Done Deals

Written by: Sydnia Yu for the Globe and Mail: 

40 Glenview Ave., Toronto

Asking price: $5,295,000 (October, 2024)

Previous asking price: $5,495,000 (September, 2024)

Selling price: $4,930,000 (November, 2024)

Previous selling price: $1,295,000 (September, 2003)

Taxes: $20,013 (2024)

Property days on market: 72

Listing agents: Keegan Irwin and Carol Lome, Royal LePage Real Estate Services Ltd., Johnston and Daniel Divisio

The action

The owner of this four-bedroom house put it up for sale last fall and held four open house events, cutting the price by $200,000 a month later to keep buyer interest alive. Only after that did one of the open house visitors return with an offer, $365,000 under the revised asking price.

“At that time, the market had shifted a little … so we adjusted the price,” said agent Carol Lome  “A buyer who came through an open house, came back with an agent and made an offer. In this case, the open house paid off.

What they Got

There is an eat-in kitchen with double doors to outdoor cooking facilities.

This two-storey house on a 40- by 258-foot lot backing onto a ravine was recently redesigned and now has 3,329 square feet of living space, an elevator and an office adjoining the primary bedroom.

Living and dining rooms are more open-concept, and casual lounging areas are on the main and lower levels.

There are three updated bathrooms and an eat-in kitchen with double doors to outdoor cooking facilities, an in-ground pool and custom firepit.

The Agent’s Take

The backyard features an in-ground pool and custom firepit

“This is on a very special block between Duplex [Avenue] and Yonge [Street], and a very quiet residential part of Lytton Park,” said Ms. Lome.

“It was a wonderful lot; you almost felt like you were in Italy the way it was landscaped. And it had a saltwater pool and lots of tableland.

“It was custom renovated for the owners in the nineties to have an elevator, which is really state of the art,” Ms. Lome said.

“It has a private drive and a garage with direct access, so it was very current.”

Published November 20, 2024

249C Berkeley St., Toronto

Asking price: $999,900 (September, 2024)

Selling price: $1,275,000 (October, 2024)

Previous selling prices: $1,189,000 (August, 2022); $294,400 (June, 2003)

Taxes: $5,479 (2024)

Days on the market: Eight

Listing agents: Carol Lome and Brayden Irwin, Royal LePage Real Estate Services Ltd. Johnston and Daniel Division

The action

The townhouse underwent an extensive makeover in key areas, such as the kitchen and two bathrooms.Soare Productions

“In this particular case, we had two [offers] that were very strong with slight differences, so it was a close decision for the seller.”

What they got

At one end of a trio of three-storey townhouses, this unit was refreshed with new windows, doors and a new driveway to the built-in garage.

Private decks can be reached from the principal room and primary bedroom on the main and third floors. There’s also a firepit and patio on the 18- by 66-foot lot.

The agent’s take

“There are a number of townhouses in that general neighbourhood, but a lot of them have split-floor plan layouts, so there wasn’t as much space on each level,” Mr. Irwin said.

“Whereas this townhouse has a more traditional layout with the kitchen at the front, and a dining room and living room at the back.”

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27 Lytton Blvd., Toronto

Asking price: $3,995,000 (May, 2024)

Selling price: $3.8-million (May, 2024)

Previous selling price: $805,000 (August, 2001)

Taxes: $15,451 (2023)

Days on the market: 13

Listing agents: Carol Lome and Brayden Irwin, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The action

This five-bedroom house, less than a block west of Yonge Street, sold in standard fashion in May, much like other multimillion-dollar properties in the family-oriented community. The owner did not impose a deadline for house hunters to stop by or make an offer, giving one buyer a couple weeks to comparison shop, examine it several times, and negotiate a $3.8-million deal.

“It was a unique house with 2.5-storeys, so it was really large with lots of rooms, perfect for a family needing space to spread out or grow into” said agent Brayden Irwin.

“It’s nice to just have a normal market where buyers have some choices, and sellers don’t have to worry if their house doesn’t sell in two days. It’s a good balance.”

What they got

This Edwardian-style house with an attached garage was erected on a 50- by 132-foot lot in the 1920s.

Over time, it was modernized with updated mechanics and expanded for a total of 3,288 square feet of living space.

The four bathrooms were recently updated, and the eat-in kitchen was redone with granite countertops, stainless-steel appliances and access to a multitiered deck.

Traditional elements remain, such as coffered ceilings in the front foyer and dining room, and fireplaces in entertaining areas on the main, second and lower levels.

The agent’s take

“Lytton and Alexandra are the two main [boulevards] where they’re all 50-footers for the most part, and beyond that, sections of streets have 50-footers and more of a mix of 25-, 30-, and 40-foot lots,” said Mr. Irwin.

“It’s in between Duplex [Avenue] and Yonge Street, which is a little busier with car traffic, but the backyard faced south, and it was quiet back there with a beautiful wide, open space to enjoy.”

https://www.theglobeandmail.com/real-estate/toronto/article-updated-edwardian-uptown-sells-for-38-million-in-more-normal-market/

PUBLISHED MAY 5, 2024

151 Sheldrake Blvd., Toronto

Asking price: $3,795,000 (February, 2024)

Previous asking prices: $3,845,000 (October, 2023); $3,995,000 (September, 2023)

Selling price: $3,740,000 (March, 2024)

Previous selling price: $464,000 (August, 1993)

Taxes: $11,799 (2023)

Property days on market: N/A

Listing agents: Carol Lome and Keegan Irwin, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The action

SOARE PRODUCTIONS

A loft-like bedroom with a rooftop deck fills out the third floor.

