SYDNIA YU, TORONTO SPECIAL TO THE GLOBE AND MAIL
SAGE REAL ESTATE LTD.
150 Claremont St., Toronto
Asking price: $799,000
Selling price: $1,100,000
Taxes: $5,577 (2020)
Days on the market: Six
Listing agent: Sandra Pate, Sage Real Estate Ltd.
The Action
The traditional layout features formal living and dining rooms.
Sensing that July would be prime market timing for this well-worn Trinity Bellwoods house, the owners rushed it to market in roughly original condition, despite competition from already renovated alternatives nearby. The thinking was sound, as seven bidders made their offers, with the winner paying $301,000 over the asking price.
“I asked the [seller] to get it ready ASAP because we had a very busy market and we were not sure how long that was going to last,” agent Sandra Pate said.
“I priced it low intentionally because it needed a lot of work.”
What They Got
The home is dated and in need of updating.
This semi-detached house is a typical example of early 20th-century dwellings, with brick façade and formal living and dining rooms.
The second floor has three bedrooms and one of the house’s two bathrooms.
Both the eat-in kitchen and unfinished basement have separate entrances from the fenced-in back yard. There is also a garage on the 16-foot-by-127-foot lot.
The Agents Take
Despite the building’s age, the property boasts a sizable lot and a highly desirable location.
“It had all old wiring, the roof needed to be redone, the floorings were all different levels, and it had the original 1910 boiler,” Ms. Pate said.
“It’s a big reno project – or maybe a start over – but it has a good-sized lot, a double car garage off a laneway and a terrific location.”
