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Done Deal, 21 Warrender Ave., Toronto




TAXES $5,313 (2012)


LISTING AND CO-OP AGENT JoAnne Gludish, Royal LePage Real Estate Services Ltd.

The Action: This detached residence in Princess Gardens displays dated decor, but the sight of an apartment building nearby is what really bothered buyers. Thus, the price was reduced to under $800,000 and several low-ball offers were rejected as the seller was set on signing a deal for the full list price.

What They Got: What appears to be a brick bungalow on a 55-by-125-foot lot is a roughly 50-year-old backsplit residence with four levels of living space and an attached double garage.

At the front section of the house, there is a living and dining area and an eat-in kitchen on the main floor that sits above a recreation room with panelled walls and carpeting unlike the hardwood on the floors above.

Across the rear, there are three upper-level bedrooms, including a master suite with a walk-in closet and one of three bathrooms, as well as a lower-level guest suite and family room with a gas fireplace and patio doors.

The Agent's Take: "It was very large and had a nice backyard," agent JoAnne Gludish said. "[The buyers] were looking for something not quite as large, but they really feel in love with this because it had a lot of possibilities for them."

While most buyers were keen to renovate, they wouldn't change the area. "There is a plaza close by that offers all the amenities – there's a large Metro there – and everything you need," Ms. Gludish added.

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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