February 2015 Home Of The Month – Dufferin Grove

Buy of the Month, Dufferin Grove / Bloorcourt Village, Wallace/Emerson & Brockton Village

Welcome to urbaneer.com's Home Of The Month. This feature provides a snap shot of what urbaneer.com's clients have recently purchased in the City of Toronto.

Our Buyer – who had just returned from New York City after years abroad – enlisted our services to find a 3 bedroom house in the central west end. Her preference was for a house that was solid, with good mechanics, but still afforded the opportunity to improve as she was enthusiastic to putting her own personal stamp on a dwelling and increase its resale value. And, like many Buyers in a climate of rapidly spiking Toronto real estate values, she hoped to acquire a dwelling that afforded the opportunity for an accessory apartment to ease the financial burden of ownership.

Our search focused on Bloordale Village to the north, Little Portugal and Brockton Village to the south, and anything in between in the neighbourhood of Dufferin Grove which is the location of convenient Dufferin Mall and the bucolic community-centric green space of Dufferin Grove Park. This area had long been a favourite, in part because family also lived in the area. Having worked abroad for several years, our Buyer craved proximity to her family and in particular, her young niece and nephew. To have them nearby and sharing family life on a daily basis was a priority. How wonderful is that?

Along with her partner, our Buyer embarked on a vertical learning curve on the dynamic – and at times puzzling – Toronto freehold housing market. Initially determined not to exceed her modest and well-researched budget, our intrepid couple (very much to their credit) quickly realized that not all entry-level freehold housing is created equally. And how! For example, one beautifully presented – and seductively photographed – house was plagued with some very serious structural issues which would have sunk her renovation budget in a flash. And yet it garnered a significant price all the same. Such are the trials and tribulations of the Toronto real estate market with its typically 100 year old housing stock.

After seeing a number of houses that fell short of expectations -some quite wildly – our Buyer knew instinctively that she'd found “the one”. In her words, and true to our bidding, it was all “green lights!”. And she was sufficiently well-informed after her 8 months search to know that it presented a rare and hard-to-come-by-opportunity that she did not want to miss. Which is precisely why she put her best offer forward to secure this property as her next home.

This row house offered the ideal marriage of size, space plan, condition, income-suite opportunity and centre-of-it-all location.The MLS listing provided a detailed and accurate snapshot of our client's wish list –>Turn Key Home In One Of Toronto's Trendiest Neighbourhoods: Dufferin Grove! Renovated Open Concept Century Home W/ Updated Eat-In Kitchen, Bathroom, Espresso Birch Hardwood Floors, French Doors Open To Private Rear Garden And Solid Concrete Block Detached Garage With Loft Storage, 2X4Pc Bathrooms, Full Finished Bsmt. Great Location! Sandwiched Between Roncy/High Park, College St/Little Italy, Parkdale, Queen West And The Ossington Strip!

We believe the icing on the cake for our buyer is the property's handy around-the-corner location from the home of her family whom she adores spending time.  

Here are some photos from the Toronto Real Estate Board MLS listing:

This desirable property was secured by our fortunate Buyer after facing intense competing bids from three other parties on offer night. Listed at $549,000, our Buyer bid 18% over the list price to secure this property in competition.

Isn't it terrific?

Serving first and next-time buyers, relocations, renovators and those building their long term property portfolios, our mandate is to help our clients choose property which will realize the highest future return on their investment while ensuring the property best serves their practical needs and their dream of “Home” during their ownership. At urbaneer, we identify a property's best qualities, features and insouciant charm in the context of your wishes and wants, plus your future target market. Although searching for the right property can be an intense and sometimes lengthy process it is, without fail, rewarding both to our clients and the urbaneer team. We are so grateful to be the realtor of choice for so many Torontonians, and new arrivals.

If you, or someone you love, has specific real estate needs, wishes and desires, and would enjoy the personalized service of a Top Producing boutique real estate team who subscribe to a pressure-free approach, please know we're here to help at urbaneer.com.

~ Steven and the urbaneer team

earn your trust, then your business

** Did you know we also lead a Student Mentorship and Internship Program for Canadians being educated in the field of housing. Consider visiting our newest architecture, design and landscape site called HousePorn.ca

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