05-06-2025
Third time's the charm for 1950s-era North York bungalow that fetched over-asking price
142 Haddington Ave., Toronto
Asking price: $1,495,000 (February, 2025)
Selling price: $1,750,000 (March, 2025)
Taxes: $7,288 (2024)
Days on the market: 16
Listing agents: André Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.
The owners of this three-bedroom bungalow were disappointed by two early offers, but the same buyers resurfaced days later, both suggesting a willingness to improve their bids. One formally resubmitted a revised offer, but was rejected once more. A third attempt, coming in at $255,000 over the asking price, was accepted.
'More often than not, we'd cancel a listing and relist it at a higher price,' said agent André Kutyan. 'But because the buyers were still hanging around and actively engaged, we left it the way it was.'
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'[My clients] had a number in mind, and we also believed it was worth more than we were getting on offer day, so we just waited a bit.'
This brick-and-stone-clad bungalow with an attached garage sits on a 42- by 130-foot lot across the street from Bannockburn Public School, just west of Avenue Road.
It was built in the 1950s and has 1,116 square feet of living space, including a kitchen and a dining area on the main floor. Four-piece bathrooms and entertaining areas are on both the main and lower levels.
'We had people potentially looking to living in it and renovating it, and/or tearing it down,' said Mr. Kutyan.
'The average lot depth [in this neighbourhood] is about 110 or 115 feet, and Haddington had good depth at 130 [feet].'
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This property is also close to the Toronto Cricket Skating and Curling Club.
'You're just a block and a half in from Avenue Road, so there's a lot of good stuff in terms of amenities, retail and restaurants within walking distance,' Mr. Kutyan said.
'The highway is several blocks north, so it has good access.'