361 ARMADALE AVE., TORONTO
ASKING PRICE $829,000
SELLING PRICE $905,000
TAXES $5,314 (2012)
DAYS ON THE MARKET Eight
LISTING AGENT Myron Dylynsky, Royal LePage Real Estate Services Ltd.
The Action: This spring a few properties were listed on a residential side street north of Bloor West Village, including this detached residence on a 30-by-109-foot lot. Even with competition, there were about 50 private showings and a crowded open house proceeding the offer presentation date. The best out of a handful of bids was drafted by a neighbour down the street.
What They Got: For roughly 50 years, the same owner occupied this traditional 1930s home, which still has its original finishes and formal layout, but bears a new boiler and roof installed in recent years.
The 2,060-square-foot space encompasses an enclosed porch, a fireside living room, separate dining area and enclosed family room, as well as a kitchen with a garden door.
The second floor could double as a separate unit, as it has three bedrooms, a second full bathroom and kitchen with a wide deck.
An 800-square-foot basement, detached garage and private driveway allows for storage of large items.
The Agent’s Take: “That area of Bloor West is very hot,” agent Myron Dylynsky said. “It has a private drive, which is unusual on Armadale Avenue.”
Investors and renovators explored the home, but nearly 80 per cent of the visitors were families. “It’s a solid house in good shape that was prime to be renovated,” Mr. Dylynsky noted.
“It has hardwood floors, a lot of wood trims, oak staircases and stained glass windows, which are all very appealing.”
Editor's Note: The original print and online versions of this story had the asking and selling prices reversed. This online version has been corrected.
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