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90 Kippendavie Ave., Th 4, Toronto
Asking price: $1.295-million (May, 2024)
Selling price: $1.425-million (May, 2024)
Previous selling price: $245,000 (February, 1995); $259,000 (December, 1988)
Taxes: $4,471 (2023)
Days on the market: Two
Listing agents: Paul Maranger and Christian Vermast, Sotheby’s International Realty Canada
The sunken living room features 11-foot ceilings, a wood-burning fireplace and sliding doors to a deck.Supplied
The eat-in kitchen is updated with quartz countertops and stainless steel appliances.Supplied
The action
Since 2020, only three townhouses have exchanged hands in this low-rise condominium complex on a short street bookended by Queen Street East and Woodbine Beach. This three-bedroom unit was the most recent and quickest sale, barely on the market for 48 hours when a $1.425-million offer was delivered. The seller, satisfied with $130,000 more than they requested, scrapped scheduled home tours and accepted the offer.
“The Beach has predominantly semis and detached homes, so there aren’t a lot of condos,” said agent Paul Maranger.
“Very few townhouses ever come up in that development, and the location is surreal, just south of Queen in the prime Beach and a three-minute walk to the boardwalk and lake.”
Within a row of 13 units, this 47-year-old townhouse has a standard two-storey plan.Supplied
What they got
Within a row of 13 units, this 47-year-old townhouse has a standard two-storey plan with a formal dining area and an eat-in kitchen updated with quartz countertops and stainless steel appliances.
The sunken living room features 11-foot ceilings, a wood-burning fireplace and sliding doors to a 20- by 13-foot deck.
An updated bathroom is upstairs, while a smaller one is in the basement.
The unit comes with covered parking. Monthly fees of $1,095 include water and snow removal.
The 20- by 13-foot deck.Supplied
The agent’s take
“The kitchen is like a New York City-size kitchen,” said Mr. Maranger. “It’s not big, but it was beautifully appointed.
“[The seller] put in a breakfast bar and window, so you could sit by the bay window, which is very rare in any condominium.”
The deck was also exceptional. “Buyers usually think townhouses have 10- by 10-foot backyards or decks, but this has a proper backyard, like you’d see in a house,” Mr. Maranger said.
“There are gates at the back of each property that goes to a little pedestrian laneway, so you can take your kayak or bike out the back.”