Sale of the Week: the $1-million Wychwood home that proves a small lot can sell overnight
Address: 31 Wychwood Avenue
Neighbourhood: Wychwood
Agent: Ryan Roberts, Bosley Real Estate Ltd., Brokerage
The Property: This contemporary two-storey home is situated on a shallow lot across the street from the Wychwood Barns. It has a fully renovated kitchen and a finished (and soundproofed) basement.
The History: The sellers, a young family, picked up the property five years ago when it was tenanted and “heavily worn,” according to the selling agent. They upgraded the kitchen with new surfaces and luxury appliances, redid the facade and landscaped the yards. One thing they didn’t touch was the original hardwood flooring, which gives the renovated house some of its character.
The Fate: Another young couple scooped up the home. They didn’t object to the small lot size, thanks in part to the clever landscaping. Parking could be an issue, though: the lack of a garage or driveway means they’ll have to apply for street parking permits from the city.
The Sale: The sale was helped along by Toronto’s notoriously low inventory of detached homes. The sellers intended to review offers after a week, but decided to sneak a peek at the six bully offers they received after day one. The home sold in less than 24 hours.
By the Numbers:
• $1,041,000
• 1,650-square-foot lot
• 1,234 square feet above grade
• 565-square-foot basement
• 123 per cent list price
• 27.5-by-60-foot lot
• 24 hours, approximately, on the market
• 6 bully offers
• 3 bedrooms
• 2 bathrooms
314367 The house was in "worn" condition before the sellers bought and renovated it. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-1-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-1.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-1.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-1/ toronto-sale-of-the-week-31-wychwood-avenue-1 0 0
314368 Each floor of the house is only about 600 square feet, but features like this bay window help open up the space. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-2-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-2.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-2.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-2/ toronto-sale-of-the-week-31-wychwood-avenue-2 0 0
314369 The dining area is next to the kitchen. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-3-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-3.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-3.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-3/ toronto-sale-of-the-week-31-wychwood-avenue-3 0 0
314370 The sellers freshened up the kitchen. Their upgrades included Caeserstone counters and a Wolf range. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-4-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-4.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-4.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-4/ toronto-sale-of-the-week-31-wychwood-avenue-4 0 0
314371 There are three bedrooms on the second floor of the house. This is one of them. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-5-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-5.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-5.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-5/ toronto-sale-of-the-week-31-wychwood-avenue-5 0 0
314372 Another bedroom. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-6-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-6.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-6.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-6/ toronto-sale-of-the-week-31-wychwood-avenue-6 0 0
314373 The master bedroom has a bit more square footage and a window facing the front yard. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-7-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-7.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-7.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-7/ toronto-sale-of-the-week-31-wychwood-avenue-7 0 0
314374 None of the bedrooms have en suite bathrooms. They all share this one. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-8-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-8.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-8.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-8/ toronto-sale-of-the-week-31-wychwood-avenue-8 0 0
314375 The basement is not only finished but soundproofed, making it perfect for band rehearsals, movie screenings—or even, with the right upgrades, a tenant. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-9-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-9.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-9.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-9/ toronto-sale-of-the-week-31-wychwood-avenue-9 0 0
314376 Here's the basement bathroom. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-10-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-10.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-10.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-10/ toronto-sale-of-the-week-31-wychwood-avenue-10 0 0
314377 The backyard is small, but that didn't hurt the sale. This property drew six bully offers. https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-11-150x150.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-11.jpg https://torontolife.com/wp-content/uploads/2015/05/toronto-sale-of-the-week-31-wychwood-avenue-11.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-31-wychwood-avenue/slide/toronto-sale-of-the-week-31-wychwood-avenue-11/ toronto-sale-of-the-week-31-wychwood-avenue-11 0 0
Which wood would be good on Wychwood, if it stood in the ‘hood for good?
Have fun with street parking on Wychwood across from the barns.
The interior design was done by Hue Home and Colour…excellent work! http://www.huehomeandcolour.com/