52 GRANDVIEW AVE., TORONTO
ASKING PRICE $899,000
SELLING PRICE $1,152,000
TAXES $5,567 (2014)
DAYS ON THE MARKET Eight
LISTING AGENT Michael O'Brien, Bosley Real Estate Ltd.
The Action: Turnover is low in prime Riverdale, especially in the off season, so this more than century-old residence was one of the very few options for active house hunters late last winter. About 40 groups booked private tours and another 200 people swept through two open houses, resulting in a bidding war between five interested parties.
What They Got: The home sits on a short street running east from Riverdale Park on a 25-by-116-foot lot. The two-storey brick residence has a separate rear entrance to an unfinished basement with a second bathroom and kitchen facilities. A detached garage is accessible off a rear laneway.
The interior of the house was gutted in the 1980s, removing much of its heritage character. What remains is organized around separate living and dining rooms and an eat-in kitchen with a patio exit. There is a second-floor den and three bedrooms with hardwood floors.
The Agent's Take: "It's such a fantastic location in Riverdale, just four doors from the park," says agent Michael O'Brien. "It's on one of the prized streets in Riverdale: it's close to the park and on the north end close to the Danforth."
Since this home's original features are gone, it is ripe for more personalization. "It is structurally very sound, it had been beautifully maintained by the owners," Mr. O'Brien says. "It was detached, which is rare, and has a large lot."
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.