26 Hopedale Ave., Toronto
Asking price: $1,149,000 (May, 2022)
Selling price: $1.1-million (June, 2022)
Previous selling price: $768,000 (September, 2015)
Tax: $4,061 (2021)
Days on the market: Seven
Listing agents: Irene Kaushansky and Philip Brown, Keller Williams Portfolio Realty
Buyer’s agent: Samantha Marasco, Keller Williams Portfolio Realty
After Victoria Day, this three-bedroom house was one of only a few homes available for purchase in an enclave north of O’Connor Drive that hugs the cliffs overlooking the Don Valley ravine. As the market had substantially softened, an offer that trimmed $49,000 off the asking price was accepted.
“Things were starting to change a little bit, so we were hoping it would go that quickly,” said agent Irene Kaushansky.
“It was before the time when more [homes] came on the market, so there wasn’t a huge amount, but certainly more than there would have been at the beginning of the year.”
What they got
This two-storey house still has the wood trim and stained glass windows original to its construction in the 1930s.
Previous owners have modernized the interiors, and it now has a custom staircase with glass railings and updated hardwood flooring in the living and dining areas. The kitchen has an island, a pantry and double doors to a rear deck and patio.
The basement has also been dug out to provide seven-foot ceilings, a second bathroom and a recreation area with a fireplace.
Parking sits off a lane behind the 19- by 115-foot lot.
The agent’s take
“It’s super cute with a great lowered basement, which for East York homes is on the rare side, and it’s very move-in ready,” Ms. Kaushansky said.
“It’s not on a huge lot, but it has a nice yard, and it was enclosed, so it was fairly private.”
Your house is your most valuable asset. We have a weekly Real Estate Newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.