Skip to main content

Toronto Real Estate Nearby park and solar power fuels interest in century-old Riverdale home

Keller Williams Advantage Realty

7 Cavell Ave., Toronto

Asking price: $895,000

Selling price: $1,157,777

Story continues below advertisement

Previous selling price: $350,000 (2005); $178,000 (1989)

Taxes: $4,862 (2018)

Days on the market: seven

Listing agent: Suzanne Lewis, Keller Williams Advantage Realty

The action

The main and lower levels have radiant-heat flooring.

Keller Williams Advantage Realty

Green features are the mainstay of this two-bedroom house, from tall trees in its south-facing backyard and solar panels on the roof to interior wood finishes certified by the Forest Stewardship Council. About 60 potential buyers took private tours of the home and another 100 visited during the open house. In mid-May, the marketing campaign ended with multiple parties bidding for ownership.

“In Riverdale, bidding wars are still quite common,” agent Suzanne Lewis says.

“There were some offers that were close, so we asked if they wanted to make improvements.”

Story continues below advertisement

What they got

The updated kitchen has countertops and backsplashes reclaimed from a model suite at Tip Top Lofts.

Keller Williams Advantage Realty

Over the past 14 years, this 112-year-old house on a 21-by-112-foot lot near Withrow Park was refreshed with eco-friendly amenities, such as the solar panels and salvaged bathroom floor and wall tiles.

The main and lower levels were revised with radiant-heat flooring and an updated kitchen with Energy Star appliances and cabinetry, counter tops and backsplashes reclaimed from a model suite at Tip Top Lofts.

There’s also a loft accessed by ladder from one of the upstairs bedrooms.

The agent’s take

“This was pretty unique because it was detached, had parking and was really close to the park,” Ms. Lewis says.

“It was a huge cost upfront to install the solar panels, but the seller gets the money back over a period of time [from the sale of surplus energy generated]. It’s pretty amazing.”

Furthermore, there’s still room to raise the home’s value. “It was set far back from the street, so there was talk you could do a front addition to double the space,” Ms. Lewis says.

Story continues below advertisement

“It had a mutual drive to the garage at the back, but it also has access to a lane in the back, so that also made it pretty unique.”

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.

