Skip to main content
done deal
Open this photo in gallery:

Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

971A Logan Ave., Toronto

Asking price: $999,900

Selling price: $1.3-million

Taxes: $4,147 (2018)

Days on the market: Six

Listing agent: Sandra Pate, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

Minor facelift speeds trade of glitzy Hamilton bungalow

Infill home in Ledbury Park sells at a discount

Four bids for aging estate on large Lawrence Park lot

The action

Open this photo in gallery:

The three-bedroom house retains its classic charm with some contemporary touches.Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

This spring, many Riverdale homes sold for much more than their asking prices in short time frames. Agent Sandra Pate wanted the same to happen for this semi-detached house, so it was listed $100 shy of $1-million when there was little else available in March. Four buyers took the bait and battled more than the asking price to gain ownership.

“Statistically, you have to have a lower price in Riverdale, otherwise you look overpriced,” Ms. Pate said. “If you price it according to what you think it’ll sell for, it’ll just sit, which is a problem.”

What they got

Open this photo in gallery:

The kitchen has new stainless steel appliances.Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

Built circa 1912, this three-bedroom house retains its classic charm with some contemporary touches, starting with traditional brick façade and wide porch.

Just beyond the front door are open living and dining areas with hardwood floors. The rear kitchen is equipped with new stainless steel appliances and access to a rear deck and lower level recreation area.

The basement also has a separate exit to the 16-foot-by 120-foot grounds and parking by the laneway.

The agent’s take

Open this photo in gallery:

The outdoor space includes a deck and yard.Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

“It had pretty much everything you’d want: three bedrooms, a finished basement, a nice sized yard and it was in move-in condition,” Ms. Pate said.

“[Plus] it had good parking for two cars, which is hard to find [in Riverdale].”

However, its proximity to amenities on foot was an even bigger asset. “It’s a super convenient, two-minute walk to everything, but removed enough so when it’s a busy time on the Danforth … you’re not right in the middle of it,” Ms. Pate said.

“The icing on the cake is Jackman School, which a lot of people hope to get into.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe