35 Carmichael Ave., Toronto
Asking price: $1,289,000
Selling price: $1.34-million
Previous selling price: $1.11-million (2015)
Taxes: $4,572 (2017)
Days on the market: Seven
Listing agent: Ira Jelinek, Harvey Kalles Real Estate Ltd.
The action: Many of the houses in the residential area around Wilson Avenue and Avenue Road are still postwar bungalows. This renovated, two-bedroom version had competing offers from very different buyers – a builder and an end-user – shopping for real estate in June.
“There are typically bidding wars in that area, so we priced it low,” agent Ira Jelinek said. “[Plus] there was nothing similar to this [on the market] because we had a really nice house inside.”
What they got: This brick bungalow was built on a 30-by 115-foot corner lot about 70 years ago, so the previous owner gave it a thorough makeover with updated windows and furnace, as well as new hardwood floors and a remodelled kitchen and bathroom.
The master bedroom addition was also outfitted with vaulted, wood-clad ceilings, a second fireplace and sliding doors to a tiered and private yard facing south.
The basement has a side entrance off the driveway, a full bathroom and two recreation areas, including one with a wet bar.
The agent’s take: “It’s a very nice house inside; the sellers spent some money to make it a totally livable, modernized bungalow,” Mr. Jelinek said.
“It’s on a nice corner lot and the location was great close to Avenue Road, which has lots of shopping and things to do.”