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Real Estate News

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

By Jonathan Forani| Photography by Metroviews
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Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days
Listed At
$889,000
Sold For
$1,120,000

Address: 72 Northumberland Street
Neighbourhood: Wallace-Emerson Agent: Kate Watson, Bosley Real Estate Ltd., Brokerage Previously sold for: $365,000, in 2008, prior to a renovation

   

The property

A three-bedroom Victorian row house near Ossington subway station.

The history

The sellers are arts and entertainment entrepreneurs who bought the place more than 10 years ago and slowly renovated it. They’re now moving to Montreal.

Here’s the living room:

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Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

The dining room:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

The kitchen has lots of subway tile:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

There are three bedrooms. Here’s one of them:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

This one is set up as an office:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

And here’s the master bedroom:

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Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

The basement has some built-in seating:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days

And here’s the backyard:

Sale of the Week: The $1.1-million Wallace-Emerson row house that sold in two days
The fate

The buyers are filmmakers and first-time homeowners who are expecting their first child. They made a preemptive offer accompanied by a letter in which they professed their love for the house and the neighbourhood.

The sale

The sellers’ agent listed the home for well under market value to attract interest. After just two days, the sellers accepted the buyers’ offer for $231,000 over asking.

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By the numbers

• $1,120,000 • $3,540 in taxes • 1,922 square feet (including the basement) • 3 bedrooms • 2 days on MLS • 2 bathrooms • 0 parking spaces

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