Massive $905,000 over-asking bid swamps rival bidder for Bedford Park home

733 Woburn Ave., Toronto

Asking worth: $2,695,000 (Might, 2022)

Selling worth: $3.6-million (Might, 2022)

Earlier selling worth: $1,350,000 (June, 2007)

Taxes: $12,947 (2021)

Days within the market: one

Itemizing brokers: Andre Kutyan and Robert Greenberg, Harvey Kalles Precise Property Ltd.

The movement

This four-bedroom residence was open for preview excursions for one full week to fireplace up patrons sooner than its true launch onto the market. As quickly as opened to presents it took solely eight hours to get the first bid – one a whopping $905,000 over the asking worth. A second present did can be found in nevertheless couldn’t shake the first bidder’s commanding lead.

“One” [party] expressed curiosity – that that they had missed out on a home subsequent door a pair months earlier – so it was helpful they’ve been bona fide patrons who’ve been capable of make a switch,” agent Andre Kutyan said.

“One other individual obtained right here to the desk, nevertheless couldn’t get a confirm in time, so it didn’t make any sense to menace what we had in hand.”

What they acquired

This two-storey residence was in-built 2007 with 3,400 sq. toes of residing home and upscale finishings all by.

The precept flooring has 10-foot ceilings, oak and limestone flooring, and has a gasoline fireplace in a single amongst two open entertaining areas. The office, residing and consuming rooms are smaller, formal areas.

The eat-in kitchen was newly revamped with marble and quartz counter tops and stainless-steel residence tools. Double doorways lead out to a south-facing deck, patio and yard on the 40-by 120-foot lot.

The primary mattress room has coffered ceilings, a walk-in closet and a nine-piece ensuite rest room.

The addition, there are 4 additional loos within the residence and a laundry room upstairs. The attached double storage might be accessed by the use of the basement.

The agent’s take

“The location could also be excellent, immediately all through from Woburn Park,” Mr. Kutyan said.

“It was renovated and properly cared for throughout the ultimate 15 years, so it was an excellent home and good value considering quite a few these newer properties, on the time, have been going for $1-million additional.”

Your individual house is your most valuable asset. We now have a weekly Precise Property publication that may help you retain on excessive of tales on the housing market, mortgages, the latest closings and additional. Be a part of right now.