Sale of the Week: The $850,000 Beaches home that proves a little patience can pay off

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Published on: July 25, 2016

Address: 57 Norway Avenue

Neighbourhood: The Beaches

Agent: Rick DeClute, DeClute Real Estate Inc., Brokerage

The property: A three-bedroom Beaches home surrounded by a huge perennial garden.

The history: The seller lived here for 23 years, and during that time she devoted a huge amount of attention to landscaping. She’s selling the property so she can move into a smaller, more manageable space.

The fate: The buyers were keen on three features in particular: the garden, the private driveway, and the artist’s studio in the garage. They’re moving in with their children and plan to convert the latter into a play space.

The sale: The seller had the house on the market for 9 days at $849,000, but there were no offers. Rather than change the asking price, which can raise eyebrows among buyers, her agent advised her to remove the listing altogether. Before they could re-list the property, a buyers’ agent got in touch. During a round of negotiations, the seller insisted on her full asking price. The buyers accepted the deal on the same day the property went back on the market.

By the numbers:

  • $849,000
  • $3838.39 in taxes (2016)
  • 1600 square feet
  • 3 bedrooms
  • 3 parking spaces
  • 1 bathroom

The flooring on the main level is Brazilian cherry:

toronto-house-sold-57-norway-avenue-2

Here’s the dining room:

toronto-house-sold-57-norway-avenue-3

The kitchen isn’t super fancy:

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There’s a very Beachy rec room:

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This second-floor bedroom is being used as an office:

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And there are two second-floor bedrooms. Here’s one:

toronto-house-sold-57-norway-avenue-7

And another, with some busy wallpaper:

toronto-house-sold-57-norway-avenue-8

One of the main attractions is the meticulously landscaped backyard:

toronto-house-sold-57-norway-avenue-9

It’s quite lush back here. The owner converted the house’s detached garage into an artist’s studio:

toronto-house-sold-57-norway-avenue-10

Article source: http://torontolife.com/real-estate/houses/toronto-house-for-sale-57-norway-avenue/

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