Sale of the Week: the $1.3-million High Park home that shows catering to the young and wealthy can pay off
Sale of the Week: the $1.3-million High Park home that shows catering to the young and wealthy can pay off
Address: 122 Mavety Street
Neighbourhood: High Park
Agent: Duncan Cameron, Sage Real Estate Limited, Brokerage
The Property: This three-storey home in High Park was fully renovated to attract the hip and the well-heeled. It features a rare second-storey family room with a wet bar. There’s also a built-in wine fridge in the kitchen, plus modern finishes throughout.
The History: It was a calculated risk for the seller to turn the former four-unit rental property into a single-family house. Even so, he went all-in, going as far as applying for a permit to build a bridge between the home’s cedar sundeck and a proposed terrace atop the detached double garage. (It didn’t fly with the city.)
The Fate: The property still has some untapped potential. A waterproofed basement with high ceilings and rough-ins for a kitchen could be converted into a nanny’s suite or apartment, while space on the second storey could be turned into an additional bedroom.
The Sale: The property was primarily marketed toward young professionals, because of its design. After an open house with mimosas on tap and seven days of viewings, the home received three offers, one of which was in-person. The sale closed for $126,000 over asking, setting the benchmark for 25-foot lots in the vicinity.
By the Numbers:
• $1,325,000
• 3,100 square feet above grade, approximately
• 800-square-foot master retreat
• 111 per cent of list price
• 50-square-foot master shower
• 7 days on the market
• 4 washrooms
• 3+2 bedrooms
• 3 offers
• 3 fireplaces
• 2-car detached garage
Read More
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- The house used to be split into four apartments, but the seller turned it into a single-family home.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The entire house is decked out in lovely stained-wood trim.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- Here's the living room, with fireplace.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The dining area is next to the kitchen, and it has a door to the backyard.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The kitchen has stainless steel appliances, including a wine fridge.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- This family room, complete with wet bar, is on the second floor of the house, along with two bedrooms and a den.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- Here's the den, with its own exit to the second-floor terrace.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The terrace is spacious enough for a couple couches and a table.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- Here's one of the second-floor bedrooms. A fireplace keeps things toasty.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The other second-floor bedroom.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The main washroom.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The master suite has the third floor all to itself.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The glass, two-headed shower is open to the bedroom. Just make sure the kids don't wander into the room during any group bathing sessions.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- A closer look at the master en suite. That's some nice flooring.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The master suite's walk-in closet.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- Here's the lower-level rec room. There are also two more bedrooms down here. The flooring is laminate.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- Here's one of the lower-level bedrooms.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- And the lower-level washroom.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- The backyard isn't super-spacious, but there's always that terrace.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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- And yes: there's a garage.
- Sale of the Week: 122 Mavety Street
- Sale of the Week: 122 Mavety Street
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The Fate: The property still has some untapped potential. A waterproofed basement with high ceilings and rough-ins for a kitchen could be converted into a nanny’s suite or apartment, while space on the second storey could be turned into an additional bedroom.
The Sale: The property was primarily marketed toward young professionals, because of its design. After an open house with mimosas on tap and seven days of viewings, the home received three offers, one of which was in-person. The sale closed for $126,000 over asking, setting the benchmark for 25-foot lots in the vicinity.
By the Numbers:
• $1,325,000
• 3,100 square feet above grade, approximately
• 800-square-foot master retreat
• 111 per cent of list price
• 50-square-foot master shower
• 7 days on the market
• 4 washrooms
• 3+2 bedrooms
• 3 offers
• 3 fireplaces
• 2-car detached garage
[gallery columns="6" ids="294911,294912,294913,294914,294915,294916,294917,294918,294919,294920,294921,294922,294923,294924,294925,294926,294927,294928,294929,294930"]){kind=link}
This is one of the better remodels I have seen, but the second floor bedrooms look tiny as does the main washroom.
http://12waltham.bhtours.ca/ sold firm in less than 24 hours on the market with over asking price too.
Amazing..worth every penny. Why would people not buy homes like these versus those little matches box condos downtown ?! bizarre… but I can bet this home was staged!
dreadful property. No comparison. Did they put Persian rugs on the beds ? and that ugly parquet flooring in that little breakfast cove ?
There is no privacy here at all. Over a million for this. Bizarre.
Some odd bulkhead and drywall details throughout. I find them distracting. Still nice job.