24 Macpherson Avenue, Yorkville, Annex, Upscale Renovation, SOLD $6,450,000

24 Macpherson Avenue, Yorkville, Annex

Listed Price: $6,750,000

Sold Price: $6,450,000

Neighbourhood: Yorkville, Annex

Previously sold: $2,150,000, in 2011, prior to a renovation

The property

A renovated 19th-century home in the north end of Yorkville.

Background history

The home was built in 1870 and was one of the original properties in the area. The sellers, both real estate agents, showed the home more than a dozen times when it was on the market in 2010, but ended up buying it themselves in 2011. They completed extensive renovations over several years, and now they’re downsizing to a smaller home in Rosedale.

Living Room:

Dining Area:

Kitchen and Family Room:

“Piano Bar” area:

Three bedrooms on the second floor. This one is set up as a study:

Another bedroom:

Master bedroom:

Master bedroom has a large dressing room and an ensuite bathroom:

Two more bedrooms on the third floor:

The Basement:

An In-ground pool in the backyard:

The Sale

The sellers hoped to get between $6,400,000 and $6,500,000, so they listed high, expecting buyers to negotiate the asking price down. There were 13 showings over a four day period. After five days on the market and three offers, the sellers accepted one for $300,000 under asking.

By the numbers

• $6,450,000
• $17,756 in taxes (approximately)
• 5,038 square feet (including the basement)
• 7 parking spaces
• 5 days on MLS
• 5 bathrooms
• 5 bedrooms

Source: TORONTO LIFE

***** Not intended to solicit properties currently listed for sale or under contract *****

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