This Toronto home just sold for $612K over asking (PHOTOS)

Aug 9 2022, 9:32 pm

Home sales may be falling across the Greater Toronto Area, but that doesn’t mean that competition has subsided altogether.

Late last week a house in the city sold for a staggering $612,000 over the listed price after just eight days on the market.

MrLOFT.ca

MrLOFT.ca

Located at 100 Elmwood Avenue, the home was originally listed for $1,688,000 on July 28. It sold on August 5 for $2,300,000.

The last time the property changed hands was in 2003 when it sold for $375,000, or $4,900 under asking. It was on the market twice in 2004 and once in 2005, although a sale failed to materialize, and was leased in 2015 and 2019 for upwards of $6,000 a month.

MrLOFT.ca

MrLOFT.ca

Situated in the city’s Willowdale East neighbourhood, near Yonge Street and Sheppard Avenue East, the two-storey detached home sits on a 50 by 133-foot corner lot.

MrLOFT.ca

MrLOFT.ca

The listing notes that Elmwood Avenue is a “quiet, child friendly street” that’s just steps from the TTC, shops, restaurants, parks, and schools.

MrLOFT.ca

MrLOFT.ca

MrLOFT.ca

Stepping past the marble entryway, the main floor living room features hardwood floors, decorative moulding, and a gas fireplace. The space is combined with a sizable dining room.

MrLOFT.ca

MrLOFT.ca

French doors open onto the eat-in kitchen and adjoining family room. The former has limestone flooring, stainless steel appliances, and two islands, while the latter walks out to a backyard deck. The home office features hardwood wainscoting and built-in shelving.

MrLOFT.ca

MrLOFT.ca

MrLOFT.ca

The home has five bedrooms and four bathrooms. The primary retreat includes a six-piece ensuite, his and hers closets, and a gas fireplace. Two of the other bedrooms feature four piece ensuites, closets, and hardwood floors.

“[A] great dream house awaits,” the listing declares of 100 Elmwood Avenue.

Check out the full listing here, and additional photos here.

GET MORE TORONTO NEWS
Want to stay in the loop with more Daily Hive content and News in your area? Check out all of our Newsletters here.
Buzz Connected Media Inc. #400 – 1008 Homer Street, Vancouver, B.C. V6B 2X1 [email protected] View Rules
Zoe DemarcoZoe Demarco

+ Real Estate
+ Toronto Homes
+ Urbanized
ADVERTISEMENT