Sale of the Week: The $2.3-million King West house that shows the advantages of building from scratch

Sale of the Week: The $2.3-million King West house that shows the advantages of building from scratch

(Image: Alex Rothe)
Listed At
$2,328,000
Sold For
$2,348,000

Address: 707 Richmond Street West

Neighbourhood: Niagara

Agent: Kelly Driscoll and Leeanne Weld, Royal LePage, Johnston and Daniel Division, Brokerage


The property: This spacious detached home is a rarity in a downtown neighbourhood filled with semis and condos. Inside, it has a dining room with a 15-foot ceiling, as well as a contemporary, walnut-lined kitchen. There’s also a rooftop deck.


The history: The seller built the property from the ground up in 2012. She bought the vacant lot and designed the home as an investment property, before falling in love with it and moving her family there from Rosedale in 2013. With one child at university and another on the way, she’s now looking to move uptown.


The fate: The buyer is a Cabbagetown woman looking to move closer to the Queen West scene. She liked the interior design so much she bought the custom dining room furniture to keep the original look intact.


The sale: The seller, who recently started a career as a realtor, marketed the property herself with the help of another agent. An open house attracted a number of potential buyers interested in the house for its interiors and its convenient location. In the end, though, there was only one offer, for $20,000 over asking.


By the numbers:

  • $2,348,000
  • $6,717.34 in property taxes (2015)
  • 3000 square feet (including the lower level)
  • 24-by-91-foot lot
  • 9 days on the market
  • 4 bedrooms
  • 4 bathrooms
  • 2 parking spaces
  • 1 rooftop deck
(Image: Alex Rothe) (Image: Alex Rothe)
 

The kitchen has Caeserstone countertops and marble backsplashes.

(Image: Alex Rothe) (Image: Alex Rothe)
 

Fancy new appliances, naturally.

(Image: Alex Rothe) (Image: Alex Rothe)
 

The dining area has 15-foot ceilings and engineered oak floors.

(Image: Alex Rothe) (Image: Alex Rothe)
 

The family room is up on a mezzanine on the second floor.

(Image: Alex Rothe) (Image: Alex Rothe)
 

Let us take a moment to contemplate this steampunk exercise bike.

(Image: Alex Rothe) (Image: Alex Rothe)
 

Here’s the family room.

(Image: Alex Rothe) (Image: Alex Rothe)
 

There are three bedrooms on the third floor. Here’s one.

(Image: Alex Rothe) (Image: Alex Rothe)
 

This bedroom is being used as an office.

(Image: Alex Rothe) (Image: Alex Rothe)
 

This is one of two third-floor hallway bathrooms.

(Image: Alex Rothe) (Image: Alex Rothe)
 

And the third floor has its own balcony.

(Image: Alex Rothe) (Image: Alex Rothe)
 

The master bedroom is on the fourth floor.

(Image: Alex Rothe) (Image: Alex Rothe)
 

The master ensuite has heated limestone floors.

(Image: Alex Rothe) (Image: Alex Rothe)
 

The master bedroom also has this private balcony.

(Image: Alex Rothe) (Image: Alex Rothe)
 

And here’s the basement rec room.