Skip to main content

42 Burnaby Blvd., Toronto

Asking price: $1,198,000

Selling price: $1,320,000

Story continues below advertisement

Previous selling price: $510,000 (2004); $300,000 (1994)

Taxes: $5,872 (2018)

Days on the market: Eight

Listing agents: Belinda Lelli and Paul Macmillan, Royal LePage Real Estate Services Ltd.

The action

Various owners made modifications, including the removal of a wall in a third bedroom to enlarge the larger master.

It took about the same amount of time to sell this original two-storey home near Eglinton Park as it took to prepare, paint and stage it. Out of more than 200 visitors within a week, seven circled back with a bid in September.

“People flocked to this because of the price point,” agent Belinda Lelli said. “On that street, it’s upwards of $3-million for totally renovated or brand-new homes.”

What they got

The traditional living room features a fireplace.

In the 1930s, this brick structure on a 25-by-119-foot lot was given a traditional living room with a fireplace and a formal dining room, as well as a separate kitchen with breakfast area with a skylight and a walkout to a private deck, backyard and garage.

Story continues below advertisement

A mutual driveway can be reached from a side exit that leads to a lower level recreation area.

Various owners made modifications, from recent renovations inside the two bathrooms to the removal of a wall in a third bedroom to enlarge the larger master on the second floor.

The agent’s take

The home is in a top-rated school catchment area with a high walk score.

“The buyer profile was young couples and young families wanting to move into this top Fraser Institute-rated school catchment with a high Walk Score boasting TTC and forthcoming subway station, making it an ideal family home in midtown,” Ms. Lelli said.

“It gave people an opportunity to get something for this amount [of money as well] and over time, fix it the way they want and put their fingerprint on it.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Report an error Editorial code of conduct
Comments

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • All comments will be reviewed by one or more moderators before being posted to the site. This should only take a few moments.
  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed. Commenters who repeatedly violate community guidelines may be suspended, causing them to temporarily lose their ability to engage with comments.

Read our community guidelines here

Discussion loading ...

Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.
Cannabis pro newsletter