Sale of the Week: the Trinity Bellwoods home that proves $1 million doesn’t buy as much as it used to
Address: 194 Euclid Avenue
Neighbourhood: Trinity Bellwoods
Agent: Diti Coutinho, Sutton Group-Associates Realty Inc., Brokerage
The Property: This detached, single-storey home is five minutes east of Trinity Bellwoods Park. It has approximately 1,700 square feet of hardwood floors, as well as a finished basement suite with its own kitchen and entry.
The History: The home was originally intended to have two storeys when it was rebuilt by a previous owner in the ’70s. The most recent sellers, a retired Portuguese couple, upgraded the mechanical systems about 10 years ago.
The Fate: The place still has its two-storey foundation, making a second-storey addition a possibility. The buyers, a family, have no immediate plans to renovate.
The Sale: 194 Euclid’s ample living space was a draw, but its seven-figure selling price is probably attributable to the fact that it’s detached. Despite its less-than-stylish looks and lack of a second floor, the house drew eight offers after one week on the market. For context, a new, three-storey semi in the area recently sold for $1.18 million, while an end-unit townhouse closer to the park closed for $970,000, even though it was listed for $50,000 more than this place was.
By the Numbers:
• $1,080,000 • 1,700 square feet, approximately • 127 per cent of list price • 7 days on the market • 2+1 bedrooms • 2 washrooms • 8 offers • 2-car detached garage • 1 basement suite
