Sale of the Week: the $1.3-million Moore Park home that shows the allure of a thoughtful renovation

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Published on: October 5, 2015

Address: 83 Moore Avenue

Neighbourhood: Moore Park

Agent: Jimmy Molloy, Chestnut Park Real Estate Limited, Brokerage

The property: This home sits on a deep lot in one of Toronto’s family-friendliest neighbourhoods. The renovated interior is open concept, and there’s a large back garden.

The history: The previous owners, an interior designer and her partner, transformed the property seven years ago. In the process, the home went from four bedrooms to two and gained a spa-like master bathroom.

The fate: The new owners are buying into a tree-lined neighbourhood surrounded by great schools and walking distance from St. Clair Avenue. And if they’re in need of a few extra bedrooms, the house can be converted back to its original four-bedroom layout.

The sale: The agent strategically set the asking price slightly below market value, since many Moore Park buyers have families and consider fewer than three or four bedrooms a drawback. There were two offers on the home after six days on the market, and the sellers were quick to accept one at $10,000 over asking.

By the numbers:

  • $1,305,000
  • $6,930.80 in property taxes (2015)
  • 101 per cent of list price
  • 28 x 120-foot lot
  • 6 days on the market
  • 3 bathrooms
  • 2 bedrooms
  • 2 parking spaces

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The owners completely renovated the interior, taking it from four bedrooms down to two (plus another in the basement).

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The living room has a gas fireplace. The dead cow rug really ties the room together.

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The dining area and kitchen are combined, and both of them have hardwood floors. The doors in the background lead to the backyard.

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The kitchen is updated.

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There are two bedrooms on the second floor. One of them is being used as an office. (Side note: excellent wall hangings, cool desk geode.)

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Here’s the master bedroom, which was clearly two separate bedrooms until recently.

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The vestigial archway is actually okay, though.

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The second-floor bathroom looks like it used to be a bedroom, or a sunroom. Now it’s a spacious home spa, complete with claw-foot tub.

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There’s one more bedroom/rec room in the basement. It has no windows.

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But it does have an en suite bathroom.

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The backyard is all gravel, so no need to mow.

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And there’s even a patio.

Article source: http://torontolife.com/sale_of_the_week/toronto-house-sold-83-moore-avenue/

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