North Toronto Detached Home Fetches $80,000 Over Asking

By Elli Davis, May 11, 2012

31 FAIRFIELD ROAD, TORONTO

• ASKING PRICE: $895,000
• SELLING PRICE: $975,000
• PREVIOUS SELLING PRICES: $799,100 (2009); $705,300 (2004); $332,500 (1999); $264,700 (1996)
• TAXES: $5,784 (2011)
• DAYS ON THE MARKET: 15
• LISTING AGENT: Elli Davis, Royal LePage Real Estate Services Ltd

The Action:

Amid a mix of semi and detached homes – many with three bedrooms – this detached, two-bedroom house received about three dozen visitors before one paid $80,000 over the list price to buy it.

31 Fairfield Road

What They Got:

A recent homeowner of this roughly 70-year-old house gave it new life by refinishing the maple staircase, installing new hardwood floors in the bedrooms upstairs and remodeling the three bathrooms and an eat-in kitchen.

On the main floor, there is a living room with a wood burning fireplace, an adjacent dining room and a rear family room with double doors to a private stone patio and landscaped garden.

Added bonuses include skylights in the main bathroom and master suite, which also features a Juliet balcony, a guest bedroom in the basement and a private driveway to the side of the 31-by-102-foot lot.

The Agent’s Take:

"There is some redevelopment on the street, so some of the smaller ones are replaced by newer, larger ones," agent Elli Davis said. "But this was an older home redone, so it retained the older charm and was beautifully done inside."

The home’s locale was also in demand. "It’s a quiet street close to Mount Pleasant and Eglinton where there are terrific restaurants and shops," Ms. Davis said. "It’s close to Northern Secondary School, which has a gifted program."

Posted in The Globe and Mail, May 04, 2012.

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