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done deal
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Michael Peart Photography

161 Bellwoods Ave., Toronto

Asking price: $1,625,000 (March, 2023)

Selling price: $1,715,000 (March, 2023)

Previous selling price: $345,000 (August, 2002)

Taxes: $6,705 (2023)

Days on the market: Two

Listing agent: Paul Johnston, Right at Home Realty

The action

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The home has hardwood flooring and a wood-burning Stuv fireplace.Michael Peart Photography

Agent Paul Johnston figured $1.625-million was a conservative asking price for this semi-detached house just a block from popular Trinity Bellwoods Park. He and the sellers were pleasantly surprised to attract four offers and a winning bid $90,000 over asking.

“While we hadn’t priced it for multiple offers, it was a property that resonated with a lot of people, attracting multiple offers, which certainly wouldn’t have been the case four months ago,” Mr. Johnston said.

“One of the benefits of this home was it was only a block away from Trinity Bellwoods Park, which is terrific in terms of convenience, as well as proximity to both Dundas Street and Queen Street.”

What they got

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Michael Peart Photography

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The kitchen has an island and stainless steel appliances.Michael Peart Photography

This three-bedroom house is in top form, recently improved with a new porch, roofing, and wiring, as well as two contemporary bathrooms and a sleek kitchen with an island and stainless steel appliances.

Other updates include new hardwood flooring and a wood burning, Stuv fireplace between the living and dining areas. A rear den has tile flooring and a glass patio door.

The agent’s take

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The home is on an 18- by 127-foot lot.Michael Peart Photography

“[The sellers] had already opened up a good portion of the main floor, updated the bathrooms and replaced the windows,” Mr. Johnston said.

“They tended to a lot of the basic needs of updating the home but left room for people to enhance it.”

For instance, buyers could see the potential in the unfinished basement and a double garage at the back of the 18- by 127-foot lot. “Little Italy and Trinity Bellwoods are neighbourhoods where a lot of people are exploring laneway properties and starting to build them, so that added an element of excitement too,” said Mr. Johnston.

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