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
311432 The house looks a little dated on the outside, but the interior is a different story. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-1-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-1.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-1.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-1/ toronto-sale-of-the-week-29-gloucester-street-1 0 0
311433 Here's the living room. If you think we're going to get through this slideshow without meeting the owner of those chew toys, you're mistaken. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-2-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-2.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-2.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-2/ toronto-sale-of-the-week-29-gloucester-street-2 0 0
311434 Here's the dining area. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-3-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-3.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-3.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-3/ toronto-sale-of-the-week-29-gloucester-street-3 0 0
311435 And the nicely updated kitchen, which is continuous with the dining room. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-4-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-4.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-4.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-4/ toronto-sale-of-the-week-29-gloucester-street-4 0 0
311436 The family room is on the second floor of the house. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-5-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-5.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-5.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-5/ toronto-sale-of-the-week-29-gloucester-street-5 0 0
311437 Open ceilings give the house a loft-like feel. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-6-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-6.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-6.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-6/ toronto-sale-of-the-week-29-gloucester-street-6 0 0
311438 There are only two bedrooms. This is one of them, located on the second floor. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-7-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-7.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-7.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-7/ toronto-sale-of-the-week-29-gloucester-street-7 0 0
311439 And here's the third-floor master bedroom, with 'lil Snookums on the bed. The spiral staircase leads to a rooftop terrace. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-8-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-8.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-8.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-8/ toronto-sale-of-the-week-29-gloucester-street-8 0 0
311440 The master bedroom's en suite bathroom. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-9-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-9.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-9.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-9/ toronto-sale-of-the-week-29-gloucester-street-9 0 0
311441 Here's the basement, with another dog cameo. This area could probably be pressed into service as a third bedroom. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-10-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-10.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-10.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-10/ toronto-sale-of-the-week-29-gloucester-street-10 0 0
311442 The basement bathroom. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-11-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-11.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-29-gloucester-street-11.jpg 1200 800 {"copyright":"2014"} https://torontolife.com/real-estate/sale-of-the-week-29-gloucester-street/slide/toronto-sale-of-the-week-29-gloucester-street-11/ toronto-sale-of-the-week-29-gloucester-street-11 0 0
the rooms look small and crowded