Skip to main content
done deal

The Print Market

86 Woburn Ave., Toronto

Asking price: $1,295,000 (September, 2021)

Selling price: $1,750,000 (September, 2021)

Previous selling price: $985,000 (November, 2014); $840,000 (January, 2011); $635,000 (June, 2006); $377,500 (March, 2004)

Taxes: $6,379 (2021)

Days on the market: Six

Listing agents: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.

The action

The 98-year-old house contains 1,302-square feet of living space, plus a 523-square-foot basement.The Print Market

The sellers of this semi-detached house looked to make the most of its double garage and laneway access by outlining for buyers the opportunity to build a secondary suite on the 20- by 120-foot lot. A tree blocking the way was removed and arrangements made with Bell to reposition a telephone pole that might also be an obstruction. Agent Andre Kutyan had a professional assessment done of the site and determined that a two-storey laneway home with a basement could potentially be built there, pending city approvals.

Over 100 buyers toured the house and 14 submitted purchase offers.

“Any time I have a property on a lane now, it’s a big selling feature, whether you do something now or later,” said Mr. Kutyan.

“Out of 14 offers, three were over $1.7-million and only one was under $1.6-million. So the vast majority of people coming forward had a general idea – within a $100,000 range – of where this should fall.”

What they got

The central kitchen has quartz countertops, hardwood flooring and stainless steel appliances.The Print Market

The 98-year-old house contains 1,302-square feet of living space, plus a 523-square-foot basement.

Over two decades, the interiors were updated and reconfigured. Highlights include a living room with a gas fireplace and a dining area with access to a large deck. The central kitchen has quartz countertops, hardwood flooring and stainless steel appliances.

The agent’s take

A large deck can be accessed from the dining area.The Print Market

“Usually these original, semi-detached ones in the area would have three bedrooms and maybe two baths at best,” said Mr. Kutyan.

“This was fully renovated on the main floor with a nice open concept kitchen and a powder room, which is rare, and upstairs the primary bedroom has its own ensuite bathroom as well, so it has four bathrooms.”

A place for the car and a nearby playground were additional assets. “Usually homes on 20-foot lot like this will have mutual drives with pad parking or no parking at all, so to have two-car parking is a big deal,” Mr. Kutyan said.

“It’s right across the street from Woburn [Avenue] Playground with a splash pad, washroom and full playground … and you’re a block in from Yonge Street.”

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.