Highway in the backyard crimps sale of Vaughan home

theglobeandmail.com
By Sydnia Yu
May 22, 2014

75 SIMMONS ST., VAUGHAN, ONT.

ASKING PRICE $1.2-million

SELLING PRICE $1.115-million

TAXES $7,624 (2014)

DAYS ON THE MARKET 66

LISTING AND CO-OP AGENTS Kevin Crigger and Wanda Lalonde, Royal LePage Real Estate Services Ltd., Johnston and Daniel Division

The Action: Highway 27 lies behind the backyard of this custom brick home, so it needed extra time to find buyers who paid more heed to its sprawling 1.17-acre dimensions and 568-foot frontage. About 20 buyers traversed the land and a deal was negotiated early this year.

What They Got: Over two decades ago, this four-bedroom, four-bathroom house was built on the north end of a triangle-shaped lot with a 4,000-square-foot plan, a triple garage and basement suite bringing in $1,250 monthly.

Various activities can take place in the office, living room and fireside family and great rooms, while meals can be consumed in a formal dining room, breakfast area and deck off the kitchen.

Each bedroom has a walk-in closet and private or semi-private bathroom.

The Agent’s Take: “The biggest unique feature is that it’s such a large property in a city that has gone through so much growth … and this property sits on top of a hill that overlooked a number of subdivisions, so it’s a unique offering,” says agent Kevin Crigger.

“Typical subdivision lots are 40- or 50 feet wide and this is over 500 feet wide.”

While the land is big enough to sever, the home will likely be left intact. “There hasn’t been anything directly comparable in size, finish and condition on the street,” Mr. Crigger adds.

“Some subdivision [homes] you have basement apartments. But this being a large house, the floor plan was quite large, so I haven’t seen a lower-level suite that large.”