKING PRICE $499,000

SELLING PRICE $540,000

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PREVIOUS SELLING PRICE $256,500 (2005)

TAXES $2,388 (2013)

DAYS ON THE MARKET Six

LISTING AGENT Cameron Weir and Scott Hanton, Keller Williams Advantage Realty

The Action: Just a five-minute drive south of Greenwood station, this more-than-a-century-old townhouse was visited by no less than 100 potential buyers. With no inventory nearby with which compare this one to, a handful of house hunters weighed in with their best price on the offer date.

What They Got: Sandwiched between a treed street and back patio is this 1,210-square-foot, brick residence with all the basics, including one bathroom, a kitchen with a walkout and built-in appliances, including a gas stove and laundry facilities, and three upper bedrooms, including one with a balcony and another with vaulted ceilings and his and her closets.

Entertaining can take place in the living room or dining area, both with crown mouldings and hardwood floors, plus a fireside recreation room in the 187-square-foot basement, which has a front entry to the 14-by-90-foot lot.

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The Agent's Take: "It's a great starter home," says agent Cameron Weir, whose team staged it to enhance its assets.

"The kitchen was nicely done and it had a cute backyard, and we put a lot of effort into the landscaping at the front – painting the porch and door with a nice orange that went with the fall colours – so the curb appeal is quite nice."

This home's modest stature also resonated with buyers with limited budgets. "It's a small, cute house in Leslieville," Mr. Weir notes. "In that area, [prices] can fly right on up to $800,000 to $900,000 for a detached home."

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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