DONE DEALS TORONTO
Lake Shore and Islington
Published in Friday's Globe and Mail on Thursday, February 4th, 2010.
- 53 FIFTH STREET, Toronto
- ASKING PRICE: $419,000
- SELLING PRICE: $428,000
- PREVIOUS SELLING PRICE: $153,000 (1992)
- TAXES: $2,336 (2009)
- LOT SIZE: 29 by 123 feet
- DAYS ON THE MARKET: Seven
- LISTING AGENT: Julie Kinnear, Royal LePage Real Estate Services Ltd.
This renovated 11/2 -storey home probably sold within a week because of its picturesque location and modern look, agent Julie Kinnear says.
First of all, the 1,358-square-foot house is nestled within an up-and-coming waterfront community, just steps from cool shops and cafés along Lake Shore Boulevard and Cliff Lumsden Park on Lake Ontario.
“You're half a block from the lake … [so] you can walk outside and actually see the lake,” Ms. Kinnear says.
As for the brick house – built circa 1920s – it made a strong visual impact with high-end finishes, such as custom cabinetry, Jatoba hardwood floors and pot lights throughout.
“It's a really cute place,” Ms. Kinnear says. “[The sellers] really made the most of what you could without going outside the envelope of it.” For instance, the eat-in kitchen – next to the living room – is pretty memorable, Ms. Kinnear says.
About four years ago, it was outfitted with stainless steel appliances, custom maple cabinets and granite floors, counters and backsplashes. The dining area was decorated with maple wainscoting and French doors to the deck and fenced yard.
Even the semi-en suite bathroom on this level – accessible from one of two bedrooms – displays custom oak cabinetry and granite floors and counters installed in 2001.
The following year, work was done in the bathroom in the second-floor master bedroom, which is a loft-like space with skylights and new broadloom. Plumbing, wiring, heating and cooling systems were also updated, and the windows and roofing replaced. Other assets include a 569-square-foot basement, and a rare legal parking pad out front.