Sale of the Week: The $2.17-million Lansing house that shows what a difference two years can make

Address: 281 Poyntz Avenue

Neighbourhood: Lansing

Agent: Ronit Barzilay, Harvey Kalles Real Estate Ltd., Brokerage

The Property: A renovated five-bedroom home with a brand-new master retreat.

The History: In 2014, the sellers put the house on the market with a $1.64 million asking price, later reduced to $1.59 million. They only showed the place to five people (one of which was their neighbour, who wasn’t looking to buy). Discouraged, they took the house off the market. In May, they noticed that sales at Yonge and Sheppard had heated up a bit. Fearing a dip in prices, they decided to try selling once again.

The Fate: The sellers have six children and didn’t want to uproot the family before closing on their new home in Pickering, in June 2017. They sold the house to an investor who’s willing to rent it out to them until then.

The Sale: The house sold in one week, for $382,000 over asking. There were four offers. The sellers accepted the highest one.

By The Numbers:

• $10,110.00 in taxes (2015)
• 5,700 square feet
• 7 days on the market
• 6 bathrooms
• 5 + 2 bedrooms
• 4 parking spaces

The foyer:

The office is lined with built-in bookshelves:

The living area is piano-sized:

Another view of the living area:

The dining room:

The kitchen has a faucet by the stove, so the owner doesn’t have to run to the sink to fill a pot. Pretty fancy:

There are four bedrooms on the second floor. Here’s one of them:

And another bedroom:

And another:

And yet another:

The owners added a third-storey master retreat during a round of renovations in 2003. It has doors to a private deck:

The master retreat has its own private sitting area:

And a tile-lined ensuite bathroom:

There’s a hot tub on the master bedroom’s deck:

Even in a basement media room, black is a bold colour choice:

The basement has its own kitchen and entrance, so it could be rented out as a separate apartment:

The backyard pool house has retractable, garage-like doors:

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