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46 ASHBOURNE DR., TORONTO

ASKING PRICE $769,000

SELLING PRICE $820,000

PREVIOUS SELLING PRICE $428,000 (2007)

TAXES $3,756 (2014)

DAYS ON THE MARKET Seven

LISTING AGENTS Irene Kaushansky and Philip Brown, Keller Williams Neighbourhood Realty

The Action: Homeowners tend to stay long-term in Burnhamthorpe Gardens, driving up interest in homes such as this brick bungalow near Wedgewood school and park. Within a week, the house amassed visits from more than 80 groups between private showings and public open houses. This was concluded with four offers.

What They Got: This 1,184-square-foot residence, set on a 40-by-156-foot lot, has undergone extensive changes since 2008, with new roofing, heating and cooling systems and two remodelled bathrooms and a kitchen with granite counters, ceramic backsplashes and cork floors.

Two guest rooms and a recreation area with a gas fireplace were professionally finished in the 1,127-square-foot basement, which has a separate side entrance to the private driveway and garage.

The main floor of the 60-year-old residence has an open principal room with a bow window, crown mouldings and hardwood floors, along with three bedrooms, including one with a walkout to a deck, hot tub and fenced yard.

The Agent's Take: "What we're finding now is there is a demand for bungalows that are nicely renovated because a lot of the bungalows and 1.5-storeys in the area are quite old and being sold either as fixer uppers or for land value," agent Irene Kaushansky says.

"To find something that was in this good condition is quite rare for the area."

The qualities of the home and community also spoke to a wide demographic. "This appeals mostly to young families and some downsizers," Ms. Kaushanksy notes. "It's a good family neighbourhood with great schools and walking distance to the subway."

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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