Sale of the Week: The $2.3-million King West house that shows the advantages of building from scratch
Address: 707 Richmond Street West
Neighbourhood: Niagara
Agent: Kelly Driscoll and Leeanne Weld, Royal LePage, Johnston and Daniel Division, Brokerage
The property: This spacious detached home is a rarity in a downtown neighbourhood filled with semis and condos. Inside, it has a dining room with a 15-foot ceiling, as well as a contemporary, walnut-lined kitchen. There’s also a rooftop deck.
The history: The seller built the property from the ground up in 2012. She bought the vacant lot and designed the home as an investment property, before falling in love with it and moving her family there from Rosedale in 2013. With one child at university and another on the way, she’s now looking to move uptown.
The fate: The buyer is a Cabbagetown woman looking to move closer to the Queen West scene. She liked the interior design so much she bought the custom dining room furniture to keep the original look intact.
The sale: The seller, who recently started a career as a realtor, marketed the property herself with the help of another agent. An open house attracted a number of potential buyers interested in the house for its interiors and its convenient location. In the end, though, there was only one offer, for $20,000 over asking.
By the numbers:
- $2,348,000
- $6,717.34 in property taxes (2015)
- 3000 square feet (including the lower level)
- 24-by-91-foot lot
- 9 days on the market
- 4 bedrooms
- 4 bathrooms
- 2 parking spaces
- 1 rooftop deck
The kitchen has Caeserstone countertops and marble backsplashes.
Fancy new appliances, naturally.
The dining area has 15-foot ceilings and engineered oak floors.
The family room is up on a mezzanine on the second floor.
Let us take a moment to contemplate this steampunk exercise bike.
Here’s the family room.
There are three bedrooms on the third floor. Here’s one.
This bedroom is being used as an office.
This is one of two third-floor hallway bathrooms.
And the third floor has its own balcony.
The master bedroom is on the fourth floor.
The master ensuite has heated limestone floors.
The master bedroom also has this private balcony.
And here’s the basement rec room.
