Home on 50-foot lot gets six offers, sells $520,000 over asking

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470 Brookdale Ave., Toronto

Asking price: $1,495,000 (April, 2026)

Selling price: $2,005,000 (April, 2026)

Taxes: $13,792 (2025)

Days on the market: Eight

Listing agent: Robert Greenberg, Harvey Kalles Real Estate Ltd.

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The action

The marketing materials for this 78-year-old house only provided exterior photographs, keeping potential buyers focused on its prime 50-by-112-foot corner lot, near Lawrence Avenue and Avenue Road. Agent Robert Greenberg expected buyers would likely redesign the interior spaces, or perhaps tear down the existing building and build new.

“In Bedford Park, there aren’t a lot of 50-footers; most of them north of Lawrence are 40-foot or less,” said Mr. Greenberg.

“Really, this property was being sold for land value or for renovation.”

The exceptionally low asking price sparked a lot of interest both online and in person, with nearly 90 people coming through the door. On the day designated to review offers, the sellers sifted through six, with the one judged best passing the $2-million mark.

“People kept upping the ante,” Mr. Greenberg said.

“If I were to price this property close to market value, you wouldn’t be getting this type of activity.”

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What they got

This four-bedroom house has a built-in double garage and 2,594 square feet of living space, plus private outdoor space accessed through the kitchen and one bedroom on the main floor.

There is a dining room and three entertaining areas, including one in the basement. An additional bedroom is also downstairs.

The home has three full bathrooms and a wet bar in a study on the second floor.

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The agent’s take

“This property was very close to Avenue Road,” Mr. Greenberg said, but still preserved a sense of privacy.

“It’s on a dead-end street; it wasn’t a through street.”