Done Deal, 328 High Park Ave., Toronto
328 HIGH PARK AVE., TORONTO
ASKING PRICE $848,000
SELLING PRICE $840,000
TAXES $6,325 (2010)
DAYS ON THE MARKET Two
LISTING AGENTS Jill Stewart and Robert LePage, Royal LePage Real Estate Services Ltd.
The Action: This 2½-storey triplex in the Junction was tenanted, so an agents-only open house and a few showings for small groups of individuals were arranged in a short time before it was sold.
What They Got: For over 40 years, the same family maintained this nearly century-old, brick structure, that was originally a duplex, but reconfigured with three apartments, each with a four-piece bathroom, kitchen appliances, front and back entrances, as well as separately metered utilities and laundry facilities in the basement.
The main floor unit has a den, a fireside living room and a dining room with beamed ceilings, plus three bedrooms.
The second and third floors house one-bedroom and two-bedroom suites respectively.
Outdoors, there is a double garage and a right-of-way driveway for parking.
The Agent's Take: "The curb appeal is great, the lot is deep – about 200 feet deep – and each apartment had its own laundry, which is unusual," says agent Robert LePage. "Some of these investment properties can be in terrible disrepair, but that wasn't the case here."
Aside from the property's physical assets, buyers were swayed by the proximity of shops and restaurants to High Park and Bloor subway line. "It's just a few doors away from Dundas in the heart of the up-and-coming Junction area," says Mr. LePage.