40 Waterbridge Way, Toronto
ASKING PRICE $550,000
SELLING PRICE $585,500
PREVIOUS SELLING PRICE $190,120 (1996)
TAXES $2,714 (2014)
DAYS ON THE MARKET Six
LISTING AGENT Heather Lemieux, Royal LePage Connect Realty
The Action: Despite several Centennial homes for sale at the end of May, this detached residence in Port Union Village banked two competing offers.
What They Got: Up the street from Lake Ontario on a 30-by-110-foot lot backing onto a ravine, this 19-year-old house was recently improved, starting outside with a new aluminum roof and siding and a Duradek deck off a bedroom above the garage.
Inside, the eat-in kitchen and two bathrooms were remodelled and bamboo floors laid throughout a living room with a gas fireplace and an adjacent dining area with cathedral ceilings.
Large storage areas range from his-and-her closets in the largest of three carpeted bedrooms on the second floor to a full basement.
The Agent's Take: "The location of it was superb, you could see the lake and it was backing onto a ravine," agent Heather Lemieux says. "[Plus] the lot beside it was left vacant by the builder, so there would be access to the ravine. So there was no one beside you [to one side], which made it even more private."
The house itself has luxuries on a compact scale that downsizers appreciated. "Some of the semis in the area are bigger than this, so it's for somebody who wanted a detached home, but didn't want a large home, and wanted the privacy, but not a lot of land to take care of," Ms. Lemieux says.
"Everything [the seller] did was environmentally friendly as well … and the basement was unspoilt, but there was lots of potential with big above-grade windows, so it would be easy to finish that off if you needed extra space."
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.