115 BOWOOD AVE., TORONTO
ASKING PRICE $1,078,000
SELLING PRICE $1,063,000
PREVIOUS SELLING PRICE $1-million (2011)
TAXES $6,401 (2012)
DAYS ON THE MARKET Six
LISTING AGENT Sue Mills, Royal LePage Signature Realty
The Action: This renovated residence was considered an anomaly in an area of predominantly new custom homes constructed in Bedford Park, so each room was strategically furnished to make the best impression in the marketing materials, which played a large part in convincing over 60 buyers to visit open houses and arrange private tours.
What They Got: In 1918, this brick house was built on an a 35-by-111-foot lot, so the sellers spent the past year – and over $150,000 – modernizing it with new hardwood floors, four remodelled bathrooms and kitchen with stainless steel appliances, granite counters, ceramic backsplashes and a stairwell with access to a south-facing patio, newly heated garage and renovated 684-square-foot basement.
Entertaining areas of the 1,561-square-foot house include a fireside living room, an adjacent dining area and a lower-level recreation room with an office, plus a second floor sunroom amidst four bedrooms.
The Agent's Take: "Most lots in the neighbourhood are 25-feet wide and occasionally 30-feet wide. So it's very rare to find a 35-foot lot, which would allow for a private driveway in an area with predominately mutual drives," agent Sue Mills said.
"The lot would have appealed to builders because of the lot, but our clients chose to renovate rather than rebuild, which put it into a relatively unique category."
This property's location was also highly coveted. "Bowood Avenue has always been known as a family-friendly street in a great neighbourhood with fabulous schools and superb access to shops and restaurants along Yonge Street and is only a short stroll to the Lawrence stop on the Yonge subway line," Ms. Mills said.
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.