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GARETH SKIPP

25 Warren Cres., Toronto

Asking price: $1,177,000 (July 2022)

Selling price: $1,277,000 (July 2022)

Previous selling price: $700,000 (August, 2015); $289,000 (June, 2003); $227,000 (September, 2000)

Taxes: $4,442 (2022)

Days on the market: One

Listing agent: Jeanette Grant, Royal LePage Lakes of Muskoka Realty

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The two-storey house was built in 1922 and has had numerous modern updates, including a revamped kitchen with tile flooring.GARETH SKIPP

The action

This two-bedroom house rests on a 25- by 100-foot lot backing onto the Humber River ravine, a spot the first two visitors to the home were dead set on owning. After some quick negotiations, the bidder that added an extra $100,000 to the asking price won over the sellers.

“With the stalled market, we weren’t quite sure what to expect. Lots of places were sitting, getting terminated and re-listed lower,” said agent Jeanette Grant.

“We thought that [$1.177-million] was an attractive enough price point to get some action on it, though one that was listed the next day at a very similar price point just expired after 92 days on the market.”

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The house boasts an open living and dining area with a wood burning fireplace at one end.GARETH SKIPP

What they got

This two-storey house was built in 1922, and has had numerous modern updates, recently including a new furnace and revamped kitchen with tile flooring.

The open living and dining area has a wood burning fireplace at one end. South-west facing decks are situated outside a rear family room and a primary bedroom upstairs.

There is a five-piece bathroom and a partially finished basement.

One car can park on the driveway.

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South-west facing decks are situated outside a rear family room.GARETH SKIPP

The agent’s take

“Both sets of buyers appreciated the value of the beautiful location with direct access to Etienne Brulé Park, a view of the Humber River, and the fantastic redevelopment potential as a result,” Ms. Grant said.

“It’s a hidden gem of a neighbourhood in Toronto’s west end, highly desirable for young families with kids, dog lovers and those seeking a little solace in nature.”

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