Sale of the Week: The $1.9-million Summerhill home that sparked a six-way bidding war

Address: 166 Cottingham Street

Neighbourhood: Summerhill

Agent: Andre Kutyan, Harvey Kalles Real Estate Ltd., Brokerage

The Property: A newly renovated Summerhill semi on a quiet cul de sac.

The History: The sellers bought the property in 2012, then completely rebuilt the upper two storeys and revamped the kitchen with new marble surfaces and cabinets. Now they’re looking for a larger property in the same neighbourhood.

The Fate: The buyer, a corporation looking to rent out the home, was attracted to the property’s location, its open interior, and the swanky backyard, which has new fencing and a built-in barbecue.

The Sale: The agent priced the property under market value in the hopes of attracting multiple bids. After seven days, that’s exactly what happened: a six-way bidding war. The highest offer was conditional on the sellers agreeing to close within three weeks, which was a little too quick for them. They accepted the second-highest offer, which was still nearly $200,000 over asking.

By The Numbers:

• $1,895,000
• $10,549.69 in property taxes (2015)
• 26.24-by-102.42-foot lot
• 7 days on the market
• 6 offers
• 4 bedrooms
• 3 bathrooms
• 2 parking spaces

The view from the foyer.

The living room has a gas fireplace with a Caeserstone surround.

The kitchen and dining area are combined.

The kitchen has a steam convection oven and a trash compactor. All the surfaces are new, including the marble backsplash behind the stove.

The window-lined family room is next to the kitchen (hence the microwave).

A view back through the first floor.

There are three bedrooms on the second floor. This one has a door to a balcony.

This bedroom, with its giant front-facing window, is being used as a home office.

And here’s the other bedroom.

The main bathroom has ceramic tile wainscotting.

The master bedroom has the third floor to itself. That window looks a little like a pair of French doors, but it’s not—it’s just a window.

The master bedroom has its own little exercise nook.

And a big walk-in closet, naturally.

The master ensuite has porcelain tile flooring. The skylight is fitted with an automated blind, in case anyone is worried about getting sunburned in the soaker tub.

The backyard has a built-in barbecue and speakers. Also of note: the eavestroughs are heated.

More Sale of the Week

Real Estate

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

The Skillens were tired of commuting from Leaside to their cottage in the Blue Mountains. So they decided to uproot their lives and move full time to cottage country

Real Estate

A family bought this $1.25m Blue Mountain ski chalet pre-pandemic. They just decided to move there full time

As lockdown continued, the Carters wondered whether it might be better to leave the city altogether

Real Estate

A Toronto couple wanted a country escape. They found this $950,000 Muskoka cottage

A modern two-bed, two-bath getaway perched atop a 60-foot cliff overlooking the Muskoka River

Real Estate

A family wanted to move full-time to cottage country. They found this $745,000 Lake Muskoka cottage

Jeff and Stephanie wanted to raise their four daughters lakeside. So they uprooted their life in Hamilton and moved to Lake Muskoka

Real Estate

In 2018, two sisters bought this Haliburton cottage for $425,000. They just sold it for $930,000

Amanda and Carrie wanted a cottage they could fix up, then use part-time as a rental property. But their plans changed after the pandemic heated up the cottage real estate market