Skip to main content

Toronto Real Estate Buyer outbids rivals with $377,000 premium for Swansea house

Re/Max Professionals Sidorova Inwood Realty

92 Mayfield Ave., Toronto

Asking price: $1,699,000

Selling price: $2,076,000

Story continues below advertisement

Previous selling price: $462,000 (1996)

Taxes: $8,513 (2018)

Days on the market: One

Listing agents: Tanya Sidorova and Michael Inwood, Re/Max Professionals Sidorova Inwood Realty

The action

The owner of this two-storey house stipulated that serious buyers should register their offers on a specific date early May. However, five visitors sped up the process by submitting competing bids on its first day on the market.

“There were other listings in the area at the time, but they didn’t sell quite as quickly as 92 Mayfield,” agent Michael Inwood said.

We expected the home to sell quickly because of the location and finishes, but we weren’t expecting the price to go quite as high as it did. Having said that, it’s one of the nicest homes on the street.”

Story continues below advertisement

What they got

Over the past decade, this four-bedroom dwelling on a 37-foot-by-110-foot parcel has undergone major renovations, so it currently offers more than 3,200 square feet of living space, including lower-level recreation and guest rooms and a newly updated laundry facility.

Decorative woodwork and newer hardwood floors appear in the kitchen, dining room and two entertaining areas. One of those social spaces also features a fireplace and the other has double doors to a deck, cabana and updated in-ground pool.

Upstairs, the master bedroom was lavishly appointed with cathedral ceilings, a walk-in closet and a five-piece ensuite, which is the largest of four bathrooms.

The agent’s take

“This home is a little bigger than most homes in the immediate area in terms of square footage and number of bedrooms. And it has a unique layout and higher-end finishes,” Mr. Inwood said.

“[Furthermore], we had some great feedback regarding the backyard’s great landscaping and pool.”

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

For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
1299000.00
64 GLENADEN AVE E, Toronto, Ontario
RIGHT AT HOME REALTY INC.
Bedrooms
3
Bathrooms
2
Building Type
Freehold
Property Type
Single Family
Spacious Bungalow On A Large Lot In The Desirable Sunnylea. Exceptional Location & Fabulous Investment Opportunity! Meticulously Maintained Home W/Large Main Dining/Living Area W/Fireplace, 3 Spacious Bdrms, W/O To Deck & Manicured Gardens, & Separate Side Entrance To Fully Finished Lower Level. Build Or Renovate In This Sought After Community. Located Only A Short Walk To Kingsway Cafes, Shops & Highly Rated Schools, With The City At Your Doorstep.**** EXTRAS **** Existing Fridge, Stove, Dishwasher, Washer, All Elf's ,Window Blinds, All Window Coverings (id:31729)
Listing ID W4477483
Salesperson MILA STETS
Brokerage RIGHT AT HOME REALTY INC.
Open this photo in gallery: Gallery photo 1
1059000.00
#101 -50 OLD MILL RD, Toronto, Ontario
SUTTON GROUP OLD MILL REALTY INC.
Bedrooms
1
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
**The Riverstone - Prestigious Low-Rise Overlooking The Humber River And Parkland!** Large One Bedroom With 2 Baths - Approx. 1200 Sq. Ft.! Very Elegant Suite In Magnificent Setting - A Rare Find! Enjoy Summer Bbqs On Your Private 420 Sq Ft Terrace With Unobstructed Treed Vistas! Listen To The Sound Of The Soothing Waterfalll! 2 Parking Spaces! Locker! Steps To The Old Mill, Subway And Parks! A 10++**** EXTRAS **** Fischer/Paykel Fridge, Stove, Washer, Dryer, Hwt(R)- $15.81/Mo, Carrier Furnace ('14), Elfs (id:31729)
Listing ID W4535411
Salesperson SUSAN STERBINSKY
Brokerage SUTTON GROUP OLD MILL REALTY INC.
Open this photo in gallery: Gallery photo 1
1399000.00
#806 -1 RIPLEY AVE, Toronto, Ontario
RIGHT AT HOME REALTY INC.
Bedrooms
2
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
Exceptional Southampton Residences By Tridel. Rarely Offered 1,000 Sf Private Terrace. Close To Bwv, Kingsway, And Queensway Shopping. Lots Of Nature - The Humber River, Lakefront, High Park, Grenadier Pond. Many Hiking And Biking Trails. 8 Mins To Downtown And Island Airport, 15 Mins To Pearson Airport. The Gorgeous Pool Has Been Used In Movie Shoots. Major Renovations. Immaculate Condition. See Attached Lists Of Renos And Building Amenities.**** EXTRAS **** Top Of Line 5 Miele Appliances, S/S Laundry Tub. Solar Shade Window Covers. Top Grade Elfs, Exclude Dr Chandelier. Open Master/Den Bedroom Can Be Easily Restored To Two Bedrooms. Two Visitor Suites. (id:31729)
Listing ID W4524477
Salesperson BOB CWIRENKO
Brokerage RIGHT AT HOME REALTY INC.
Open this photo in gallery: Gallery photo 1
699000.00
28 WINDERMERE AVE, Toronto, Ontario
RE/MAX HALLMARK REALTY LTD.
Bedrooms
3
Bathrooms
1
Building Type
Freehold
Property Type
Single Family
24 Hrs Notice For All Showings, Amazing 3 Bedroom Semi In High Park Area, Minutes To Hwy, Lake Ontario, High Schools And Shopping Zones. This Lot Is At Prime Location, Attractive For Investors, Buyers With Many Potentials. Bright And Well Maintained Unit, Fabulous Location!!! 20 Min To Downtown And Airport. Street Permit Parking Available From The City!! Home Inspection In Attachments!**** EXTRAS **** Hot Water Tank Rental, New Flat Roof, New Sewer Line, Tuck Pointing On Front And Back. (id:31729)
Listing ID W4510389
Salesperson ALLISTER JOHN SINCLAIR
Brokerage RE/MAX HALLMARK REALTY LTD.
Open this photo in gallery: Gallery photo 1
1099000.00
55 STEPHEN DR, Toronto, Ontario
RE/MAX REALTY SPECIALISTS INC.
Bedrooms
4
Bathrooms
1
Building Type
Freehold
Property Type
Single Family
Pristine Toronto Location Just Off The Q.E.W. & Park Lawn. Huge Potential For Redevelopment For Duplex Or Triplex W/ Application. Deep 128 Foot Lot W/Mature Garden & Parking For 4+ Cars. Solid Brick 2 Story W/ Full Bsmt. Schools Close: Bishop Allen, Esa & Karen Kane. Easy Access To Shopping, Toronto Transit (T.T.C.) & Street Cars, Mimico Go Train, High Park, Bike Trails Along Lakeshore Blvd. Highway Access Around Corner, 20 Mins To Airport.**** EXTRAS **** This Property Has Loads Of Possibilities For A Prudent Investor. W/Good Design, Possibility Of Triplex! Existing Large Principal Rooms On Main Floor W/High Celings, 4 Bdrms Upstairs. Eat In Kit W/Walk-Out To Backyard. Quaint Front Yard. (id:31729)
Listing ID W4522072
Salesperson MARIA BRITTO
Brokerage RE/MAX REALTY SPECIALISTS INC.
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.

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:

  • 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.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter