42 ALLEN AVE., TORONTO
ASKING PRICE $739,000
SELLING PRICE $815,000
PREVIOUS SELLING PRICE $353,000 (2012); $105,000 (1986)
TAXES $3,072 (2013)
DAYS ON THE MARKET Six
LISTING AGENTS Irene Kaushansky and Philip Brown, Keller Williams Neighbourhood Realty
The Action: For what this attached townhouse lacked in size compared to the average three-bedroom property in south Riverdale, it made up in style, attracting 45 groups to the open houses and 20 arranged private showings in late October. On the preset day bids could be presented, the best of three offers was $76,000 more than the list price.
What They Got: In the past year, this over century-old home was stripped and professionally modernized with casual entertaining areas and sleek custom finishes, evident from the glass-paneled porch framing its brick exterior to the open living and dining area alongside a sky-lit, glass-enclosed, floating staircase.
The kitchen displays custom cabinetry, Caesarstone counters, breakfast bar and stainless appliances, including a gas stove, as well as a walkout to a deck with planters and a gate to laneway parking behind the 14-by-75-foot lot.
To brighten areas of this 1,060-square-foot space, there is a skylight in the marble bathroom upstairs, a balcony off one of two bedrooms and pot lights in the lower level recreation room, and the bathroom has heated floors.
The Agent's Take: "This was quite unique because it was a small house, but it was so well done," says agent Irene Kaushanksy. "There were 10-foot ceilings on the main floor and close to nine on the second floor, plus it was so well renovated, so open, light and bright, that it didn't feel small."
The custom craftsmanship and design displayed throughout was also unlike most homes. "It was very simple and elegant, which appeal to just about everybody," adds Ms. Kaushanksy.
"Even people who were not interested in the size of the house overall – or the fact it didn't have a bathtub – they appreciated the amount of work and level of attention to detail."
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.