Advertisement
Real Estate

Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do

Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do

Address: 29 Gloucester Street
Neighbourhood: Church-Wellesley Village Agent: Ken James, Bosley Real Estate Ltd., Brokerage

The Property: The upper levels of this freehold townhouse overlook the ones below, giving it a loft-like feel. The master bedroom takes up the entire third storey and has a spiral staircase that leads to a private rooftop terrace.

The History: The sellers purchased the place five years ago and completely renovated it, ridding it of its 70s-era glass-and-steel interior detailing.

The Fate: The pad’s going to a couple of out-of-towners without kids. Low-rise properties like this one are increasingly rare downtown, which is making them more and more valuable to buyers seeking alternatives to high-rise living.

The Sale: The sellers planned to hold offers for a week, but they received an aggressive bully offer the day after putting the property on the market. They accepted it, and walked away with $100,000 over asking.

By the Numbers:

• $1,300,000 • 2,300 square feet, approximately • 108 per cent of list price • 2+1 bathrooms • 2+1 bedrooms • 2-car detached garage • 2 days on the market • 1 two-storey fireplace

Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
Sale of the Week: the $1.3-million Church-Wellesley townhouse that shows what a bully offer can do
toronto-sale-of-the-week-29-gloucester-street-intro

NEVER MISS A TORONTO LIFE STORY

Sign up for This City, our free newsletter about everything that matters right now in Toronto politics, sports, business, culture, society and more.

By signing up, you agree to our terms of use and privacy policy.
You may unsubscribe at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Advertisement
Advertisement

The Latest

Rental of the Week: $180,000 a month for a Hamptons-themed Muskoka getaway with a helipad
Real Estate

Rental of the Week: $180,000 a month for a Hamptons-themed Muskoka getaway with a helipad