When houses are more often than not selling for under asking, it’s always a bit of a shock to see a house sell for over asking.
And 5 Sixth St. didn’t just sell for a bit over asking; it sold for an impressive 25 per cent above the list price.
The three-bedroom, two-bathroom home in Etobicoke was originally listed for $799,000 and sold for $1,000,000 in under a week – just five days to be precise.
When you look at the pictures of the house it’s easy to see why it was snapped up so quickly.
The semi-detached house was, first and foremost, very well staged.
The realtors did a great job of turning a somewhat dated home into something that looked cool.
Even the 80s kitchen with the melamine counters and those cabinets that seem to be in every run-down Toronto rental unit look kinda good.
The main floor of the house is open concept with plenty of natural light.
The principal rooms are spacious and the original details, like the hardwood floors and fireplace in the living room, add plenty of character.
Upstairs, there are three generously-sized bedrooms.
The bathroom upstairs is dated for sure, but honestly, it’s not the worst since it has pretty basic white tile that never really goes out of style.
But weirdly, the best part of this house is the basement.
The former owners did a great job creating a modern space with plywood walls and heated polished concrete floors.
It looks like one of those cool industrial spaces you see in those modern design magazines.
Downstairs, there’s also a sleek three-piece bathroom, modern kitchen, and private side entrance.
The space is perfect for a guest suite, or even a potential rental unit for added income.
The house also has some great outdoor space. With a 123-foot deep lot, there’s a huge backyard with plenty of lawn space and a really cute shed at the end.
Not to mention, 5 Sixth St. is just minutes away from the shore of Lake Ontario.
And when you consider that most homes in this neighbourhood sell for $1.3 million, it’s not hard to see why the buyers offered way above asking.