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Freeman Real Estate Ltd.

708 Euclid Ave., Toronto

Asking price: $1,999,000 (November, 2020)

Selling price: $2.2-million (December, 2020)

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Taxes: $9,000 (2020)

Days on the market: Eight

Listing agents: Douglas and Trevor Freeman, Freeman Real Estate Ltd.

The action

The unit has separate living and dining rooms.

Freeman Real Estate Ltd.

This triplex sits on a 30- by 125-foot lot just 100 metres from Bloor Street and has a triple garage that could be converted into a two-storey laneway home.

“The rental market isn’t flying like it was before COVID with people not needing to be downtown or in school,” said agent Trevor Freeman. “[But] Toronto is a sought-after location and once we get through this, the rents will come back

Mr. Freeman said he received several offers for the house. “It’s a unique type of property, so it attracted buyers looking for something like that but isn’t normally available in that location.”

What they got

The unit has a triple garage that could be converted into a two-storey laneway home.

Freeman Real Estate Ltd.

This two-storey house was built in 1957 with apartments on each floor.

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The main and second levels have 1,330-square-foot units with three bedrooms, an eat-in kitchen and separate living and dining rooms. The basement is near identical but with only two bedrooms.

The agent’s take

There is an eat-in kitchen and the basement is near identical but with only two bedrooms.

Freeman Real Estate Ltd.

“That property was a purpose-built investment property rather than a property that had since been divided into units,” said Mr. Freeman.

“It’s rare to have that much frontage being a detached property and also with a laneway and a three-car garage.”

Some buyers had big ideas on how to use the extra width, as average lots stretch 16- to 20-feet. “People were looking at potential laneway-built properties with this having the detached garage, especially one of that size,” Mr. Freeman said.

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