Past renovations have created 1,555 square feet of living space.Royal LePage Real Estate Services Ltd.
61 Braeside Rd., Toronto
Asking price: $2.1-million (Nov. 26)
Previous asking price: $2.2-million (Nov. 13)
Selling price: $2.09-million (Nov. 28)
Previous selling prices: $1.82-million (August, 2017); $772,000 (June, 2006); $352,000 (May, 1994)
Taxes: $10,368 (2025)
Property days on market: 15
Listing agent: Belinda Lelli, Royal LePage Real Estate Services Ltd.
The sellers had their home professionally staged and listed for an asking price of $2.2-million.Royal LePage Real Estate Services Ltd.
The action
For the owners of this three-bedroom house near Wanless Park, accepting a workplace relocation meant selling their beloved family home during a market downturn. Nonetheless, they had it professionally staged and listed for sale in November at an asking price of $2.2-million. They had more than 50 guests over 13 days, but no offers.
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“Things weren’t moving,” said agent Belinda Lelli.
“The challenge was there were many other homes in Lawrence Park for sale at the same time for under $2-million.”
Anxious to sell, the owners cut the asking price by $100,000. That shook out a buyer who was drawn to the reputable schools nearby. Negotiations resulted in a $2.09-million sale within two days.
“Pivoting as quickly as we did really helped,” said Ms. Lelli.
The home had more than 50 guests over 13 days, but no offers.Royal LePage Real Estate Services Ltd.
An addition to the home leads out to a rooftop patio.Royal LePage Real Estate Services Ltd.
What they got
Past renovations to the centre-hall home have created 1,555 square feet of living space, with a family room addition. An exit from the addition leads to a south-facing patio. The primary bedroom has its own bathroom and rooftop deck.
There are three more bathrooms, an open-concept kitchen and dining area, and a formal living room with a wood-burning fireplace.
An additional recreation area and bedroom are in the basement.
There is a private driveway on the 26- by 100-foot corner lot.
The home has an open concept kitchen and dining area.Royal LePage Real Estate Services Ltd.
The agent’s take
“The house had tons of natural light because it’s a corner house,” Ms. Lelli said.
“You are literally steps to Wanless Park, which is the nucleus of the area, as it truly embodies a community feel. This community runs many festivities at the park, and it’s extremely family-centric and pet-friendly.”