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Real Estate

Sale of the Week: the $1.95-million Annex rebuild that got three bully offers

Sale of the Week: the $1.95-million Annex rebuild that got three bully offers

Address: 4 Lennox Street
Neighbourhood: University Agent: Dragi Dodevski, Royal LePage Your Community Realty, Brokerage

The Property: This contemporary University of Toronto–area home has excellent curb appeal, thanks to a premium cedar-and-aluminium exterior. It has a Bulthaup kitchen, high ceilings, a second-floor family room and a unique interior design with high-quality finishes.

The History: A designer rebuilt this home from the ground up five years ago. Some of the foundation is original, but the rest is new.

The Fate: The buyers, a young family familiar with the neighbourhood, now have a home that will grow with them. The facade’s carefully chosen materials will age gracefully over time and blend in with the area’s Victorians.

The Sale: Despite its location across the street from a busy high school, the home received three early offers after its first three showings. The sellers chose to forego the offer date, set for the following week. They took the first bid. The home sold within five days for $201,000 over asking.

By the Numbers:

• $1,950,000 • 2,150 square feet above grade • 111 per cent of list price • 5 years old • 5 days on the market • 4 bathrooms • 3 bedrooms • 3 early offers • 1-car carport

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