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East York home gets 10 bids, sells $200,000 over asking

Done Deal, 20 Plaxton Dr., Toronto

20 PLAXTON DR., TORONTO

ASKING PRICE $699,900

SELLING PRICE $900,418

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PREVIOUS SELLING PRICES $415,000 (2009); $314,000 (2003); $213,500 (1994)

TAXES $3,027 (2017)

DAYS ON THE MARKET Six

LISTING AGENT Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.

The Action: Agent Linda Ing-Gilbert usually gauges the interest level in a property by the number of booked showings. She was discouraged by a low turnout for this 1 1/2-storey residence in early June, but two open houses brought in about 180 groups. Ten of those entered into a bidding war to become the new owners.

"A couple colleagues from different brokerages have listings around the area and said, 'Congratulations on the sale; it's a stellar price and it's tough to sell in that pocket,'" Ms. Ing-Gilbert said.

"It took three weeks of prep time to get it ready, like painting and staging."

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What They Got: In an enclave of several streets named after military figures, this brick house maintains its 1950s charm with separate study, living and dining rooms with hardwood floors, as well as a classic kitchen with ceramic floors and a rear deck.

The top floor is divided up for a pair of bedrooms, while the basement designed with a guest room and recreation room with a gas fireplace. A side entrance exits to the private driveway.

The Agent's Take: "There's a right of way on the north side of it that leads you right to a ravine. So for nature lovers, it was a spectacular house and lot," Ms. Ing-Gilbert said. "And it didn't matter what time of day I went, night or morning, all I heard were birds chirping."

This well situated detached home drew a lot of interest and sold in 8 days for $1,560,000.
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