Sold: an East York home designed around a skylit atrium goes for $750,000
Sold: an East York home designed around a skylit atrium goes for $750,000
With all the talk of condo bubbles, over-the-top bidding wars and failed flips, wading into Toronto’s housing market requires equal parts bravery and real estate savvy. To help with the latter, we decided to dish when the properties we profile in our House of the Week, Condo of the Week and Cottage of the Week features are sold. Here, all the details from the latest sale.
• The place: A contemporary two-bedroom house in the Woodbine-Lumsden area of East York, which is becoming increasingly popular with young couples.
• The agent: Jonathan Ferrier, Royal Lepage Real Estate Services Ltd., Brokerage
• Listed price: $749,900
• Sale price: $749,900 (full price)
• Time on the market: 36 days
• The buyers: The home’s modern look and open floor plan struck a chord with several condo-dwellers looking to make the leap to a detached house. However, it still hadn’t sold after a couple of weeks on the market, so the realtors cut the price by $25,000. In the end, there were three serious contenders. Anticipating a possible bidding war, the now-owner—a young professional moving from downtown— went in with an enticingly high offer. The strategy worked: they got the house before anyone else could submit a competing bid.
• The full description: House of the Week: $750,000 for a modern home designed around a shaft of light [October 9, 2013]
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- This modern family home. built in 2010, recently sold for $749,900
- East York House Sold For
- East York House Sold For
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- The front of the house is clad in cedar slabs and steel designed to weather over time
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- The main floor contains the kitchen and dining area, which has a walk-out to the back deck<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- Dining area, main floor<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 244493
- The house is built around a central atrium with a skylight<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- The open-concept living room is on the second floor and faces south<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- Bedroom, second floor<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- One of the three bathrooms<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- The master bedroom is on the third floor and has a walk-through closet to a master ensuite<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- 244498
- The master ensuite has a custom glass shower with a private window, and a separate soaker tub<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- The closet in the master bedroom<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 244500
- The rooftop terrace has panoramic views looking south<br />
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- The finished basement has a small living area and a bathroom/laundry room
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- 624
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- 244502
- Bathroom, basement
- Sold: 251 Lumsden Avenue
- Sold: 251 Lumsden Avenue
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- https://torontolife.com/wp-content/uploads/2013/11/toronto-house-of-the-week-Lumsden-avenue-b005.jpg
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- 624
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- The backyard gets southern exposure and contains a large deck with planter beds
- Sold: 251 Lumsden Avenue
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- 624
- 416
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• Time on the market: 36 days
• The buyers: The home’s modern look and open floor plan struck a chord with several condo-dwellers looking to make the leap to a detached house. However, it still hadn’t sold after a couple of weeks on the market, so the realtors cut the price by $25,000. In the end, there were three serious contenders. Anticipating a possible bidding war, the now-owner—a young professional moving from downtown— went in with an enticingly high offer. The strategy worked: they got the house before anyone else could submit a competing bid.
• The full description: House of the Week: $750,000 for a modern home designed around a shaft of light [October 9, 2013][gallery]){kind=link}