Location sells Lawrence Park detached

By Elli Davis, September 10, 2011

149 Cranbrooke avenue, Toronto

Asking price: $725,000
Selling price: $714,000
Taxes: $4,963 (2010)
Days on the market: 21

The Action

The doors to this three-bedroom house in Lawrence Park were open for 66 potential buyers who scheduled showings in advance.

What They Got

In the past few years, this roughly 70-year-old house was freshened up in several ways, from a new roof and furnace to updated carpeting in the basement and remodeled kitchen with a separate breakfast area and a walkout to a raised, south-facing yard.

149 Cranbrooke Avenue

Left intact were original leaded glass windows in many rooms, a wood-burning fireplace in the living room and gumwood wainscoting in the dining room, as well as hardwood floors on the main and second floors. The lower level features a guest bedroom and a recreation room, plus one of two full bathrooms. There is a legal parking pad out front and a mutual driveway to a garage around the back.

The Agent’s Take

“The best thing was the location, just west of Yonge Street and north of Lawrence,” says agent Elli Davis, who cites the proximity of the subway, shops and esteemed schools like John Wanless. “It’s a great family neighbourhood.”

The condition of the property catered to buyers looking to either rebuild or personalize it. “It was quite livable and nice with three bedrooms and a renovated kitchen,” says Ms. Davis. “And mechanically, it was in good repair.”

Published in Globe and mail, Sept 9, 2011.

Posted in Done Deals, Featured, Toronto Real Estate News | No Comments »