23 Peveril Hill N., Toronto
Asking price: $1,495,000
Selling price: $1.7-million
Previous selling prices: $872,018 (2012); $493,000 (2001); $375,000 (1998)
Taxes: $6,768 (2019)
Days on the market: Six
Listing agents: Marni Lokash, Harvey Kalles Real Estate Ltd., and Vivian Souroujon, Forest Hill Real Estate
Over the course of a couple weeks this summer, this two-storey house was repainted, the gardens were tended and the furnishings were replaced with rental pieces, all to appeal to potential buyers. But simply putting a sign on the lawn caught the attention of a passerby who told a friend to rush over to the open house early June.
“The new homeowner had a friend call her when he saw the open house sign,” said agent Marni Lokash, who notes neither party were house hunting prior.
“She bought the house in a bidding war the next day.”
What they got
This three-bedroom house is nearly 80 years old, but several rooms were updated over time, such as the eat-in kitchen and lower-level guest and recreation rooms. Several bathrooms were also created for a total of four.
A formal dining area and traditional living room with a fireplace were preserved, as well as a fenced-in backyard and deck.
The agent’s take
“The house showed beautifully and has been well maintained and updated,” Ms. Lokash said.
“It has brand new bathrooms, and the sellers had added a powder room and semi ensuite between the kids’ rooms, which are both huge selling features.”
The 30-foot-by-114-foot lot also has a garage, yet is steps away from amenities on Eglinton Avenue.
“The location is phenomenal because it’s quick access to the Allen, and the LRT will be a huge feature once it is complete,” Ms. Lokash said.
“Additionally, the [local] school is very sought after. Buyers typically wait for houses to buy in the area to enroll their kids in Cedarvale Community School.”
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