National Post: What It Went For: $1.42 Million

National Post: What It Went For: $1.42 Million

National Post

July 8, 2023

By Connie Adair

South Riverdale

1 Marigold Ave.
(Leslie Street and Eastern Avenue)

Asking price: $1.099 million
Sold for: $1.42 million
Taxes: $3,988 (2022)
Bedrooms: 3+1
Bathrooms: 3
Square footage: 1,146
Carport: 1
Parking: 2
Days on the market: 2

Listed for $1.099 million. Sold for $1.42 million in two days with one bully offer. It seems the buyer really wanted this house. “Homes in this pocket have generally been selling quickly and for over asking price,” says listing agent Liora Tal.

Co-listing agent Daniel Bloch says this home “offers all of the ‘must haves’ as well as the ‘would be nice to haves’ such as a main-floor powder room, a renovated open-plan interior and a finished lower level with its own entrance.”

The 1,146-square-foot semi has two main features, Tal says. The first is three bathrooms. The second is a main-floor mudroom and laundry area that separates the lower level from the rest of the home. “It’s an ideal shared space if you intend to use the basement as a secondary suite. And even if you don’t, not having to go downstairs to wash your clothes is a huge perk.” It was a bonus for buyers to find this property, Bloch says, because “homes in this price point often still come with a long list of repairs or renovations.”

Tal says, “We listed it right after the long weekend in order to be the first property to hit buyers’ inboxes on the Tuesday morning. Our first showing was scheduled within an hour of it going to MLS.”

More than two dozen showings were booked and they planned to have an open house on the weekend. However, the home sold firm on the Thursday before, Bloch says. “This is the perfect home for either first-time home-buyers or young families, with ample room to grow and offering income potential on the lower level.”

The 26×45-foot property is “close to and easily connected to the city’s core, yet you get the feeling of living in a small town with friendly neighbours who feel like family,” Tal says. The south-facing fully fenced backyard is ideal for hosting a barbecue or for working on a project under the carport. A landscape architect planned the hardscaping, fencing and plantings, she says. Having two parking spaces, a rare feature in the east end, is another highlight.

Listing Broker: Harvey Kalles Real Estate Ltd. (Daniel Bloch and Liora Tal)