Realmedia/Supplied
48 Chine Dr., Toronto
Asking price: $1,699,900 (June, 2024)
Selling price: $1,775,000 (June, 2024)
Previous selling price: $735,000 (April, 2015)
Taxes: $5,373 (2023)
Days on the market: Eight
Listing agents: Jenelle Cameron and Lesli Pearson, Re/Max Hallmark Realty Ltd.
Since 2015, the roof and mechanics were replaced, and the kitchen and two full bathrooms were renovated.Realmedia/Supplied
The action
Agent Jenelle Cameron listed this three-bedroom house shortly after another house on the same cul-de-sac near Chine Drive Public School on the Scarborough Bluffs. She hoped visitors from that property, which sold for $1.15-million, might stop by hers, too – and better yet, pay upwards of $1.7-million for a larger space on the ravine.
“The day we went on the market, they took offers, so I thought it would benefit us because the more people you can bring to the neighbourhood the better, even if it is competition,” said Ms. Cameron.
“A lot of people interested in the property knew the neighbourhood and were waiting for a property to come up on that street, and the property itself was so beautiful.”
Their first offer, with some finessing, evolved into $1.775-million deal. “We were going to relist the property the next day for higher, so before we did that, we talked with the buyer’s agent to let them know,” Ms. Cameron said.
“Compared to other stuff I’ve had, you have to reduce, reduce, reduce, and no one’s offering, so I was happy to be able to sell it.”
There is an office and a dining area, plus two entertaining areas with fireplaces.Realmedia/Supplied
What they got
This 1 1/2-storey house with a private driveway is on a 50- by 215-foot lot.
Since 2015, the roof and mechanics were replaced, and the kitchen and two full bathrooms were renovated.
There is an office and a dining area, plus two entertaining areas with fireplaces. The one in the basement also has access to a new wraparound deck and hot tub.
The house has two bedrooms upstairs and one on the main floor.Realmedia/Supplied
The agent’s take
“This was basically an old farmhouse, 100 years old, and was piecemeal with a lot of different components to it, like it has a walkout basement,” Ms. Cameron said.
“It has two bedrooms upstairs and one on the main floor, which is different as well.”
This 1 1/2-storey house with a private driveway is on a 50- by 215-foot lot.Realmedia/Supplied