43 AUSTIN AVE., TORONTO
ASKING PRICE $869,900
SELLING PRICE $875,000
PREVIOUS SELLING PRICES $256,000 (2001)
TAXES $3,967 (2015)
DAYS ON THE MARKET Zero
LISTING AGENT Jenelle Cameron, Re/Max Hallmark Realty Ltd.
The Action: On a quiet treed street in Leslieville near Matty Eckler park and community centre, this semi-detached house was first listed at $829,900, then relisted at $869,900. Although it was swarmed both times by house hunters, none came forward with an acceptable bid. It was only after it was taken off the market in March that two parties contacted the agent with written offers.
What They Got: Last year, this 2 1/2-storey house built circa 1920 took on a more modern look, largely with its open living and dining areas with hardwood floors and a sunken kitchen remodelled with quartz counters, stainless steel appliances and double glass doors to an upgraded south-facing deck and fenced 17-by-109-foot lot.
Luxuries include an entire third floor with a bathroom and deck designated for one of four bedrooms, heated floors in the larger of two bathrooms and an unfinished basement and laneway parking for large-scale storage.
The Agent's Take: "It's a super great location because you're close to Gerrard, but also relatively close to Dundas and Queen [streets]," agent Jenelle Cameron says. "It's interesting how much development has gone on on that street in the last two to three years. People really like the street and the potential of it."
Ms. Cameron says the house shows the value of adding sweat equity to get into Leslieville more affordably. "It's a nice house, it's got a lot of space, though it needs some work, but it's nothing that's not manageable," Ms. Cameron states.
"It has two-car parking, which is a big plus, also it's got a third floor. Some of the houses in the neighbourhood have that and some don't."