Sale of the Week: the Junction semi that went for $550,000 over asking

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Published on: June 5, 2017

Address: 423 Indian Grove
Neighbourhood: The Junction
Agent: Kathy Essery and Pavlena Brown, Sage Real Estate Limited, Brokerage

The property

A Victorian semi with a long renovation history.

The history

This semi started out at a teensy 800 square feet. When the sellers purchased it in 2013, it already had two extensions from previous owners: one of the kitchen, and another that added a dining room. When the sellers added a fourth bedroom, some shoddy work from previous renos forced them to tear down the whole second extension and build a new one, adding another 800 square feet. They listed to upgrade to a detached.

Here’s the living room:

And the kitchen:

The dining room opens up to the backyard:

There’s a garage out back:

Here’s the first of three bedrooms on the second floor:

And another:

The second-floor washroom:

There’s a small office on the third floor:

And here’s the master bedroom, with an ensuite washroom:

The fate

The buyers are a young couple upsizing from a condo in Liberty Village. They fell in love with the neighbourhood and its proximity to parks and transit, and think it will be a good place to grow their family.

The sale

There were 103 showings and more than 90 people through the open house, which led to 19 offers. Many were competitive, but the winner was more than $550,000 over asking. According to the agent, it set the record for most expensive semi sold in the West End at the time.

By the numbers

• $1,600,000
• $5,765.21 in taxes (2016)
• 1,900 square feet
• 7 days on MLS
• 4 bedrooms
• 3 bathrooms

Article source: http://torontolife.com/real-estate/houses/toronto-house-sold-423-indian-grove/

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