Toronto house sells for 20 per cent over asking in under a week on the market
This semi-detached fixer-upper near Runnymede and St. Clair just sold in under a week for over 20 per cent over asking, and it's not hard to see why.
10 Blakley Ave. was listed at an unbelievably low $548,000.
This estate sale is the kind of rare opportunity that contractors, renovators, and first-time buyers dream of.
Sitting at the end of a quiet cul-de-sac and right next to a park, the location is a major win.
10 Blakley Ave. is also just a block away from the St. Clair streetcar and close to all the amenities The Stockyards has to offer.
What really sets this property apart, though, is its potential.
With three spacious bedrooms, two bathrooms, and a large eat-in kitchen that opens to a deck (in need of some major TLC), this house has decent bones.
There's even a partially finished basement with a walkout to the backyard and the possibility of front-yard parking. (The house currently has zero parking.)
While the house interiors are a timewarp, the newer roof and furnace mean you won't have to spend money on costly repairs or replacements anytime soon.
It's also a pretty wide two-storey home, sitting on a lot that is over 17 feet wide.
Sure, the place needs major renovations, but that's precisely why it's such a steal.
Any contractor or savvy buyer with a vision could transform this property into a stunning family home or a significant investment.
Semi-detached homes in this neighbourhood can sell for upwards of $1.2 million, so when the price is half that, it's a no-brainer.
And that's exactly why it was snapped up in six days and the buyers paid a whopping $125,000 more than asking.
10 Blakley Ave. sold for $673,000.
Join the conversation Load comments