House of the Week: $840,000 for a newly renovated Weston home, minus appliances

House of the Week: $840,000 for a newly renovated Weston home, minus appliances

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Address: 11 Lamont Avenue
Neighbourhood: Weston
Agent: Fernando Perri, Keller Williams Referred Realty
Price: $839,000

The Place: A renovated home in the Weston Village area.

Bragging Rights: An updated, detached home on a 50-by-130-foot lot with five bedrooms, four bathrooms and parking for ten is becoming almost unheard of in this city for under a million dollars. By that standard, this place may almost be a bargain.

Big Selling Point: Getting a foothold in an up-and-coming neighbourhood at a good price. Nearby homes on smaller lots have reportedly sold for over $1,000,000, and the area is the focus of a revitalization project that will include improvements to the local GO station, which will eventually be one of only four stops on the new Union-Pearson Express rail line.

Possible Deal Breaker: The kitchen—while very nice—doesn’t come with appliances. The new owner will have to splurge on a trip to Home Depot, which really is pocket change when weighed against an $840,000 home purchase.

By the Numbers:

• $839,000
• $3,226 in taxes
• 50-by-130-foot lot
• 10 parking spaces
• 5 bedrooms
• 4 washrooms
• 1 garage
• 0 kitchen appliances