Tag Archives: christie pits
7 houses that sold for $100,000 + over-asking in Toronto this year
The Globe and Mail
It’s been a roller-coaster year in real estate, opening on a residential battlefield that saw sellers clearly with the upper hand. In Toronto, bidding wars for mid-range homes in which as many as a dozen or more eager buyers trumped and re-trumped their offer prices were commonplace. Listing prices in many neighbourhoods were simply a starting point for homes that would eventually sell for hundreds of thousands over asking. But as fall winds blew and the federal government’s new rules tightened financing requirements, sales – and sale prices – dipped across the country. Vancouver, Canada’s second-largest residential real estate market, was hit hardest and sales tumbled by double-digit percentages. These are a few of the stand-out real-estate transactions we’ve covered this year.
Willowdale bungalow, Toronto
Asking price: $759,000
Selling price: $1,180,800
After Globe Real Estate reported that a run-down north Toronto home sold for a whopping $421,800 – or 56% – over asking, the story was picked up by media outlets across the country and the sale became the poster child for an overreaching market. The buyer, a university student originally from China with family money behind her, outbid 17 rivals. Even agent Michael Adelson was taken aback by the frenzied bidding. “We thought the market would take it to its logical level,” he said, “and the market took it to its illogical level.”
Comment: Everyone forgets – as it is mentioned below – that this house was way under priced. Sales were averaging $1 million for similar properties in the area, so the selling price is not that far off. It had a huge lot and would make the basis for a luxury infill, as most of the other older homes do. Everyone forgets to put this one in proper context.
39 Wells Hill Ave., Toronto
Asking price: $950,000
Selling price: $1,375,000
This Casa Loma home was deliberately priced under $1-million to attract offers and a quick sale. The strategy worked, with 15 rival bids delivered in 7 days and the winner coming in at $425,000 over asking.
686 Crawford St., Toronto
Asking price: $899,000
Selling price: $1,162,000
Multiple offers came in for this home just south of Christie Pits park, last renovated in 1983. After 60 private showings and a week on the market, the best offer came in at $263,000 over list. The skylit garage even came with a ping pong table.
80 Pearson Ave. , Toronto
Asking price: $699,000
Selling price: $926,000
When this semi-detached fixer upper sold for $223,000 over asking, agent Lyle Hamilton couldn’t hide his disbelief. “We were all totally shocked,” he said. The home is subdivided into a rabbit warren of five separate apartment units and will require a large outlay to renovate it back into a single family home. Pointing to the home’s best attributes, Mr. Hamilton offered that the modest home, “…has that versatility of use that played very strongly in its favour.”
16 Cornish Rd., Toronto
Asking price: $975,000
Selling price: $1,176,100
Location played the major role in the selling of this home as the buyers were set on owning a property in the exclusive Moore Park enclave west of Mount Pleasant Road. They bid $201,100 over asking to make their wish come true. “It’s a huge lot and a beautiful house,” said agent Cameron Weir.
25 Larkin Ave., Toronto
Asking price: $899,000
Selling price: $1,065,000
There were three offers for this 80-year-old house just a block north of the shops, cafes and restaurants of Bloor West. High-end renovations, a finished basement and some prized outdoor space drew a winning bid that was $166,000 over asking.
11 Linden St., Toronto
Asking price: $995,000
Selling price: $1,290,000
Just south of the massive St. James Town 1970s-era housing development, this 1890s home was set in an enclave of heritage homes that escaped the bulldozers. The charming semi-detached drew 25 private showings within a week of being listed and sold in a bidding war. “Of all the houses I sold this year, it went for the biggest premium,” said agent Michael O’Brien. “In all of my real estate career, I’ve never seen such a frenzy to get a house.”
—————————————————————————————————–
Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
—————————————————————————————————–
Incoming search terms
Bickford Park
Bickford Park is a great neighbourhood if you have been priced out of the best parts of the Annex or Seaton Village. But compared with other, more gritty locations, some big prices have already arrived.
Located just south of Bloor Street near Christie Pits, Bickford Park itself is a small green space hidden behind the Bob Abate Community Centre. The surrounding neighbourhood stretches to College at the south, Ossington to the west and Bathurst in the east.
Bickford Park’s Victorian homes were mainly built between 1880 and 1930. There is a good mix of two and three storey houses as well as semi-detached and detached homes. Bickford Park’s streetscape features pretty front gardens with mature trees. The flow of traffic in front of the houses is generally light as the streets are one way and with garages are off laneways at the rear of the properties.

Bickford Park Real Estate Map
On the side streets that spread out from the park, house hunters can find surprisingly good value for a neighbourhood that is so vibrant and close to downtown. You can hardly get around past all of the SUV-size strollers in the Bickford Park playground, but the off-leash dog area is one of the best around.
The area is well-connected with the subway – but with Harbord, Ossington and College along your neighbourhood borders, you’ll probably walk to your favourite haunts anyway.
Some may feel this area is compromise – it lacks the big houses of the Annex, or the breathing space of High Park. Parking is scarce and when it does exist, it’s often in a back lane. Lots are tight and on a sweltering summer night, the urban density can be oppressive. If a detached house with a driveway is your ideal, you’ll have trouble finding it here – at least for less than $1-million.

Bickford Park Real Estate
Bickford Park is named after Colonel E. Oscar Bickford, a former Toronto businessman and politician. Bickford, a wealthy landowner, owned what is now the Bickford Ravine Park. His widow Emily A. Bickford sold this property to the City of Toronto in 1908, for $44,250.
Almost ninety years after it’s inception, the Bickford Park playground still represents a field of dreams for this quiet west end neighbourhood. The Bickford Park neighbourhood revolves around the Bob Abate Centre and the Bickford Park playground. These local landmarks are the social and recreational hubs of this family-oriented community.
In 1913, the Elizabethan Recreation Centre was built at the north end of Bickford Park. This playground was named after the “Lizzies”, a collection of local sports teams that achieved nationwide fame at all levels of amateur sport, particularly in baseball and basketball. The Centre’s name was changed in 1990 to The Bob Abate Community Recreation Centre in honour of the “Lizzies” popular long-time coach.
—————————————————————————————————–
Contact the Jeffrey Team for more information – 416−388−1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
—————————————————————————————————–
Incoming search terms





















