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Keller Williams Advantage Realty

263 Hounslow Ave., Toronto

Asking price: $1,350,000

Selling price: $1.3-million

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Previous selling price: $257,000 (1992)

Taxes: $6,017 (2019)

Days on the market: Seven

Listing agent: Carol Foderick, Keller Williams Advantage Realty

The action

The house was nicely renovated and quite livable.

Keller Williams Advantage Realty

According to agent Carol Foderick, it was the 45-foot-by-132-foot lot beneath this three-bedroom bungalow that was the main attraction for most of the 30-odd potential buyers who visited in September with an eye toward rebuilding.

“At any given time, there are other bungalows on similar size lots or larger lots [up for sale],” Ms. Foderick said.

“We took the strategy of pricing it close to where market value might be and left us some room to negotiate, which is exactly what happened.”

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What they got

A screened-in porch has an exit to the south-facing backyard.

Keller Williams Advantage Realty

This nearly 1,200-square-foot bungalow with a brick façade and an attached garage has a more contemporary look and layout inside. The living and dining areas are open concept and the adjacent kitchen features hardwood floors, stainless steel appliances and a skylight.

At the end of the main hall, one bedroom connects to a family room and a screened-in porch with an exit to the south-facing backyard.

The kitchen features hardwood floors, stainless steel appliances and a skylight.

Keller Williams Advantage Realty

The basement has its own side entrance and bathroom, as well as a sitting area with a wet bar and a recreation room with a wood burning stove.

The Agent’s take

Keller Williams Advantage Realty

“The house was nicely renovated on the main floor and quite livable,” Ms. Foderick said.

“The family room and screened-in porch were done after the fact, which makes it a little more appealing than a standard bungalow because the footprint already exists to potentially increase the square footage of a rebuild.”

The property’s family and pedestrian-friendly locale also promises long-term appeal. “It’s in close proximity to the subway station and all the shopping amenities on Yonge Street,” Ms. Foderick said.

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