424 Roehampton Ave., Toronto
Asking price: $2,849,000 (April, 2024)
Previous asking price: $2,999,888 (Late October, 2023); $1,999,888 (October, 2023); $2,999,888 (September, 2023) $3,188,000 (August, 2023)*under previous brokerage
Selling price: $2.77-million (April, 2024)
Previous selling price: $1,350,000 (August, 2009)
Taxes: $12,459 (2023)
Days on the market: Two
Listing agents: Andre Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.
The action
Last year, this four-bedroom house near Sherwood Park was listed for three different prices between $1,999,888. and $3,188,000. The lowest figure generated some offers, but none were satisfactory. This year, a new agent promised better results by tweaking the furnishings and setting the price at $2,849,000, which is closer to its current value.
“It was staged before, but it looked lived in, so we had to make it look show ready or perfect,” said agent Andre Kutyan.
“And I had sold a comparable listing to this in late November/early December in the $2.7- to $2.8-million range, so I said, ‘That’s where we need to be in their asking price.’”
The multifaceted makeover, plus improving market conditions, ushered in new visitors and a $2.77-million deal after Easter Monday.
“There wasn’t a lot of inventory and there was some pent-up demand from the first quarter,” Mr. Kutyan said, who also noted the timing was better than the last listing, when mortgage rates had recently risen.
What they got
This two-storey house was custom built in 2009 with 2,764 square feet of living space, plus a finished basement with access into the garage and out to a patio at the back of the 31- by 105-foot lot.
For social gatherings, there are two entertaining areas with gas fireplaces, and an eat-in kitchen with a granite-topped island, limestone flooring and stainless steel appliances.
The second floor offers four bedrooms and three bathrooms.
The agent’s take
“You’ve got a detached home on a street close to a lot of attractions and you’re literally in the heart of the city,” said Mr. Kutyan.
“One great feature is the kitchen and family room have 12-foot ceilings, and it has a two-car garage, which is a big deal.”