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Real Estate News

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

By Jonathan Forani| Photography by Leading Image
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Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

Address: 32 Benson Avenue
Neighbourhood: Wychwood Agents: Catherine Russell and Peter Russell, Chestnut Park Real Estate Ltd., Brokerage Previously sold for: $541,320, in 2008, prior to renovations

Listed at: $1,098,000 Sold for: $1,406,000

The property

A three-bedroom semi across from the Wychwood Barns.

The history

The sellers bought the home in 2008 for just over half a million and gradually upgraded it over the years. They installed a new kitchen and flooring in 2015 and a custom back deck last year. They raised two kids in the home, but now they’re moving for some extra space.

Here’s the living room:

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Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

The dining area:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

The kitchen has a breakfast bar:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

There’s a little mudroom at the back of the house:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

There are three bedrooms on the second floor:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

Here’s one of them:

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Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

And another:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

And here’s the master bedroom:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

All three bedrooms share this bathroom:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

There’s a rec room in the basement:

Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers

And here’s the backyard, with its new deck:

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Sale of the Week: The $1.4-million Wychwood house that pulled in two bully offers
The fate

The buyers are a young family who were drawn to the location. And it didn’t hurt that the home was well maintained and had a clean inspection report.

The sale

A nearby home on the other side of Wychwood Barns Park was listed for the same price earlier this month. It attracted a handful of offers and sold for $1,360,000. The sellers’ agent expected to get more for the Benson home, and so he decided to allow bully bids to lure the big spenders. Ultimately, there were two preemptive offers. The sellers accepted the higher of them, for $308,000 over asking.

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By the numbers

• $1,406,000 • $4,464 in taxes • 1,821 square feet (including the basement) • 3 days on MLS • 3 bathrooms • 3 bedrooms • 2 parking spaces

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