Done deals: Coxwell and Danforth

DONE DEALS TORONTO

Coxwell and Danforth

Published in Friday's Globe and Mail on Friday, February 19th, 2010.

159 Hanson Street
159 Hanson Street
  • 159 HANSON STREET, Toronto
  • ASKING PRICE: $379,000
  • SELLING PRICE: $425,000
  • PREVIOUS SELLING PRICE: $187,500 (2001)
  • TAXES: $2,400 (2009)
  • LOT SIZE: 20 by 100 feet
  • DAYS ON THE MARKET: six
  • LISTING AGENT: Julie Kinnear, Royal LePage Real Estate Services Ltd.

This renovated, two-bedroom house generated the most traffic among the properties listed for sale on the real-estate website of Julie Kinnear.

So the agent was not entirely surprised when it fetched a handful of solid offers from young professionals looking to acquire a great deal of living space in an established east-end neighbourhood.

"It was very affordable for being detached and being two-storeys," says Ms. Kinnear. "There are a lot of semis and bungalows around it."

A previous owner created this 1,018-square-foot residence by adding a second floor to the bungalow that was first built there in the 1940s.

In the past few years, the last owner installed new roofing, windows, furnace and water main. The main floor was refinished with engineered hardwood floors and outfitted with a powder room - an element rare in this neighbourhood's homes. In addition, the living room was opened up to the floating staircase and work nook.

"You could move right on in and not have to worry about anything," says Ms. Kinnear. "In Toronto, you can't buy anything under $450,000 that's in good condition, or it's really hard [to do]."

The rear kitchen features pot lights, ceramic backsplashes and a walkout to a stone patio and private, south-facing backyard.

Upstairs, the main bathroom between the bedrooms was updated. The master bedroom faces south and has a wall of closets and new carpeting.

The 509-square-foot basement features above-grade windows in the open office space and the recreation room, which has a rear exit.

Parking is available on the road, though it is easy to walk to essential amenities. "It's a very pretty street in that neighbourhood," says Ms. Kinnear. "You're close to all kinds of good stuff, like good schools, parks and subway."

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