Sale of the Week: the $1.3-million reno that proves buying into Parkdale isn’t cheap
Address: 37 Fuller Avenue
Neighbourhood: Parkdale
Agent: Robert Spindler, Re/Max Hallmark Realty Ltd., Brokerage
The Property: This extensively upgraded Parkdale semi has four bedrooms—one more than you’d normally expect from a home that’s only 17 feet wide.
The History: Paula Velez, who has made appearances on HGTV and CBC, led a to-the-studs renovation. Everything is new, from the hickory floors and solid-wood kitchen cabinets to the mechanical systems. Practically all that remains of the original 1890s Victorian is the exposed brick wall by the staircase.
The Fate: Parkdale has shed its gritty image, making it increasingly popular among professionals who can no longer afford High Park or Roncesvalles. The demand has caused entry-level home prices in the neighbourhood to soar over the past few years—a powerful lure for renovators and builders hoping to turn a profit.
The Sale: Because there were so few comparable homes nearby, the sellers found it difficult to set a price. They originally listed 37 Fuller at $1,249,900 and held back offers for a week. This resulted in a handful of verbal bids for less than they wanted, so they re-listed for $1,335,000 to create room for negotiation. The eventual buyers, a family with children, registered an offer two days later. The home sold for $1,295,000, setting an area price record for a semi.
By the Numbers:
• $1,295,000
• 97 per cent list price
• 125 years old
• 11 days on the market
• 4 bedrooms
• 4 bathrooms
• 1 offer
- 317829
- The house is a typical Victorian on the outside, but the interior was completely gutted and redone.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-1.jpg
- 800
- 1200
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- toronto-sale-of-the-week-37-fuller-avenue-1
- 0
- 0
- 317830
- The interior was designed and staged by Paula Velez, who makes frequent appearances on TV design shows.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-2.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-2
- 0
- 0
- 317831
- During the renovation, the house was outfitted with new hickory flooring.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-3.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-3
- 0
- 0
- 317832
- The kitchen has a nine-foot centre island, a backsplash made of Spanish tile, a Jenn-Air fridge and a range hood with built-in warming lamps.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-4.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-4
- 0
- 0
- 317833
- The master bedroom is one of two bedrooms on the second floor of the house.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-5.jpg
- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-5.jpg
- 800
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-5
- 0
- 0
- 317834
- The master bedroom's en suite bathroom has heated floors and a frameless glass shower, for an extra-clean look.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-6.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-6
- 0
- 0
- 317835
- There are two more bedrooms on the third floor.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-7.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-7
- 0
- 0
- 317836
- The other third-floor bedroom, with a dormer window.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-8.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-8
- 0
- 0
- 317837
- The house has two decks: one on the rooftop, and this one in the backyard, behind the kitchen. The grass in the background is synthetic, so there's no need to mow. The garage has room for two cars.
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- https://torontolife.com/wp-content/uploads/2015/06/toronto-sale-of-the-week-37-fuller-avenue-9.jpg
- 1200
- 800
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- toronto-sale-of-the-week-37-fuller-avenue-9
- 0
- 0
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Address: 37 Fuller Avenue
Neighbourhood: Parkdale
Agent: Robert Spindler, Re/Max Hallmark Realty Ltd., Brokerage
The Property: This extensively upgraded Parkdale semi has four bedrooms—one more than you'd normally expect from a home that's only 17 feet wide.
The History: Paula Velez, who has made appearances on HGTV and CBC, led a to-the-studs renovation. Everything is new, from the hickory floors and solid-wood kitchen cabinets to the mechanical systems. Practically all that remains of the original 1890s Victorian is the exposed brick wall by the staircase.
The Fate: Parkdale has shed its gritty image, making it increasingly popular among professionals who can no longer afford High Park or Roncesvalles. The demand has caused entry-level home prices in the neighbourhood to soar over the past few years—a powerful lure for renovators and builders hoping to turn a profit.
The Sale: Because there were so few comparable homes nearby, the sellers found it difficult to set a price. They originally listed 37 Fuller at $1,249,900 and held back offers for a week. This resulted in a handful of verbal bids for less than they wanted, so they re-listed for $1,335,000 to create room for negotiation. The eventual buyers, a family with children, registered an offer two days later. The home sold for $1,295,000, setting an area price record for a semi.
By the Numbers:
• $1,295,000
• 97 per cent list price
• 125 years old
• 11 days on the market
• 4 bedrooms
• 4 bathrooms
• 1 offer
[gallery columns="6" ids="317829,317830,317831,317832,317833,317834,317835,317836,317837"]){kind=link}
You can still buy in Moore Park for that price.
No upper cabinets in the kitchen? Better not have too many dishes!
yes, but some people don’t want to live in Moore Park.
I’m of your school of though, for sure.
But I’m just sayin’….
no way
Nothing like having a really expensive home in Parkdale. I would hope they have a good security system…or a dog.
Get with it, its 2015.
Apres vous.