Sale of the Week: $1.8 million for a Roncesvalles home with a reinvented master suite

Sale of the Week: $1.8 million for a Roncesvalles home with a reinvented master suite

Listed At
$1,799,000
Sold For
$1,795,000

Address: 227 Wright Avenue
Neighbourhood: Roncesvalles
Agent: Monte Burris, Keller Williams Referred Urban Realty, Brokerage
Previously sold for: $992,000, in 2012
 
 
 

The property

A century-old home with a modern, full-floor master suite.

Here’s the foyer, with lots of wood trim:

The living room:

The dining area:

And the freshly renovated kitchen:

There’s a small breakfast area near the door to the backyard:

This office area on the second floor is being used as a den:

There are three second-floor bedrooms. Here’s one of them:

And another:

And here’s the last second-floor bedroom, with bay windows:

The master suite takes up the entire third floor:

Here’s the master bedroom’s en suite bathroom:

And the basement rec room:

The history

When the sellers bought the house five years ago, they went straight to work renovating the third floor into a spacious master retreat. At the same time, they overhauled the kitchen, filling it with gleaming white surfaces and stainless steel appliances. They had just put on the finishing touches when an unexpected promotion sent them packing to Europe.

The fate

The buyers, a husband and wife, had been renting in Roncesvalles and didn’t want to move too far away. Buying this property allowed them to avoid moving their daughter to a new school, while at the same time giving them ample living space.

The sale

The agent priced this property in the same range as a house he’d sold on the same street last year. One offer came in at $1.74 million, but the sellers knew that another potential buyer was seriously considering offering the full list price. The second potential buyer eventually backed out without making an offer—but the first bidders had already preemptively upped their offer by $50,000. The sellers were happy to accept.

By the numbers

• $1,795,000
• $6,494.47 in taxes (2016)
• 3,662 square feet
• 4 bedrooms
• 3 bathrooms

The Hunt

Correction

February 15, 2017

This post originally implied, incorrectly, that the buyer of this home was a man who had recently remarried. In fact, the buyers are a husband and wife who were married well before the home purchase.