/arc-anglerfish-tgam-prod-tgam.s3.amazonaws.com/public/LN7LJ4JOYVFJRLGCSUTPGJKGPA.JPG)
Keller Williams Referred Urban Realty
22 Strickland Ave., Toronto
Asking price: $999,000
Selling price: $1,350,000
Previous selling price: $880,000 (2016); $502,000 (2008); $268,000 (2002)
Taxes: $3,950 (2018)
Days on the market: two
Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty
The action
This semi-detached house faces railway tracks and lacks parking. Considering those major drawbacks, it was priced at less than $1-million in late February. About 40 buyers assessed its value in person and one tabled a pre-emptive offer of $1,350,000 within 48 hours.
“[Properties in] Parkdale are recently turning over rather quickly and the fact this was so beautiful and in a popular location made it appealing to everybody,” agent Andrew Ipekian said.
“The trains are very quiet, which is not normal, and often you find people who don’t mind either trains, ambulances or living next to a fire station … already live in the neighbourhood. It becomes white noise and they don’t care.”
What they got
/arc-anglerfish-tgam-prod-tgam.s3.amazonaws.com/public/QWOBTRYOZZEDHDXHORBSXPZGTU.JPG)
The reconfigured kitchen now has better access to the west-facing patio and the 19-by-100-foot grounds.
Keller Williams Referred Urban Realty
Various owners have transformed this 40-year home, evident from the exposed brick walls in some areas to heated floors, a walk-in shower stall and freestanding tub in one of two updated bathrooms.
In 2016, $250,000 was invested in new, hand-scrapped hardwood flooring, a lower-level laundry room and a reconfigured kitchen with upgraded finishes and better access to the west-facing patio and the 19-by-100-foot grounds.
The living and dining areas boast 10-foot ceilings and the largest of three bedrooms has a skylight, vaulted, beamed ceilings and a rooftop terrace.
The agent’s take
/arc-anglerfish-tgam-prod-tgam.s3.amazonaws.com/public/O76A4HYIWJEOJMRFXVNK25MSHI.JPG)
One of the two updated bathrooms features a freestanding tub.
Keller Williams Referred Urban Realty
“[There are a lot of semis], but not everyone had a third floor, so it was a nice, big, additional space you could use as a bedroom, office or play area,” Mr. Ipekian said.
“[Plus] it didn’t have your typical white kitchen. It has character with a mixture of stone and wood counters and different colour cabinetry.”
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.
