10 SILVERVIEW DR., TORONTO
ASKING PRICE $1,499,000
SELLING PRICE $1,720,000
PREVIOUS SELLING PRICE $610,000 (2007); $294,900 (1996)
TAXES $5,180 (2016)
DAYS ON THE MARKET Eight
LISTING AGENT Bill Thom, Re/Max Realtron Bill Thom Group Realty Inc.
The Action: This raised bungalow in North York backing onto school grounds was listed last fall. Even with competition from the home next door, also listed for sale, it took in 30 visitors – and eventually wound up with three rival offers.
What They Got: This 1960s bungalow was given many upgrades over the past 10 years, such as new roofing, windows and mechanics, as well as an interior door to the double garage and wider sliding patio doors between an updated kitchen and new concrete deck.
More cosmetic work involved new hardwood floors throughout, starting in an open living and dining area with a fireplace, and facelift in all three bathrooms, including one in the largest of three bedrooms. The basement was redone with a new cellar, sleeping quarters and family room with a fireplace and walkout to the 50-by-120-foot lot.
The Agent's Take: "It backs onto a park and that's very good," agent Bill Thom says. "And it has a separate walkout basement, which lends itself for potential income."
The seller also invested in so many upgrades that buyers took notice. "This is a little more done up than most," Mr. Thom states.