228 Haddington Ave., Toronto
Asking price: $3,688,000 (May, 2021)
Selling price: $3,690,000 (May, 2021)
Previous selling price: $2,450,000 (September, 2019)
Taxes: $11,634 (2020)
Days on the market: Three
Listing agents: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.
This over 20-year-old house was gutted and modernized two years ago, differentiating it from new infill homes nearby. Six buyers signed up for a tour and two quickly brought forward purchase offers. The winners nudged their bid $2,000 over the list price.
“It was priced right on the money given what had transacted in the area and what competition we had at the time,” agent Andre Kutyan said.
“There’s very little inventory in the neighbourhood in that mid-$3-million range because the new homes are hovering around and above $4-million.”
What they got
The 3,306-square-foot house was updated inside and out, complete with a new double driveway, stucco façade and covered patio with French doors to one of two entertaining areas on the main floor.
The formal office and dining room remain much as they were before, but the eat-in kitchen was redesigned with an island, granite countertops and stainless steel appliances.
Upstairs, a fifth bedroom was converted into the primary bedroom’s dressing area and a seven-piece bathroom.
Extra guest, recreation, cooking and laundry facilities are provided in the basement.
The agent’s take
“[My clients] made it look like something out of Architectural Digest,” Mr. Kutyan said.
“The backyard was spectacular as well, with a gorgeous, covered porch with a built-in gas fireplace and barbecue.”
The 50- by 130-foot property also offers more space than average homes with 40-foot frontages. “It’s a corner lot too, so you get use of city boulevard as well, so it looks like a 60-foot lot,” Mr. Kutyan said.
“It’s got a detached, two-car garage – most homes have built-in garage – so the big plus side to this is you have an excellent main floor and basement, and a true centre hall plan.”
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.