Skip to main content
done deal
Open this photo in gallery:

Keller Williams Referred Urban Realty

248 Joicey Blvd., Toronto

Asking price: $2,148,000 (May, 2022)

Selling price: $2,089,000 (May, 2022)

Taxes: $6,214 (2021)

Days on the market: Nine

Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty

The action

Open this photo in gallery:

This roughly 50-year-old house has an updated, two-bedroom design and a built-in garage converted into a four-season space.Keller Williams Referred Urban Realty

There were two offers for this 1½-storey house. The first offer was accepted but came with conditions and a stumble with financing soured the bid. A second offer slightly under the asking price was then considered and accepted.

“We had sold it initially only after a couple days on the market, but they couldn’t get their financing in time,” agent Andrew Ipekian said.

“When I sensed they were looking for an extension and needed more time, that’s when I called someone else who had seen the property and said they could buy it.”

What they got

Open this photo in gallery:

The living room has a fireplace and the central dining area opens to a kitchen with marble flooring, pot lights and stainless steel appliances.Keller Williams Referred Urban Realty

This roughly 50-year-old house has an updated, two-bedroom design and a built-in garage converted into a four-season space.

The living room has a fireplace and the central dining area opens to a kitchen with marble flooring, pot lights and stainless steel appliances.

One bedroom is on the main floor, next to a den with double doors to a deck and interlocking stone patio.

The lower level has a recreation room and one of home’s three bathrooms.

An in-ground saltwater pool is at the back of the 40- by 115-foot lot.

The agent’s take

Open this photo in gallery:

One bedroom is on the main floor, next to a den with double doors to a deck and interlocking stone patio.Keller Williams Referred Urban Realty

“It’s a smaller home, but renovated and still looked nice, so it wasn’t a teardown,” Mr. Ipekian said.

“You want bigger, nicer and brand-new homes all around you because that’s the number one thing that will drive up your property value in the future.”

Open this photo in gallery:

An in-ground saltwater pool is at the back of the 40- by 115-foot lot.Keller Williams Referred Urban Realty

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe