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Third time's the charm for 1950s-era North York bungalow that fetched over-asking price
Third time's the charm for 1950s-era North York bungalow that fetched over-asking price

Globe and Mail

time05-06-2025

  • Business
  • Globe and Mail

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.' Done Deal: Bitter weather conditions partly to blame for slow sale of Calgary home '[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].' Done Deal: Mountain view helps condo owner fetch near-asking price 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.'

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