Sale of the Week: the $1.2-million King West house that proves there are still detached homes in condoland
Sale of the Week: the $1.2-million King West house that proves there are still detached homes in condoland
Address: 122 Niagara Street
Neighbourhood: Niagara
Agent: Amar Tamber and Andrea Davidson, Re/Max Vision Realty Inc., Brokerage
The Property: This home’s loft-like interior seems fitting for a pad located just off King West, as does all the exposed brick. A stone patio area to the side of the property doubles as parking for up to two cars.
The History: The property was originally built as a stable around the turn of the century, but it had been converted into a residence long before the sellers, a young family, purchased it in 2006. At the time, the house was essentially a bungalow, with a partial second storey. Three years later they upgraded the bathrooms and kitchen and added a full second floor. The main level’s stained glass window and exposed brick and beams are all that remain of the home’s original interior.
The Fate: The buyers, a professional couple, are getting into the neighbourhood at a good time: the nearby slaughterhouse, famous for its associated odours, was decommissioned in 2014. According to the agent, developers, including the ones who put in offers on this home and several of its neighbours, are among those hoping to capitalize on the resulting uptick in demand.
The Sale: The sellers bought the property for $362,000 prior to renovating it. Unlike the much larger suburban home they’ll be moving into, 122 Niagara lacks a backyard on its pint-sized lot, which was a turnoff for some suitors. Still, it’s a rare detached home in the middle of condoland. It attracted three offers and sold in 21 days.
By the Numbers:
• $1,236,000
• 1,600 square feet above grade, approximately
• 95 per cent of list price
• 21 days on the market
• 3+1 bedrooms
• 3 bathrooms
• 3 offers
• 2-car parking (or patio)
• 1 new storey
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- The exterior of the house is stucco, and while there isn't much in the way of lawn space, the sellers did, at least, have the grounds professionally landscaped.
- (Image: Caralyn Ing Photography)
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- The cabinets in the foyer aren't built in, but the sellers plan to leave them behind anyway, because they're too big to move.
- (Image: Caralyn Ing Photography)
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- The main level has pine hardwood flooring and exposed brick and beams.
- (Image: Caralyn Ing Photography)
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- The dining area is continuous with the living room.
- (Image: Caralyn Ing Photography)
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- The kitchen has exposed ductwork, which could be a fashion statement, or could be a way of eking out a precious extra foot of room width. (Or both.)
- (Image: Caralyn Ing Photography)
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- Here's a view back through all the main-floor living areas.
- (Image: Caralyn Ing Photography)
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- Most ground-floor bathrooms don't have actual baths in them. This one does, though, because it was the house's main bathroom before the most recent round of renovations.
- (Image: Caralyn Ing Photography)
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- The house was originally 1.5 storeys, but the sellers built an entirely new second floor a few years after buying the property. Now there are three bedrooms up there.
- (Image: Caralyn Ing Photography)
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- Here's one of the bedrooms.
- (Image: Caralyn Ing Photography)
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- Kids love chalkboard walls.
- (Image: Caralyn Ing Photography)
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- Those two bedrooms share this bathroom.
- (Image: Caralyn Ing Photography)
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- And here's the master bedroom. It has a vaulted ceiling and a walk-in closet. The beams aren't original to the house, but they fit with the overall theme.
- (Image: Caralyn Ing Photography)
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- Here's the master bedroom's en suite bathroom.
- (Image: Caralyn Ing Photography)
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- The basement nanny suite was actually lived in by the sellers' nanny.
- (Image: Caralyn Ing Photography)
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- Because the property's outdoor space is limited, the patio is in the side yard.
- (Image: Caralyn Ing Photography)
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![](http://www.facebook.com/sharer.php?u=https://torontolife.com/real-estate/sale-of-the-week-122-niagara-street/&title=Sale of the Week: the $1.2-million King West house that proves there are still detached homes in condoland&picture=https://torontolife.com/wp-content/uploads/2015/07/toronto-sale-of-the-week-122-niagara-street-intro.jpg&description=[caption id="attachment_320370" align="alignnone" width="656"] (Image: Caralyn Ing Photography)[/caption]
Address: 122 Niagara Street
Neighbourhood: Niagara
Agent: Amar Tamber and Andrea Davidson, Re/Max Vision Realty Inc., Brokerage
The Property: This home's loft-like interior seems fitting for a pad located just off King West, as does all the exposed brick. A stone patio area to the side of the property doubles as parking for up to two cars.
The History: The property was originally built as a stable around the turn of the century, but it had been converted into a residence long before the sellers, a young family, purchased it in 2006. At the time, the house was essentially a bungalow, with a partial second storey. Three years later they upgraded the bathrooms and kitchen and added a full second floor. The main level's stained glass window and exposed brick and beams are all that remain of the home's original interior.
The Fate: The buyers, a professional couple, are getting into the neighbourhood at a good time: the nearby slaughterhouse, famous for its associated odours, was decommissioned in 2014. According to the agent, developers, including the ones who put in offers on this home and several of its neighbours, are among those hoping to capitalize on the resulting uptick in demand.
The Sale: The sellers bought the property for $362,000 prior to renovating it. Unlike the much larger suburban home they’ll be moving into, 122 Niagara lacks a backyard on its pint-sized lot, which was a turnoff for some suitors. Still, it's a rare detached home in the middle of condoland. It attracted three offers and sold in 21 days.
By the Numbers:
• $1,236,000
• 1,600 square feet above grade, approximately
• 95 per cent of list price
• 21 days on the market
• 3+1 bedrooms
• 3 bathrooms
• 3 offers
• 2-car parking (or patio)
• 1 new storey
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Re the caption next to pic 3– there is no such thing as “pine hardwood floors”, it’s a straight-up pine floor. Pine is a softwood, not a hardwood. But it is a cool place in a great ‘hood.