3 Nineteenth St., Toronto
Asking price: $999,000 (August, 2024)
Selling price: $1.1-million (August, 2024)
Previous selling price: $1,125,000 (November, 2021)
Taxes: $3,785 (2024)
Days on the market: Seven
Listing agent: Scott Hanton, Hanton Real Estate Inc.
The action
Agent Scott Hanton worried buyers might react poorly to this 50-year-old house based on its location next to a TTC bus loop and a parking lot for a medical centre on Lake Shore Boulevard. But the topic was barely raised by roughly 75 visitors, and didn’t stop four of them from submitting offers to purchase.
“Surprisingly, none of those things factored into anybody’s decision making, because overall, it’s such a great area with all the commercial and dining around the corner,” said Mr. Hanton. “And it’s across the street from a huge park with bike trails on the lake.
“Other homes that were available were either two- or three-bedroom [models], or were new builds that were much more expensive.
“Not only did we have four bedrooms and were detached, but we were also in that sweet spot for buyers, which was $999,000.”
Though some buyers expected less competition in the summer, one pit in $1.1-million.
“A lot of properties were listed around where the owner would be happy with,” said Mr. Hanton.
“We thought about that strategy, but I’m pretty sure if we had listed it for $1.1-million, we wouldn’t have gotten $1.1-million.”
What they got
This two-storey house has a classic brick façade, an attached garage and a new roof.
Inside, there are separate cooking and dining areas, and a living room with sliding doors to the 25- by 114-foot grounds.
Additional recreation areas are in the basement and one bathroom is on each level above.
The agent’s take
“People that came through the house could not believe how exceptionally well maintained everything was,” said Mr. Hanton.
“Even in the bathroom, which is a 1970s bathroom, the tiling on the floor was like brand new. It looks so good, it’s almost in style again.”