The Sell: A pair of lawyers cash out in North York and move to Mississauga

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Published on: October 15, 2015

The Sell: October 2015

(Image: Erin Leydon)
(Image: Erin Leydon)

The sellers: Mona Kumar, a 39-year-old lawyer at the security company ­Securitas, and Oneal Banerjee, a 42-year-old lawyer at the firm Lofranco Corriero.

The property: A detached home near Bathurst and Wilson with three bedrooms and a basement nanny suite.

The story: Kumar and ­Banerjee bought the house for $815,000 in 2010, upsizing from a three-bedroom semi near Lawrence and Avenue Road. Their daughter Priyanka was just a toddler at the time, but they anticipated they’d eventually need the extra space. They were right. A few years on, they had a second kid (Arya, now two) and had hired a live-in nanny. The couple found themselves itching for extra square ­footage—particularly a large office where they could both work from home on occasion. Last June, they bought a five-­bedroom house in Mississauga for just over $1 million and put the North York property on the market.

The prep: Suzy Goldstein, the couple’s realtor, advised them to send all their kid-friendly furniture to storage and stage the place with stylishly neutral ­furnishings, like snowy white sofas and ­delicate glass coffee tables.

The offer: An hour and a half after listing the house, Banerjee and Kumar received a bully offer of $1.1 ­million, $151,000 over asking. They talked it over for an hour and decided to go for it—with two young kids running around, they couldn’t imagine keeping the white slip­covers clean for much ­longer. The sale closed in August, and the family moved into their new home the same day.

Article source: http://torontolife.com/real-estate/houses/north-york-lawyer-cash-out-the-sell/

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