Done Deal, 361 Armadale Ave., Toronto
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.
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.