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
1238000.00
499 JONES AVE, Toronto, Ontario
RE/MAX HALLMARK REALTY LTD.
Bedrooms
6
Bathrooms
4
Building Type
Freehold
Property Type
Single Family
Income! Income! Income! A Rare Opportunity To Own A Turn Key Investment Property. Conveniently Located In The Hart Of Greektown. Steps From The Danforth, Subways, Parks, High Schools, Restaurants, Place Of Worship And Much, Much More. Completely Renovated Main Floor Offering, Newer Kitchen, New Marble Floors, New 3 Piece Washroom And Professionally Painted. This Is A True Gem. Cannot Be Missed. Incredible Cap Rate!!!**** EXTRAS **** 3 X Refrigerators, 3 X Stoves, 3 X Range Hood Fans, Dishwasher, Washer & Dryer, , All Electrical Light Fixtures & All Window Coverings Included. (id:31729)
Listing ID E4525656
Salesperson HARRY CHARILAOU
Brokerage RE/MAX HALLMARK REALTY LTD.
Open this photo in gallery: Gallery photo 1
1588800.00
#12 -175 JONES AVE, Toronto, Ontario
RIGHT AT HOME REALTY INC.
Bedrooms
3
Bathrooms
3
Building Type
Condo/Strata
Property Type
Single Family
Come And Live In This One Of A Kind Unit In Leslieville At The Recently Completed St. Leslieville Lofts. A Private Oasis To Call Home. This Unit Takes Up The Full Width Of The Church With An Amazing Open Concept Design. There Are Two Balconies Where You Get North Exposure And South Exposure. Main Level Has Original Transept Window Which Is Open To The Second Floor. Many, Many Upgrades Have Been Completed. Two Parking Spots And One Locker Is Included.**** EXTRAS **** Ss Appliances, Washer, Dryer, Security System, Gas Cooktop, Under Cabinet Lighting, Custom Cabinetry, Loft Areas In Bedrooms, Original Historic Church And Walls. (id:31729)
Listing ID E4503601
Salesperson LUKE WYWROT
Brokerage RIGHT AT HOME REALTY INC.
Open this photo in gallery: Gallery photo 1
999000.00
317 JONES AVE, Toronto, Ontario
RIGHT AT HOME REALTY INC.
Bedrooms
6
Bathrooms
2
Building Type
Freehold
Property Type
Single Family
Completely Renovated, Rare Find Legal Duplex In Most Sought After Area, Transit At Front, Walk To Mall, Unit 1 : Includes 3 Bdrm 3Pc Bath, Eat-In Kitchen With Quartz Countertop & Backsplash, New Ss Appliances, Laundry, Main Floor And Basement With Front & Side Access Back Yard & Deck. Unit 2: Includes: 3Bdrm, 4 Pc Bath, 2nd & 3rd Floor, Open Concept Eat-In Kitchen With Led Pot Lights, Escape Ladder & Egress Window, Fire Door, Inter Connected Smoke Alarms,Etc**** EXTRAS **** Unit 1: Brand New Ss Fridge, Ss Stove, Ss Hood Range, Washer/Dryer. Unit 2: Fridge, Stove, Ss Hood Range, Washer/Dryer (id:31729)
Listing ID E4514082
Salesperson HAMID LEO AZAD
Brokerage RIGHT AT HOME REALTY INC.
Open this photo in gallery: Gallery photo 1
1049900.00
#102 -120 DONLANDS AVE, Toronto, Ontario
RE/MAX HALLMARK REALTY LTD.
Bedrooms
3
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
*2 Floor Plan Options Available!!! Sommerside Collection New Development By Louisville Homes. Rare Opportunity In Danforth Village. Georgian Style Boutique Condominium. 3 Bedroom Luxurious Condo Town Available . Offering Pre Engineered Hardwood Flooring, Stainless Steel Appliance Package Smooth Ceiling Throughout, Ensuite Laundry. Open Concept Design With Quality Craftsmanship. Close To Ttc, Restaurants, Shops And Much More!**** EXTRAS **** Under Construction. Extended Deposit Structure-$5,000 On Signing, Bal To 5% In 30 Days, 5% In 90 Days, 5% In 180 Days, 5% Due At Interim Occupancy. Parking- 50K,45K For Compact Space!!!!! (id:31729)
Listing ID E4401663
Salesperson ALLISTER JOHN SINCLAIR
Brokerage RE/MAX HALLMARK REALTY LTD.
Open this photo in gallery: Gallery photo 1
1099900.00
#101 -120 DONLANDS AVE, Toronto, Ontario
RE/MAX HALLMARK REALTY LTD.
Bedrooms
3
Bathrooms
2
Building Type
Condo/Strata
Property Type
Single Family
Sommerside Collection New Development By Louisville Homes. Rare Opportunity In Danforth Village. Georgian Style Boutique Condominium. 3 Bedroom Luxurious Condo Town Available. Offering Pre Engineered Hardwood Flooring, Stainless Steel Appliance Package Smooth Ceiling Throughout, Ensuite Laundry. Open Concept Design With Quality Craftsmanship. Close To Ttc, Restaurants, Shops And Much More!**** EXTRAS **** Under Construction. Extended Deposit Structure-$5,000 On Signing, Bal To 5% In 30 Days, 5% In 90 Days, 5% In 180 Days, 5% Due At Interim Occupancy. Parking- 50K,45K For Compact Space!! (id:31729)
Listing ID E4312996
Salesperson ALLISTER JOHN SINCLAIR
Brokerage RE/MAX HALLMARK REALTY LTD.
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

Cannabis pro newsletter