286 Major St., Toronto
Asking price: $1,495,000 (May, 2021)
Previous asking price: $1.799-million (March, 2021) *under previous agent
Selling price: $1.7-million (May, 2021)
Previous selling price: $1,268,000 (May, 2016)
Taxes: $7,130 (2020)
Days on the market: Eight
Listing agents: Paul Maranger and Christian Vermast, Sotheby’s International Realty Canada
When this semi-detached Victorian first came to market this spring it attracted only a handful of visitors over a two-week run.
A few months later, new agents suggested a minor makeover would improve results. Landscaping improved the 15-foot-by-115-foot lot and interior walls were removed to enlarge some rooms. The changes paid off with a $1.7-million bid on the offer date.
“[Before], when you walked in the door, you saw small rooms,” agent Christian Vermast said. “It wasn’t staged properly, and all the buyers could see was how much more money they’d have to put into it.”
“It looked more like an investment or rental property,” he said. “But we put it back to look like a single-family property that could easily accommodate a couple or a couple with young children.”
What they got
The more than 100-year-old house has 2½ storeys, with oak flooring in some rooms and a fireplace in the living room.
There are recreation areas on the second and lower levels.
The dining area is open concept, and the galley kitchen was remodelled with quartz countertops and two-tone cabinetry. There is rear access to a back patio and parking.
A rooftop deck provides outdoor space off the largest of three bedrooms.
The agent’s take
“Sometimes on the third floor, you have to duck because of the roofline impeding on the space,” Mr. Vermast said. “But this one had a very nice third floor with a beautiful deck. That gave it a competitive advantage versus peers in the same price range.”
The home is also a short walk to the bars, bistros and shops on Bloor Street West. “It’s a very good location; a very vibrant location,” Mr. Vermast said.
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