Sale of the Week: the house that shows what $1 million gets you in Leslieville
Address: 39 Austin Avenue
Neighbourhood: Leslieville
Agent: David Coffey, Bosley Real Estate Ltd., Brokerage
The Property: A detached family home with an open-concept main floor. The master bedroom claims the entire third level, including a rooftop deck.
The History: Renovations on the home began five years ago, when the sellers gave the kitchen a facelift. They eventually finished the basement and upgraded the third-floor loft area.
The Fate: The values of Leslieville homes—particularly detached homes like this one—seem to be increasing in lockstep with the improving fortunes of the nearby commercial strip on Gerrard. As the area grows more walkable, the new owners can expect their home’s value to catch up to those of similarly sized properties just off trendy Queen East to the south.
The Sale: The sellers put the house on the market during the especially competitive period following March Break, resulting in seven offers. They closed the sale after a week.
By the Numbers:
• $1,000,000
• 2,201 square feet, including the basement
• 118 per cent of list price
• 7 offers
• 7 days on the market
• 3 bedrooms
• 2 bathrooms
• 2-car parking
• 1 private deck
312999 The property is in Leslieville, one of the east side's trendiest (and priciest) neighbourhoods. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-1-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-1.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-1.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-1/ toronto-sale-of-the-week-39-austin-avenue-1 0 0
313000 The house was recently renovated, so the entire main floor is open. Here's the living area. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-2-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-2.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-2.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-2/ toronto-sale-of-the-week-39-austin-avenue-2 0 0
313001 And here's a view from the living area into the kitchen. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-3-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-3.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-3.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-3/ toronto-sale-of-the-week-39-austin-avenue-3 0 0
313002 The dining area. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-4-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-4.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-4.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-4/ toronto-sale-of-the-week-39-austin-avenue-4 0 0
313003 The woodwork in here matches the hardwood floors throughout the rest of the house. Even the dishwasher gets a wood facade. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-5-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-5.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-5.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-5/ toronto-sale-of-the-week-39-austin-avenue-5 0 0
313004 There are two bedrooms on the second floor. This one, at the front of the house, gets a bay window. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-6-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-6.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-6.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-6/ toronto-sale-of-the-week-39-austin-avenue-6 0 0
313005 And here's the other second-floor bedroom. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-7-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-7.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-7.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-7/ toronto-sale-of-the-week-39-austin-avenue-7 0 0
313006 The master suite takes up the entire third floor. It has a door to a 175-square-foot rooftop terrace. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-8-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-8.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-8.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-8/ toronto-sale-of-the-week-39-austin-avenue-8 0 0
313007 The master bedroom's en suite bathroom. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-9-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-9.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-9.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-9/ toronto-sale-of-the-week-39-austin-avenue-9 0 0
313008 The basement is finished in the same style as the rest of the house, pot lights, built-in closets and all. There's also an unfinished storage area down here. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-10-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-10.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-10.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-10/ toronto-sale-of-the-week-39-austin-avenue-10 0 0
313009 And here's the backyard. https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-11-150x150.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-11.jpg https://torontolife.com/wp-content/uploads/2015/04/toronto-sale-of-the-week-39-austin-avenue-11.jpg 1200 800 [] https://torontolife.com/real-estate/sale-of-the-week-39-austin-terrace/slide/toronto-sale-of-the-week-39-austin-avenue-11/ toronto-sale-of-the-week-39-austin-avenue-11 0 0
Basements shouldn’t be included when describing square footage. Beauty of a house …$1mil in Leslieville is still crazy though.
It’s a beautiful house. The hardwood floor is really beautiful. I do question the million dollar price.
So it’s around 1500 sq ft and it’s a million bucks? Seems like a sweet deal.
In Vancouver they’d blame it all on the Chinese….
The second you walk into the house you realize why its worth a million. It’s gorgeous beyond belief.
For large detached homes in Leslieville 1 million is becoming the price point.