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done deal

139 Cottingham St., Toronto.

139 Cottingham St., Toronto

Asking price: $2,750,000

Selling price: $3,125,000

Previous selling prices: $1,640,000 (2014); $865,000 (2004); $810,000 (2003); $510,000 (1995)

Taxes: $9,966 (2017)

Days on the market: Two

Listing agent: Boris Kholodov, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The action: This updated, century-old home on a 26-by-97-foot corner lot had several dozen visitors this February, including many parents aspiring to enrol their kids at Cottingham Jr. School down the street. But access was quickly cut off by a bully bid.

“There was one bully offer that was only good for two hours – nobody else had the time to put one together, although there was a lot of interest – so the seller decided to accept the bully offer,” agent Boris Kholodov said.

“The market was slow in general, but in Summerhill there was very little inventory and a lot of demand, so it was not surprising this property sold so quickly and the offer being quite attractive for the seller.”

What they got: Despite past renovations, this 2,649-square-foot residence preserved its stately brick façade, original mouldings and wood-burning fireplaces in two bedrooms and the living and dining rooms.

The largest of four bedrooms is a modern retreat on the third floor with a walk-in closet, ensuite bathroom and south-facing terrace.

The backyard and garage are accessible from the main kitchen and 970-square-foot basement. The latter contains two guest rooms, recreation and cooking quarters.

The agent’s take: “This house is very special because of its location on a corner, so it benefits from views not only to the front and back, but the side,” Mr. Kholodov said.

“There are some original features that were left, although it was renovated in the last seven years, so a considerable portion of the property was modernized and added onto.”

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