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

Address: 224 Betty Ann Drive

Neighbourhood: Lansing

Agent: Linda Maruta Kronbergs, Sutton Group-Associates Realty Inc., Brokerage

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

The living room has a gas fireplace.

The dining area is next to the living room.

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

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

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

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

The master bedroom has the second floor to itself.

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

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.

Here’s the basement bathroom.

And the view from the rear.