It can be hard to tell what’s going to happen next in Toronto’s real estate market. Not long ago, we were hearing about a slowdown in the market and significant price drops across the GTA. But prices are starting to rise in the GTA for the first time in almost a year, and now, it seems there are a few houses selling for well over the asking price after months of homes regularly selling under asking.
From east to west, here are five beautiful homes that gained competitive selling power recently and sold well over $100,000 asking in Toronto.
A classic family home near the Danforth
This picture-perfect East York home sits along a quiet street mere moments from the Danforth. With a large, covered front porch and beautiful backyard, this home features three bedrooms, two bathrooms, a cozy fireplace in the living room and antique stained-glass windows. Having traded hands only four times throughout the years, it’s clear this home has a magnetic charm for those who choose to live here. Listed for $1.099 million, 215 Queensdale Ave. sold for $1.345 million with Susan Gucci of Royal Lepage Signature Susan Gucci Realty, Brokerage — a $246,000 jump.
A Victorian beauty in Little Portugal
Situated in the heart of Toronto’s Little Portugal, this classic Victorian duplex is close to everything a city-lover desires. Parks, shopping, transit, entertainment — it’s all within walking distance. The living and dining rooms feature elegant mouldings, medallions and trim original to the home and date from the 1880s. Ten-foot-tall ceilings, a whimsical fireplace and a spectacular bay window add character to the handsome front room. Featuring three bedrooms and two bathrooms, 320 Dovercourt Rd. was listed with Alex Brott of Sage Real Estate LTD, Brokerage for $1.299 million and sold for $126,000 over at $1.425 million.
A sun-drenched west-end semi
Moments from Corso Italia and the Junction, this Weston-Pellam Park home feels like a breath of fresh air. This pretty family home was tastefully renovated and includes a modern kitchen with brass finishes and quartz countertops, three bedrooms, four bathrooms and a delightful sunroom. Outside, an arbor walkway leads to a landscaped backyard with lots of privacy, making it a dream come true for green thumbs and those who enjoy outdoor entertaining. Listed at $999,000 with Jordan Rasberry of Core Assets Real Estate Brokerage, 85 Rockwell Ave. sold for $1.15 million — $151,000 over asking.
A turn-key home near Lake Ontario
Nearby the historic Toronto Hunt Club and golf course and the shores of Lake Ontario, the spacious home on 40 Cornell Ave. offers a fully renovated interior featuring three plus one bedrooms and three bathrooms. Beautifully modernized with an open-concept layout, the living room provides a large picture window and a sleek gas fireplace. The upgraded kitchen grants plenty of space and opens onto a large back patio and garden. Priced at $1.39 million, this lovely home sold for $110,000 over at $1.5 million with Tory Brown of Royal LePage Estate Realty, Brokerage.
A Tudor revival in Leaside with curb appeal
Three plus one bedrooms and four baths make up this enviable abode in the heart of Leaside. With gleaming hardwood floors and generously sized windows, every corner of this home feels stylish. The sunny living room, which features sliding barn doors and a stately fireplace, offers pretty views of the tree-lined street and alludes to a classic yet contemporary ambiance. At the back of the home, a luxury kitchen fitted with custom wood cabinetry and a large family room welcome wide-open views of the peaceful backyard. Listed at $2.995 million, 148 Bessborough Dr. sold for $3.381 million with Cailey Heaps of Royal LePage Real Estate Services Heaps Estrin Team, Brokerage, a whopping $386,000 over asking.
