The house, custom-built roughly 50 years ago, sits on a 50-by 123-foot lot.Re/Max Realtron Realty Inc.
17 Lawnview Dr., Toronto
Asking price: $1,788,000 (April, 2026)
Previous asking price: $2,388,000 (March, 2026)
Selling price: $1,555,000 (April, 2026)
Taxes: $13,629 (2025)
Days on the market: 29
Listing and buyers’ agent: Bill Thom, Re/Max Realtron Realty Inc.
The four-bedroom house has 3,000 square feet of living space.Re/Max Realtron Realty Inc.
The action
This four-bedroom house, about two kilometres north of Bayview Village Shopping Centre, was hardly generating interest from buyers during its first week on the market this spring. Agent Bill Thom, whose client was prioritizing a fast sale, quickly dropped its price from $2,388,000 to $1,788,000 and offered public and private tours. Guests at the open house initiated a bidding process and the seller dropped another $233,000 off the price for a $1,555,000 deal.
“After we changed the price, there were quite a few showings,” said Mr. Thom. “The reaction from the market was very positive.
“The buyers got a relatively good price, but the seller got to sell it sooner rather than later. It was a mutual benefit.”
The sale price was also a reflection of the lower value of a more dated home, custom-built roughly 50 years ago, on a 50- by 123-foot lot, near desirable schools, subway line and Highway 401.
“If there was no house on it, the price would have been around the same,” Mr. Thom said.
“It’s on a cul-de-sac, a child-safe street with a dead-end, which is good.”
Re/Max Realtron Realty Inc.
What they got
This two-storey house has had several updates, including a new roof.
There is 3,000 square feet of living space, an enclosed office, a dining area and a living room with vaulted ceilings.
A back deck can be reached from the kitchen and a family room with a fireplace.
There are four bathrooms, and a basement with two bedrooms and a recreation area.
The two-storey house has had several updates, including a new roof.Re/Max Realtron Realty Inc.
The agent’s take
“This house is substantially larger and also more recently built compared to [Second World War bungalows] from the 1950s,” Mr. Thom said.
“The buyers could spend $100,000 to make it look really good.”