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89 Miller St., Toronto
Asking price: $999,000 (Mid May, 2024)
Previous asking price: $899,000 (Early May, 2024)
Selling price: $998,000 (June, 2024)
Previous selling price: $411,000 (October, 2021)
Taxes: $3,058 (2023)
Property days on market: 32
Listing agent: Sonia Avila-Couto, Royal LePage Flower City Realty; Buyers’ agents: Nutan Brown and Anil Khera, Royal LePage Terrequity Realty
The action
The main floor has a formal dining area and a back door to two decks and parking.houssmax.ca
houssmax.ca
Late in May, this 97-year-old house was the first option shown to first-time buyers seeking a three-bedroom house in or near The Junction. It met most of their needs, but they wanted to see properties that needed less in the way of renovation. Disheartened by the price disparity of homes in better condition, they returned to this semi-detached house and paid $1,000 less than the asking price of $999,000.
“Even if it’s the perfect home, it’s hard for people to buy the first house since they had no basis for comparison,” said the buyers’ agent Nutan Brown.
“Many of the [houses they saw] that were beautifully renovated ended up attracting multiple offers and got out of our reach.
“This home had been lingering, but it also offered them the opportunity to do their own improvements and renovations.”
What they got
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Within walking distance of stores on Dundas Street, St. Clair Avenue and Dupont Street, this two-storey house has three bedrooms, two full bathrooms, and a second kitchen in the basement.
The main floor has a formal dining area and a back door to two decks and parking on the 14- by 104-foot lot.
The agent’s take
houssmax.ca
“It’s not current in its finishes, but it’s a solid house,” Ms. Brown said.
“It’s a nice community. We met a neighbour and got a really warm reception.”