This four-bedroom house on a residential street between Yonge Street and Sherwood Park received one offer when it was listed last fall and another when it was relisted at a lower asking price this year. In both instances, the long-time owners rejected the offer prices and terms. Weeks later, another buyer found the sweet spot with a bid of $3.74-million and a closing date in June.

“In this price range, there were only two or three listings when we came to market and they’ve all sold,” said agent Carol Lome.

“The sellers had been in the house for 30 years, and they wanted a closing date to coincide with their plans … but what they really liked was that it was a young family that was buying the house, similar to themselves when they bought it.”

What they got

The main-floor living room has brickwork around a gas fireplace and pocket doors to the dining room.

This 2½-storey house was built in the 1920s but major elements have been recently replaced, from the roofing and windows to finishes in the kitchen and four bathrooms.

A breakfast room addition on the main floor has tandem offices off a bedroom above. A loft-like bedroom with a rooftop deck fills out the third floor.

The main-floor living room has brickwork around a gas fireplace and pocket doors to the dining room. There’s another entertaining area on the lower level.

A south-facing yard, shed, and private driveway fill out the 50- by 150-foot lot.

The agent’s take

The finishes in the kitchen have recently been replaced.

“Often in this neighbourhood, builders buy and sever the lot into two 25-foot lots,” Ms. Lome said.

“This house will be enjoyed as a family home, and the buyers are looking forward to having a huge backyard.”

The house itself was in good repair. “It was lovingly updated, and it had a lot of charm,” said Ms. Lome.

“It had a European flair.”

PHOTOS TAKEN BY: SOARE PRODUCTIONS

PUBLISHED APRIL 8, 2024UPDATED APRIL 10, 2024

275 Briar Hill Ave., Toronto

Asking price: $2,195,000 (February, 2024)

Selling price: $2,175,000 (March, 2024)

Previous selling price: $330,000 (March, 1994)

Taxes: $8,561 (2024)

Days on the market: 15

Listing agents: Carol Lome and Brayden Irwin, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

This two-storey house was built in the 1930s but has been thoroughly renovated and expanded.

The action

Single-family homes had been sitting on the market last fall, finding little buyer interest. Agent Brayden Irwin had seen it for himself. But in the new year the logjam was broken and listings started to be snapped up again. This three-bedroom house was new to the scene this February and one of only a few on the market in the area around Eglinton Park. It racked up tours from 30 interested buyers in just over two weeks and, though negotiations with the first bidder broke down, the next offer stuck.

“Properties were getting 30 to 40 showings again, which we didn’t see in the fall,” said Mr. Irwin. “It almost took us back to last year’s spring market when we saw that kind of surge in activity.

“The [eventual] buyers showed quite a bit of interest at the start but weren’t quite ready to make an offer initially. [But] they ultimately ended up making an offer and buying it.”

There’s 1,676 square feet of living space, including entertaining and dining areas with vaulted ceilings, skylights, and hardwood flooring.

What they got

This two-storey house was built in the 1930s but has been thoroughly renovated and expanded. It now has 1,676 square feet of living space, including entertaining and dining areas with vaulted ceilings, skylights and hardwood flooring.

There are two bathrooms, an upscale kitchen with an island and an updated recreation area in the basement.

A wood-burning fireplace is in the living room.

The 25- by 131-foot lot has parking out front, and there’s a tiered back deck and a yard facing south.

One of the house’s three bedrooms.

The agent’s take

“It’s the perfect family-friendly neighbourhood,” Mr. Irwin said.

“These owners did a main-floor addition around the time they bought it, and put in a big kitchen/family room, which is what most young families are looking for.”

Photos taken by; Soare Productions

350 Lonsdale Rd., No. 310, Toronto

Asking price: $1,575,000 (February, 2024)

Selling price: $1,590,000 (February, 2024)

Previous selling price: $581,000 (June, 2008)

Taxes: $3,280 (2023)

Days on the market: Eight

Listing agents: Carol Lome and Keegan Irwin, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The action

The unit has a balcony off the living room.SOARE PRODUCTIONS

February was a busy month for agent Carol Lome, who listed two suites in central Toronto and juggled multiple offers for both on the same day. The process unfolded over one week for this rare, three-bedroom suite in south Forest Hill. Two visitors out of about two dozen presented offers to the sellers. One added an extra $15,000 on top of the asking price to seal the deal.

“If you’re looking for walkability to Forest Hill Village, there is not a lot in this price range and also size,” said Ms. Lome.

“It’s a popular building, and we thought it would take between 14 and 21 days to sell, so it sold quicker than we were expecting.”

A recent makeover played a role in enhancing the 1,439-square-foot space. “It was totally staged and that makes a big difference,” Ms. Lome said.

“People could come in and really visualize how they would use the space.”

What they got

The south-facing unit has windows in each bedroom.

This mid-rise building was originally built as rental units in the 1970s and later refurbished into condominium suites.

This south-facing unit has windows in each bedroom and a balcony off the living room.

The two bathrooms were renovated more than 10 years ago and the kitchen was refashioned with granite countertops, custom backsplashes and stainless-steel appliances.

The unit comes with a storage locker and parking spot.

The cost of utilities and cable are incorporated in monthly fees of $2,080, which also covers use of the party and fitness rooms, a pool and a rooftop terrace.

The agent’s take

“The concierge is really second to none and it’s a really well-managed building,” said Ms. Lome.

“And it’s a delicious, three-bedroom, south-facing unit with a balcony on the third floor, so you were kind of in the treetops.”

PHOTOS CREDIT: SOARE PRODUCTIONS

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