Price: $949,900
Neighbourhood: East-York
X-factor: This recently renovated detached bungalow at 9 O’Connor Drive, near Broadview Avenue, has two plus one bedrooms, two bathrooms and an open-concept finished basement.
Located in a prime neighbourhood, it could be turned into a two-story home if needed, according to Desmond Brown, a local real estate agent.
Having recently hit the market, the property is in a “prime East York neighbourhood with a lot of bungalows,” said Brown.
The north-facing facade is marked by a red door, red brick, and beige upper panelling.
The main floor features hardwood flooring throughout the dining and living area and two bedrooms tucked down a short hallway. The primary bedroom has a walkout door connected to the backyard, while the second room can fit two single beds.
A white fireplace sits in the middle of the living room coupled with a sizable front-facing window. The house offers a galley kitchen layout with stainless steel appliances and a glass-tiled backsplash.
To descend to the basement, the house boasts a custom-built wooden vertebrae staircase. The versatile finished basement offers the potential for a third bedroom and has a fireplace in the main space. The basement also has a bathroom with a jetted tub and white-tiled shower.
The fully-fenced backyard features a wooden deck, a hammock and a natural gas line for barbecues. Brown says the East York area is in “a family-oriented, safe neighbourhood.”
As for ideal buyers, listing agent Anushki Bodhinayake says this home “appeals to a wide range of people” from first-time homebuyers or those looking to downsize.
“I’ve had quite a few older people downsizing checking out this home. It’s (also) a great home to upgrade to from a condo.”
According to Bodhinayake, the home also has the potential to add a second storey above the main floor.
Is it listed at its value?
As for its price, Brown says the home is listed for less than bungalows typically go for in similar neighbourhoods.
“Bungalows in this market are selling anywhere between $1.1 to $1.2 million,” he said.
Bodhinayake says the house is listed using an “underpricing strategy.”
“We’re allowing the market to decide what it’s worth. We’ve priced it within range, but we are anticipating it’s going to go over,” she said.
According to the Toronto Regional Real Estate Board’s monthly market watch report, the average price of a detached house in East York was $1,314,923.
#GTAHomeHunt is a series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at [email protected].
