The five-year-old townhouse was initially priced at under $1.3-million.Jagged Lens
56 Perth Ave., Toronto
Asking price: $1,299,000 (October, 2025)
Selling price: $1.51-million (October, 2025)
Previous selling price: $827,880 (February, 2020)
Taxes: $6,251 (2025)
Days on the market: Eight
Listing agents: Carol Lome and Brayden Irwin, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division
The living room includes sliding doors to the terrace.Jagged Lens
The action
This freehold townhouse was priced under $1.3-million, which the seller hoped would attract multiple offers, similar to some of the other townhouses recently sold in the enclave alongside the West Toronto Railpath. All went as planned, with four bidders all presenting offers above the asking price.
“We priced that with an offer date with the expectation it would get fairly good activity, and we’d likely have more than one interested party,” said agent Brayden Irwin.
“We had looked at some past listings in the complex, and it seemed like the ones that were listed with that strategy tended to have good results.”
The $1.51-million payout for this five-year-old townhouse also suggests strong buyers demand for turnkey spaces.
“It’s beautiful and modern with all the features young professionals would dream of, like high ceilings, a modern aesthetic, and a high-end kitchen,” said Mr. Irwin.
“Our sellers also hired an interior design firm and spent quite a bit of money to make the space their own rather than the standard builder finishes.”
The three-storey home has 1,308 square feet of living space.Jagged Lens
What they got
This three-storey townhouse has 1,308 square feet of living space, a street-level entrance and a rear garage accessed through a recreation area in the basement.
The main floor has a kitchen between a dining area and a living room with sliding doors to a terrace.
A rooftop balcony is accessed from the largest of three bedrooms. The bedroom also has a walk-in closet and a five-piece bathroom. There are two more bathrooms in the house.
Tied land fees are $199 each month.
The sellers hired an interior design firm to help make the home shine.Jagged Lens
The agent’s take
“It’s a great location, and you can get in and out of the city really easily,” Mr. Irwin said.
“It’s a short walk to the UP Express.”