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done deal
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The three-bedroom house has a kitchen with access to a west-facing deck.Royal LePage Real Estate Services Oxley Real Estate

88 Prust Ave., Toronto

Asking price: $1.4-million (March, 2026)

Selling price: $1.37-million (March, 2026)

Previous selling price: $545,000 (October, 2009)

Taxes: $6,440 (2025)

Days on the market: Four

Listing agent: Gillian Oxley, Royal LePage Real Estate Services Oxley Real Estate

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The home includes a wood-burning fireplace.Royal LePage Real Estate Services Oxley Real Estate

The action

This three-bedroom house a few blocks north of Greenwood Park is in an area where properties are often drastically underpriced to attract multiple offers on a predetermined date. The owner was uncomfortable with that strategy and anxious that it would result in a crop of unsatisfying offers while scaring off other buyers altogether. Instead, they determined to list the home at what they saw as its fair value, without any deadlines for would-be buyers to tender a bid.

“In this area and price point, we’re seeing way more hold-offs on offers,” said agent Gillian Oxley.

“Clients have different risk tolerances,” she said. “This client felt if we priced it at $999,000, what would happen if nobody came?”

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It’s hard to find a detached house in Riverdale at a similar price point, said agent Gillian Oxley.Royal LePage Real Estate Services Oxley Real Estate

As it turned out, one of the property’s first visitors requested to buy it right away, and negotiated the terms as other buyers were passing through the open house. In the end, a deal was settled at $30,000 shy of the asking price.

“It’s a big, detached house in a prime location, and the buyers came to the table with a really good offer,” Ms. Oxley said.

“In this market, you deal with the bird in the hand.”

What they got

The 2½-storey house has a living room with a wood-burning fireplace, a dining area and a kitchen with access to a west-facing deck.

There are three bedrooms and two bathrooms. The principal bedroom has cathedral ceilings and sliding doors to a rear deck.

The basement has an additional bedroom, kitchen and recreation area, plus a separate entrance to the 20- by 119-foot grounds.

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Royal LePage Real Estate Services Oxley Real Estate

The agent’s take

“It had no parking, but it’s really hard in this price point to find a detached house in Riverdale,” said Ms. Oxley.

“It’s a great entry-level home.”

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