16 Sunnybrook Rd., Toronto
Asking price: $1,559,000
Selling price: $1,510,000
Previous selling price: $453,700 (2004)
Taxes: $5,568 (2018)
Days on the market: Two
Listing agent: Deirdre Slowey, Royal LePage Real Estate Services Ltd.
The action
Late last year, there weren’t many buyers willing to part with $1.5-million for a one-bedroom bungalow – even an architect’s own home on a 30-by-110-foot lot. So the marketing materials were changed to alert buyers to a second bedroom in the basement and the price raised to $1,559,000.
“There was one big bedroom on the main floor, but most people don’t tend to search for a one-bedroom [house],” agent Deirdre Slowey said.
“We didn’t get any [offers], so we adjusted the price and got an offer within two days.”
What they got
The architect owner modernized this brick structure with imported finishes, with German-engineered windows and massive patio doors to a deck, landscaped backyard and studio space.
Stainless steel counters and vaulted ceilings added dramatic flair to the kitchen, which acts as the home’s social centre with easy access to the living and dining rooms.
Smaller extravagances range from Bose speakers in the lower-level entertaining areas to a temperature-controlled wine cellar.
The agent’s take
“This is the best example of a nice [bungalow] for downsizers, but a lot have been left in need of serious updating or are being knocked down and two-storey homes are being built,” Ms. Slowey said.
“It was stunning – they put in heated floors throughout the main floor and basement – and everything was done to the highest quality.”
Even the studio at the end of the driveway was a rare asset. “[The sellers] had thoroughly insulated that and added electricity and it was air conditioned as well,” Ms. Slowey said.
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