Skip to main content

Toronto Real Estate East York bungalow draws 21 bids, sells $212,000 over asking

Keller Williams Referred Urban Realty

334 Lumsden Ave., Toronto

Asking price: $599,000

Selling price: $811,000

Story continues below advertisement

Previous selling price: $155,000 (1996)

Taxes: $3,401 (2018)

Days on the market: 14

Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty

'It’s hard to find a detached [home] under $1-million, so there were a lot of first-time home buyers, and because it had potential to rent out the basement, that made the home even more affordable,' agent Andrew Ipekian said.

Keller Williams Referred Urban Realty

The action

This roughly 40-year-old bungalow on a 30-by-100-foot lot close to Stan Wadlow and Taylor Creek parks got a fresh coat of paint and some staging to show off its combination of modern updates and classic lines. Those moves helped win over a swarm of house hunters, 21 of whom braved a cold snap to submit bids in late January.

“I priced it low, but it was a zoo with one [offer] after another,” agent Andrew Ipekian said.

“You don’t generally expect that … in the winter. That’s more like the spring market in 2017 when it was crazy.”

Story continues below advertisement

What they got

Save for new roofing and hot water heating system added in 2017, this two-bedroom house was kept in fairly original form with traditional living and dining rooms and hardwood floors throughout.

Below is a one-bedroom basement suite with cooking and entertaining quarters and two entrances, including one exiting to the private driveway and double garage.

The agent’s take

“It’s hard to find a detached [home] under $1-million, so there were a lot of first-time home buyers, and because it had potential to rent out the basement, that made the home even more affordable,” Mr. Ipekian said.

“And it’s in close proximity to the Danforth, which people seemed to like.”

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
1289000.00
294 WESTLAKE AVE, Toronto, Ontario
SUTTON GROUP OLD MILL REALTY INC.
Bedrooms
4
Bathrooms
4
Building Type
Freehold
Property Type
Single Family
Enjoy Living & Entertaining In This 4 Bed/4 Bath Contemporary Home W/ Quality Features & Finishes Throughout. The Main Floor Is Expansive & Boasts A Gourmet Kitchen W/ 5 Burner Gas Stove, 9-Foot Marble Island, Gas Fireplace, S/S Appl & W/O To Back Deck. Unwind In The Master Retreat W/ B/I Unit, Fireplace, W/I Closet, Ensuite, & Juliette Balcony. 2 Parking, 2 Skylights, 2 Decks, Finished Bsmt & Yard. Walk To Stan Wadlow/Taylor Creek Park, Transit & More**** EXTRAS **** Existing Elf's & Window Coverings. Appl Incl: Fridge, Gas Stove, B/I Dw, Microwave Hood Fan, Washer & Dryer, Gas Furnace (2019), Central Air Unit, Hwt (Rental). Garden Shed, Ecobee Thermostat. 2 Fireplaces, B/I In Master Br, 2 Tv Mounts. (id:31729)
Listing ID E4486619
Salesperson RAMIRO BRAGA
Brokerage SUTTON GROUP OLD MILL REALTY INC.
Open this photo in gallery: Gallery photo 1
1999000.00
263 OAK PARK AVE, Toronto, Ontario
RE/MAX ROUGE RIVER REALTY LTD.
Bedrooms
6
Bathrooms
3
Building Type
Freehold
Property Type
Single Family
Magnificent Triplex. Must See. Surrounded By Everet Park. Six Bedrooms. Endless Possibilities. One Of A Kind Property Totally Upgraded. Currently Three Large Self-Contained 2 Bdrm Units Individually Metered. Premium Lot Boasting A Four Car Garage. Parking Plus Parking For Six Cars Outside. Giant Deck O/L Park Makes For Great Entertaining. Other Parks, Public Pool, And Sports Rink Nearby. Steps To School & Ttc! Click On Attachments For Income/Expense.**** EXTRAS **** 3 Fridges, 3 Stoves, 2 Washers, 2 Dryers, Tankless Water Heater (Owned), Dishwasher, 2 Garage Door Openers, Gas Burner And Equipment, Roof & Eave Trough (2 Years), Air Condition And Equipment, 3 Wall Unit Air Conditioners. (id:31729)
Listing ID E4429863
Salesperson KEMAL M.S. HAMID
Brokerage RE/MAX ROUGE RIVER REALTY LTD.
Open this photo in gallery: Gallery photo 1
1150000.00
444 MAIN ST, Toronto, Ontario
RE/MAX PREMIER INC.
Bedrooms
4
Bathrooms
3
Building Type
Freehold
Property Type
Single Family
East York Detached Home Is Located 5 Mins Walk To The Subway. Home Is 15 Mins From Downtown Toronto. Features Of Home Includes; Hardwood Flooring, High Ceilings, Skylights, Eat-In Kitchen, Pot Lights, Crown Molding Etc...**** EXTRAS **** Fridge, Stove, Washer, Dryer, Kitchen Island, Built-In Dishwasher, 2 Skylights Etc... Central Vac. Rough-In (id:31729)
Listing ID E4400072
Salesperson ANTHONY OSEI KWABENA
Brokerage RE/MAX PREMIER INC.
Open this photo in gallery: Gallery photo 1
599000.00
237 LUMSDEN AVE, Toronto, Ontario
KELLER WILLIAMS REALTY CENTRES
Bedrooms
2
Bathrooms
1
Building Type
Freehold
Property Type
Single Family
Calling All First/Second Time Buyers & Renovators! Wonderful Detached Condo Alternative In The Heart Of East York.This Beautiful & Charming 2 Storey Home Features A Great Functional Layout, 2 Beds,1 Bath & Fantastic Sun Filled Yard Perfect For Gardening & Entertaining.Walk To Stan Wadlow Park Or Hike Through The Trails Of Taylor Creek. Close To Woodbine & Danforth, Schools, Shopping & So Much More. This Home Has So Much Potential, Close To Dvp & Steps To Ttc.**** EXTRAS **** Included: Stove, Washer, Dryer, All Light Fixtures & Window Coverings Excluded: Fridge. Legal Cont:*Of York As In Tb243617; S/T Tb243617, Except The Easement Therein; Toronto (E York) , City Toronto. (id:31729)
Listing ID E4517423
Salesperson JENNIFER JONES
Brokerage KELLER WILLIAMS REALTY CENTRES
Open this photo in gallery: Gallery photo 1
1050000.00
11 VENTNOR AVE, Toronto, Ontario
RIGHT AT HOME REALTY INC.
Bedrooms
5
Bathrooms
3
Building Type
Freehold
Property Type
Single Family
2 Storey Detached Solid Brick Home,5 Bedrooms And 3 Full Bathrooms. Each Room Has Fire Rated Door, 2nd Floor Steel Fire Escape With Private Fenced Yard, Covered Side Patio With Interlock And Fruit Trees! Walking Distance To Community Centre With Pool, Hockey Arena, Easy Access To Walking Trails In Taylor Creek Park, Steps To Bus And Woodbine Subway. (id:31729)
Listing ID E4482680
Salesperson ROSIE BIANCHI
Brokerage RIGHT AT HOME REALTY 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