59 Highland Cres., Toronto
Asking price: $2,880,000
Selling price: $2,955,000
Taxes: not available
Lot size: 135 by 504 feet
Days on the market: three
Listing agent: Lena Preje, Re/Max Ultimate Realty Inc.; Co-op agent: Barry Cohen, Re/Max Realtron Realty Inc.
Agent Lena Preje can understand why the elderly owner of this raised bungalow lived there for nearly 40 years: the 135-by-504-foot property is among the largest in the area and it backs onto a ravine filled with mature trees.
"This kind of bungalow on a ravine is very, very rare on the market," says Ms. Preje, noting that neighbours with even less real estate are reluctant to move. "Other [lots]could be 60- or 50-feet [wide]"
The scenic and secluded grounds, which deer often stroll, can be appreciated from outside in the pool and south-facing backyard, or inside several rooms with floor-to-ceiling windows. "The ravine view made this sale," the agent says.
The buyer has begun several renovation projects on-site, such as removing excess growth along the brick façade and landscaping areas around the front yard and driveway, which curves toward the main entrance and splits off to the built-in garage and basement entrance.
New interior finishes are being installed, though the original structure remains untouched as it has a solid three-bedroom plan with three full bathrooms and open living and dining areas.
Other highlights on the main floor include an eat-in kitchen with a walkout, and a master bedroom with a five-piece bathroom and a walk-in closet.
Ceilings rise eight feet above the lower-level bedroom, sauna and recreation room with a wood-burning fireplace.
Special to The Globe and Mail