Sale of the Week: the $852,000 Roncesvalles home that shows the sales power of a hot block
Address: 308 Garden Avenue
Neighbourhood: Roncesvalles
Agent: Loic Danis , Sutton Group Old Mill Realty Inc., Brokerage
The Property: This recently renovated Roncesvalles semi takes up the entire width of its exceptionally large 20.25-foot frontage. The rare, one-car parking pad up front was a particular draw for many visitors, as was the home’s proximity to High Park and the waterfront.
The History: The previous owners were a young couple, one a teacher and the other an IT worker, with three young children. They bought the house back in 2005. Despite the neighbourhood’s amenities (including great schools and restaurants on Roncesvalles Avenue), they decided to depart for a detached home with more space for their growing family. Between 2010 and 2013, they repainted 308 Garden, installed pot lights throughout and added a solarium off the living room to create more space, among other upgrades.
The Fate: This house is one of many in the area to have changed hands a few times recently. Older families who hung onto homes in the primarily Polish area are now selling off, and Roncesvalles is seeing young families of all nationalities moving in. The neighbourhood’s built form isn’t changing that much, though. New condo construction is limited mostly to Bloor Street.
The Sale: The semi was listed at $859,900, which is what similar homes were selling for on the block. That’s why it came as such a surprise when the initial reception from potential buyers was lukewarm. Once a handful of homes listed in the same price range down Garden Avenue sold for approximately $100,000 over asking, though, interest picked up. After 23 days on the market, 308 Garden closed for $852,500 after receiving a single bid.
By the Numbers:
• $852,500
• $4,295 in taxes (2013)
• 99 per cent of list price
• 23 days on the market
• 20-foot-wide lot
• 4+1 bedrooms
• 2 bathrooms
• 1-car parking pad
• 1 offer
283835 The house has front-yard parking, a rarity in Toronto Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-1-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-1.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-1.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-1/ toronto-sale-of-the-week-308-garden-avenue-1 0 0
283836 Here's the foyer, with a French door Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-2-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-2.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-2.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-2/ toronto-sale-of-the-week-308-garden-avenue-2 0 0
283837 The living room has a little faux fireplace Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-3-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-3.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-3.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-3/ toronto-sale-of-the-week-308-garden-avenue-3 0 0
283838 And the living room also has this little solarium, which would probably look cozier if the furniture had upholstery Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-4-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-4.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-4.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-4/ toronto-sale-of-the-week-308-garden-avenue-4 0 0
283839 Here's the dining area Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-5-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-5.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-5.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-5/ toronto-sale-of-the-week-308-garden-avenue-5 0 0
283840 The kitchen Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-6-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-6.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-6.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-6/ toronto-sale-of-the-week-308-garden-avenue-6 0 0
283841 And here's how the whole main floor flows together toronto-sale-of-the-week-308-garden-avenue-7 Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-7-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-7.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-7.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-7/ toronto-sale-of-the-week-308-garden-avenue-7 0 0
283842 There are four bedrooms on the second floor of the house. Here's one of them Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-8-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-8.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-8.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-8/ toronto-sale-of-the-week-308-garden-avenue-8 0 0
283843 That bedroom also has this attached solarium, which could be used as an office Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-9-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-9.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-9.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-9/ toronto-sale-of-the-week-308-garden-avenue-9 0 0
283844 Another bedroom, awesome bunk-bed fort not included Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-10-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-10.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-10.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-10/ toronto-sale-of-the-week-308-garden-avenue-10 0 0
283845 Another bedroom Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-11-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-11.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-11.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-11/ toronto-sale-of-the-week-308-garden-avenue-11 0 0
283846 All the second-floor bedrooms share this washroom Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-12-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-12.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-12.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-12/ toronto-sale-of-the-week-308-garden-avenue-12 0 0
283847 And here's the master bedroom Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-13-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-13.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-13.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-13/ toronto-sale-of-the-week-308-garden-avenue-13 0 0
283848 Welcome to the basement, where there's a rec room and a little bit of storage space Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-14-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-14.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-14.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-14/ toronto-sale-of-the-week-308-garden-avenue-14 0 0
283850 Also in the basement: the house's second washroom Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-15-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-15.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-15.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-15/ toronto-sale-of-the-week-308-garden-avenue-15 0 0
283851 Here's what the house looks like from behind Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-16-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-16.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-16.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-16/ toronto-sale-of-the-week-308-garden-avenue-16 0 0
283852 And here's the backyard Sale of the Week: 308 Garden Avenue Sale of the Week: 308 Garden Avenue https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-17-200x200.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-17.jpg https://torontolife.com/wp-content/uploads/2014/07/toronto-sale-of-the-week-308-garden-avenue-17.jpg 1000 667 [] https://torontolife.com/real-estate/sale-of-the-week-308-garden-avenue/slide/toronto-sale-of-the-week-308-garden-avenue-17/ toronto-sale-of-the-week-308-garden-avenue-17 0 0
Finally the market and buyers are coming to their senses!!! But still, if you drive 20 minutes away, you can get twice the lot, detached, 6 times the parking, and pay less taxes…
20 min away would mean you aren’t in Roncesvalles anymore. The point for these buyers is that they want to be there. Prices of homes in Roncy has gone up so much.
There are still homes in this neighbourhood that are below the renovated prices. I will be listing one shortly that is not renovated and very affordable for Roncy.
Search For Your Home Online, Anytime: http://www.ChooseRemax.ca