Toronto home sells in three days for $785,000 over asking

Sep 21 2021, 4:04 pm

The Toronto real estate market may be cooling off ever so slightly, but that didn’t stop one Bridle Path home from selling for more than three-quarters of a million dollars over the asking price.

The home, located at 132 Highland Crescent, hit the market earlier this month with an asking price of $3,495,000. It sold in just three days for a whopping $4,280,000 — $785,000 over asking.

Chestnut Park Real Estate Limited

toronto home sold over asking

Chestnut Park Real Estate Limited

The three-bedroom, five-bathroom home appears beautifully kept from the outside, and the inside has hints of timeless luxury, including a wood-panelled library and wainscoting throughout.

toronto home sold over asking

Chestnut Park Real Estate Limited

Chestnut Park Real Estate Limited

toronto home sold over asking

Chestnut Park Real Estate Limited

toronto home sold over asking

Chestnut Park Real Estate Limited

Although some of the finishings appear to be a bit dated, the sheer size of this Toronto home would make it attractive to any buyer, so it’s not too surprising that it sold over asking.

Chestnut Park Real Estate Limited

toronto home sold over asking

Chestnut Park Real Estate Limited

It has spacious rooms, a finished basement with a bar and additional bedroom, and a backyard that would make anyone happy to sit outside all day. There’s even a detached garage with additional parking spaces.

Chestnut Park Real Estate Limited

toronto home sold over asking

Chestnut Park Real Estate Limited

According to the listing, the home sits on a 65 ft wide lot and could be a perfect building opportunity for a buyer looking to create their estate. Although it’s not clear what the new owner has in mind for this property, it’s certainly impressive as-is.

Laura HanrahanLaura Hanrahan

+ Real Estate
+ Toronto Homes
+ Urbanized
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