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Re/Max Hallmark Realty Ltd.

148 Hopedale Ave., Toronto

Asking price: $998,000

Previous asking price: $1,198,000 (October, 2019)

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Selling price: $1,410,148

Previous selling prices: $580,000 (2011); $238,000 (1990)

Taxes: $5,900 (2019)

Days on the market: Seven

Listing agent: Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.

The action

The 95-year-old house has been modernized with bamboo floors.

Re/Max Hallmark Realty Ltd.

When this 2½-storey house first entered the market last year listed at $1,198,000, about three dozen buyers visited, but none returned on the offer date. When news circulated that a similar home nearby fetched about 20 bids in the new year, this one was relisted with an asking price less than $1-million. It received 14 offers and sold for $412,148 over asking in mid-February.

“What happened this time around is what I expected to happen when we first brought it out,” agent, Linda Ing-Gilbert said.

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“Supply is a lot lower in January, February and March, but it was more so this year because you have new buyers coming into the marketplace who want to get a house, and then you have people leftover from 2018 who waited because policy changes [like stress tests and investor taxes] went into effect … and wanted to see what happened.”

What they got

This 95-year-old house has been modernized, with bamboo floors in the open-concept living and dining areas and an adjacent kitchen with quartz counters and glass subway tile back splashes.

The third floor has a bedroom with an office area, a walk-in closet and gas fireplace.

Re/Max Hallmark Realty Ltd.

Re/Max Hallmark Realty Ltd.

The entire third floor has been transformed into a fourth bedroom with an office area, a walk-in closet, gas fireplace and third bathroom.

The basement is not finished, but it has access to a mudroom that exits to a private stone patio, garage and driveway on the 33-foot-by-101-foot lot.

The agent’s take

The modern kitchen has quartz counters and glass subway tile.

Re/Max Hallmark Realty Ltd.

“It’s a bigger home, it’s detached, and it has parking, which is really good value in the city,” Ms. Ing-Gilbert said.

“It backed onto a green space that goes down into the Don Valley, so you can hear a dull hum [of traffic], but in terms of privacy, it has a very natural setting in the backyard.”

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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
899900.00
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CENTURY 21 SOUTH BREEZE REALTY INC.
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*Fantastic Opportunity To Live In The Trendy Danforth Area*Located Just Steps From Pape Subway Station*This 2 Storey Semi Feat.*Open Concept Layout*New Hardwood Floors*Vaulted Ceiling & Skylight*Modern Tempered Glass Railings*Pot Lights*S/S Appliances*New Quartz Counters & Kitchen Cabinetry*2 Laundries*Interlock Walkway*Pressure Treated Custom Deck W/ Built-In Seating & Planters*Garden Shed*In-Law Suite W/Separate Entrance For Additional Income Opportunities***** EXTRAS **** Steps To Shops, Cafes, Restaurants, Greektown & More*Walk Score 93*All Electrical Light Fixtures, 2 Fridges, 2 Stoves, S/S Dishwasher, 2 B/I Micro/Range, 2 Washers, 2 Dryers, Gb+E (2016), Cac (2016), Garden Shed, Hwt(R)*See 3D Virtual Tour* (id:31729)
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Open this photo in gallery: Gallery photo 1
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Open this photo in gallery: Gallery photo 1
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Detached Ravine Property With Original Charm Paired With Modern Updates. Original Stained-Glass, Wood Trim, Doors And Hardwood. Updated Modern Kitchen With S/S Appliances, Quartz Counters, Breakfast Bar & Walkout To Deck. Laundry Room And Two Full Bathrooms On The 2nd Floor & Walk-In Closet. Separate Entrance To Basement For Potential Apartment. Upgraded Electrical And Plumbing, New Hot Water Tank, Newer Roof And Many Other Updates. Just Move In And Enjoy.**** EXTRAS **** Inclusions: 2 Fridges, 2 Stoves (1 Gas, 1 Electric), 2 Range Hoods, 1 Dishwasher, 2 Washing Machines, 1 Dryer, Wine Fridge, All Electric Light Fixtures, All Window Coverings. (id:31729)
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Open this photo in gallery: Gallery photo 1
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Igniting A Torrent Of Emotions This Open Concept Layout With Soaring Ceilings, Crown Moulding, Upgraded Bathrooms And Kitchen, Is Sure To Impress. 3 Bedrooms With An Additional Bedroom In The Bsmt With A 3-Piece Bath And Wet Bar. Double Doors Open Up To Deck With Bbq And A Sprawling Yard. Minutes To Ttc, Danforth, Shops, Restaurants, Transit And Hiking Trails Minutes Away.**** EXTRAS **** Stainless Steel Fridge, Stove, B/I Dishwasher, Range Hood. Samsung Front End Load Washer & Dryer. C/Air 2016, High Eff. Furnace, 200Amp Service, Window Coverings, Elfs, Hwt(R), Garden Shed, Security System. (id:31729)
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