The Toronto real estate market is filled with amazing tear-down opportunities, but what the buyers of this tiny Etobicoke bungalow transformed it into is truly spectacular.
The property, located at 8 Foch Avenue, used to be home to a two-bedroom, one-bathroom bungalow that was severely in need of some TLC. The current owners purchased it in 2017 for $745,000, just under the asking price of $789,000.
Over the past three and a half years, it’s undergone a total transformation. On the property, listed by agent Joel Kitner of The Keitner Group, there now sits a modern and very luxurious four-bedroom, five-bathroom home that just hit the market with an asking price of $2,499,000.
“This beautiful property is a perfect example of what is currently happening with older neighbourhoods around the GTA,” Zoocasa agent Renzo Amorin told Daily Hive. “Many developers are taking advantage of the current seller’s market by buying land and building these beautiful luxury homes around the city.”
The home is located in Etobicoke’s Alderwood neighbourhood, which is an area with plenty of older homes.
That means that this property with its luxury finishes really stands out. Its sparkling kitchen, Italian Porcelain tiles, stunning glass staircase, and in-home theatre are certainly unforgettable features.
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Update: This property sold for 99% of asking.
Editor’s note: This story previously listed the incorrect listing agent, and it has since been updated.