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1690 GERRARD ST. E., TORONTO

ASKING PRICE $599,900

SELLING PRICE $755,000

PREVIOUS SELLING PRICE $230,000 (2000)

TAXES $3,087 (2014)

DAYS ON THE MARKET One

LISTING AGENTS Lance and Brenda Van der Kolk, Re/Max Hallmark Realty Ltd.

The Action: With stiff competition from other east-end properties for sale in November, the sellers of this semi-detached house decided to forgo two planned weekend open houses and look at two bully offers that sought to outrun the pack. That move was a catalyst for nine more buyers to place bids by nightfall, so the sellers had 11 offers to sift, accepting one with a $155,100 premium.

What They Got: On a 27-by-150-foot lot with Fairmount Park and Bowmore school across the street and Small's Creek and Williamson Park Ravine behind its fence, this more than 90-year-old, brick structure contains three units, each with entertaining, cooking, bathing and laundry quarters, plus a private driveway for three cars.

There is one-bedroom basement suite with above-grade windows and a main-floor unit with one bedroom, complete with a gas fireplace and hardwood floors, and a guest loft with a walkout to a deck.

Highlights in the second-floor apartment include cathedral ceilings above the living and dining areas, a deck off the kitchen and two bedrooms, one with a skylight and another with stairs up to an open loft space.

The Agent's Take: "The location was pretty good in terms of schools, parks and access to transportation," agent Lance Van der Kolk says. "Having the incredible ravine backyard made it special … and it overlooked a park."

While semi-detached homes are standard in the area, its interior set-up is not. "There are not a lot of homes that are unique like this, it being a three-unit home as opposed to a single-family," Mr. Van der Kolk adds. "And it had cathedral ceilings on the second floor as well."

Editor's note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.