Advertisement
Real Estate

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past
Listed At
$1,449,000
Sold For
$1,475,000

Address: 101 Beaver Avenue
Neighbourhood: Wallace-Emerson Agents: Ralph Fox and Kori Marin, Sage-Fox Marin Associates Ltd., Brokerage      

The property

A newly built semi with 700 square feet of balcony and rooftop space.

The history

In 2012, a developer bought the two detached homes that were originally on this site and then spent five years attempting different ways of making money on the land, including selling it outright as a raw development parcel. When that didn’t work, the developer built six semis, including this one.

Here’s the main floor living area, at the front of the house:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

This den is also on the main floor:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

The family room is on the second floor:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

And the kitchen is also on the second floor:

Advertisement
Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

Along with the dining area:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

There’s also a large patio up here:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

There are three bedrooms on the third floor. Here’s one of them:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

And another:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

The master bedroom has a small private balcony:

Advertisement
Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

And here’s the master ensuite:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past

The rooftop deck:

Sale of the Week: The $1.5-million Wallace-Emerson semi with a complicated past
The fate

The buyers are a young professional couple transitioning from their downtown condo.

The sale

There were five competitive offers, and the home sold for $26,000 over asking. The same agents also sold 105 Beaver Avenue earlier this month for $1,406,105. Another of the six homes was sold in September for $1,400,000, though it was originally listed at $999,000. Two others have been leased, and the final home is still up for sale.

NEVER MISS A TORONTO LIFE STORY

Sign up for This City, our free newsletter about everything that matters right now in Toronto politics, sports, business, culture, society and more.

By signing up, you agree to our terms of use and privacy policy.
You may unsubscribe at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By the numbers

• $1,475,000 • $6,000 in taxes (estimated) • 3,060 square feet (including the basement) • 5 days on MLS • 5 bathrooms • 4 bedrooms • 2 parking spaces

Advertisement
Advertisement

More Sales of the Week

A Toronto family wanted to ditch the city. So they bought this $2.7m home in Thornbury
Real Estate

A Toronto family wanted to ditch the city. So they bought this $2.7m home in Thornbury