Sale of the Week: the $730,000 Cabbagetown townhouse that shows the affordability of an unusual lot

Categories: Real Estate News
Tags: No Tags
Comments: No Comments
Published on: October 7, 2015

Address: 298B Sackville Street

Neighbourhood: Cabbagetown

Agent: Michael O’Brien, Bosley Real Estate Ltd., Brokerage

The property: This three-storey townhouse is on an unusual lot: it’s accessible only through a three-foot alleyway between two houses that face Sackville Street. As a result, it has a quiet front yard. The kitchen and bathrooms are updated.

The history: The house was built in 2000 by the owner of one of the homes out front. The sellers, who purchased the house in 2012, renovated the kitchen when they moved in and recently closed off the master bedroom to create more privacy. They put the property on the market so they could move to a more bucolic setting.

The fate: The new owners won’t have much renovating to do, and they got what many would consider to be an amazing deal: a single-family home near the downtown core for under $800,000. (Now let’s hope all their furniture fits down that alleyway.)

The sale: The selling agent chose not to hold back offers, because of the home’s irregular lot. After an agents’ open house, the sellers received one offer at asking—$729,000. They accepted immediately.

By the numbers:

  • $729,000
  • $4,482.35 in property taxes (2015)
  •  1,500 square feet, approximately
  •  100 per cent of list price
  •  19 x 155-foot lot
  •  2 bedrooms
  •  2 bathrooms
  •  1 day on the market
  •  0 parking spaces

The house that sold at 298B Sackville Street

The house is accessible only through this three-foot alleyway between two houses that face Sackville Street.

toronto-house-sold-298b-sackville-street-3

The main floor has a bedroom and a bathroom.

toronto-house-sold-298b-sackville-street-4

Here’s the main-floor bedroom. It could also be used as an office.

toronto-house-sold-298b-sackville-street-5

The main-floor bathroom.

toronto-house-sold-298b-sackville-street-6

One of many unusual things about this house: the kitchen is on the second floor.

toronto-house-sold-298b-sackville-street-7

The sellers updated the kitchen in 2012. It has a little breakfast bar.

toronto-house-sold-298b-sackville-street-8

The living room has 12-foot ceilings and a small balcony.

toronto-house-sold-298b-sackville-street-9

Love that artificial turf.

toronto-house-sold-298b-sackville-street-10

The master bedroom, on the third floor, used to be open to the living room, below. The sellers walled the room off to create a little more privacy.

toronto-house-sold-298b-sackville-street-11

The updated master bathroom has plenty of trendy subway tile.

toronto-house-sold-298b-sackville-street-12

Yup, that’s a hot tub.

toronto-house-sold-298b-sackville-street-13

The view from the rear.

(Image: Thea Menagh)

Article source: http://torontolife.com/sale_of_the_week/sale-week-730000-cabbagetown-townhouse-shows-affordability-unusual-lot/

Comments are closed.


July 2017
M T W T F S S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Welcome , today is Sunday, July 23, 2017