Royal LePage West Realty Group Ltd.
19 Yorkview Dr., Toronto
Asking price: $1,395,000 (September, 2024)
Previous asking price: $1,395,000 (July, 2024)
Selling price: $1,375,000 (October, 2024)
Taxes: $4,417 (2023)
Property days on market: 78
Listing agent: Ed Allan, Royal LePage West Realty Group Ltd.
The bungalow was built with two bedrooms two bedrooms and one was removed to enlarge the living room.Royal LePage West Realty Group Ltd.
The action
This 75-year-old bungalow was stylishly renovated, but it had only one bedroom when most bungalows north of the Queensway near Royal York Road usually have two or three. Despite that disadvantage, it received three offers over the summer, though none were to the liking of the sellers, who had seen properties sold in bidding wars just months prior.
“There were multiple offers in the spring market,” said agent Ed Allan, but “the market has changed substantially.”
Finally, in October, a fourth offer came in, and though it was $20,000 less than their $1.395-million asking price, the sellers accepted.
“My clients were hoping to get more money, but they realized it wasn’t going to happen,” said Mr. Allan.
“A lot of people don’t qualify for financing any more, and the government is very tough on financing,” he said. “It’s not like it used to be.”
The kitchen has been updated with ceramic flooring, marble countertops and maple cabinetry.Royal LePage West Realty Group Ltd.
What they got
This brick bungalow was originally built with two bedrooms, but one was removed to enlarge the living room.
The kitchen has been updated with ceramic flooring, marble countertops and maple cabinetry.
Bamboo hardwood flooring was installed in the recreation area and two rooms in the basement. It also provides a second full bathroom.
The south-facing yard has a shed with loft storage area. A private driveway is at the side of the 41- by 133-foot lot.
The back yard on the property includes a shed with loft storage area.Royal LePage West Realty Group Ltd.
The agent’s take
“The house is in very good shape since the [owners] had done a lot of work,” said Mr. Allan.
“It’s in an incredible neighbourhood, called Norseman Heights. It has great schools and shopping, and it’s close to everything.”
Editor’s note: (Nov. 12, 2024): After this story was published, The Globe was informed that the deal underpinning the story had collapsed.