Lockbox Media
363 Mount Pleasant Rd., Toronto
Asking price: $1.35-million (January, 2023)
Selling price: $1.35-million (January, 2023)
Previous selling prices: $1,200,000 (December, 2020); $550,000 (December, 2010)
Taxes: $5,352 (2022)
Days on the market: Two
Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty
The semi-detached house was essentially turnkey.Lockbox Media
The Action
This modest semi-detached house is in a neighbourhood where larger homes frequently sell in the $2.5-million to $5-million range, but sits on the corner of busy Mount Pleasant Road and Moore Avenue. Sensing the house was able to fill a gap in the market at a time when inventory was low, the sellers pushed forward their plans to list it for sale. After some quickly arranged private tours and an open house event, the sellers accepted an offer at their full asking price.
“With ultra low inventory at the beginning of the year, there was nothing to compete against us, so we took advantage of coming on the market, and that’s generally when you can get the highest price,” said agent Andrew Ipekian.
“In central Toronto, a lot of homes are older and need some work, but this was basically turnkey, which was nice, and had an affordable price.”
The kitchen features granite countertops, stainless-steel appliances and double doors to a south-facing deck and yard.Lockbox Media
What they got
This two-bedroom house has been updated a few times over the years but still has some classic elements such as hardwood floors and crown mouldings in the principal rooms. Pot lights and tile flooring have been added in the basement.
The larger of two bathrooms was refitted with marble finishes and the kitchen features granite countertops, stainless-steel appliances and double doors to a south-facing deck and yard.
The two-bedroom house retains classic elements such as hardwood floors.Lockbox Media
The agent’s take
“It’s a great little house in a good location close to so many parks, shops, restaurants and great schools,” Mr. Ipekian said.
“It’s on a busy street, however the home had newer windows, so when you were inside, it was rather quiet.”
The 14-by 120-foot corner lot also allows parking for two cars next to one another. “A lot of the houses on Moore [Avenue] or Mount Pleasant [Road] don’t always have side-by-side parking,” Mr. Ipekian said.
“If you have a working couple who have to leave in the mornings, you don’t have to juggle cars, which is a big selling feature.”
The house is located near many parks, shops and restaurants.Lockbox Media