Sale of the Week: The east-end property that proves it’s still possible to find a house for under $500,000

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Published on: July 11, 2016

Address: 89 Coleman Avenue

Agent: Mike Clarke, Keller Williams Advantage Realty, Brokerage

The property: A two-storey row house with lots of recent touch-ups.

The history: The sellers lived here for three years with their children, but recently decided to move into a larger home nearby. Over the past few years they added new wiring, roofing, flooring and landscaping. They also updated the bathroom.

The fate: The buyers are a married couple who were looking for a solid starter home. They found one, for not much more than the price of a medium-sized condo.

The sale: The sellers had already moved, so a quick closing was important to them. The property sold on its offer date, after just 5 days on the MLS. There were five offers.

By the numbers:

  • $515,000
  • $2233.24 in taxes (2015)
  • 1012 square feet
  • 2 bedrooms
  • 1 bathroom

The house has large foyer that doubles as a sunroom:

toronto-house-sold-89-coleman-avenue-2

The living room is at the front of the house:

toronto-house-sold-89-coleman-avenue-3

Here’s the dining room. If the buyers want a more modern flow, they might be able to knock down the wall that separates this space from the kitchen:

toronto-house-sold-89-coleman-avenue-4

And the kitchen itself could probably use a bit of an update:

toronto-house-sold-89-coleman-avenue-5

There are two bedrooms on the second floor. This one is on the small side, but it gets the job done:

toronto-house-sold-89-coleman-avenue-6

And here’s the master bedroom:

toronto-house-sold-89-coleman-avenue-7

This is the only bathroom in the house. The sellers did a little modernization in here before putting the place on the market:

toronto-house-sold-89-coleman-avenue-8

The basement bedroom seems like the perfect place for a teenager. Just think of all the contraband they could hide up in that drop ceiling:

toronto-house-sold-89-coleman-avenue-9

The backyard has a covered porch, painted a cheerful shade of blue:

toronto-house-sold-89-coleman-avenue-10

The Hunt

More Sales of the Week

Article source: http://torontolife.com/real-estate/houses/toronto-house-sold-89-coleman-avenue/

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