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Real Estate

Sale of the Week: The $1.3-million Lansing home that bucks the teardown trend

Sale of the Week: The $1.3-million Lansing home that bucks the teardown trend
(Image: Andrejs Cifersons)
Listed At
$998,000
Sold For
$1,299,000

Neighbourhood: Lansing

The Property: This newly renovated North York sidesplit has marble floors, Caesarstone counters in the kitchen and a dry bar in the basement. Downstairs, there’s a separate entrance for what could be used as a nanny suite.

The History: The sellers inherited this home, built in the early 1950s, from their parents. They renovated it before putting it on the market in a bid to prevent the new owners from simply tearing it down.

The Fate: The new owners are empty nesters who have lived in the neighbourhood in the past. They plan to spend their retirement here.

The Sale: The agent listed the home under market value, then held a whopping 54 showings in a week. There were five offers, and the sellers accepted the highest.

By The Numbers:

  • $1,299,000
  • $4,295.45 in property taxes (2015)
  • 130 per cent of list price
  • 8 days on the market
  • 4 parking spaces
  • 3 bedrooms
  • 3 bathrooms
  • 1 nanny suite
(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The living room has a gas fireplace.

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(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The dining area is next to the living room.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The kitchen has marble flooring. If only there were some kind of europop song that captured the essence of the colour scheme...

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

There are two bedrooms on the first floor. This one has a trapper lodge theme.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The other bedroom has a sliding door to the backyard. It’s currently set up as a den.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The main-floor bathroom is the only one in the house with a tub.

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(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The master bedroom has the second floor to itself.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

The master bedroom’s en suite bathroom doesn’t have a tub. Neat faucet, though.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

There’s a large rec room in the basement. There’s also a bedroom and kitchen down here, plus a separate entrance, meaning this entire floor could be turned into a nanny suite or apartment.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

Here’s the basement bathroom.

(Image: Andrejs Cifersons)
(Image: Andrejs Cifersons)

And the view from the rear.

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