83 BOULTBEE AVE., TORONTO

ASKING PRICE $549,900

SELLING PRICE $600,000

PREVIOUS SELLING PRICE $140,000 (2004); $159,000 (1993)

TAXES $2,884 (2011)

DAYS ON THE MARKET Three

LISTING AGENT Anna Michaelidis, Royal LePage Urban Realty

The Action: In the coveted Riverdale community known as “The Pocket,” this three-storey triplex was listed for sale in the mid-$500,000s. In a matter of days, an offer of $600,000 emerged from one of multiple buyers vying for the property.

What They Got: Aside from the addition of kitchens on the lower and second levels, this brick residence essentially retains its traditional layout, nine-foot ceilings, wood trims, mouldings, baseboards and staircase.

The single-family home is currently divided into three units, each with a living room and full bathroom, including the one-bedroom main floor suite, the two-bedroom basement apartment and a three-bedroom abode the seller occupied on the top two floors.

There is a fenced south-facing backyard, but no parking on site, which is the case for most homes in the area. However, the property is steps from the subway, schools, parks and shops at the newly revitalized Gerrard Square.

The Agent’s Take: “It’s one of the grand old dames in the neighbourhood and it’s a detached, three-storey house, which is kind of rare to come across,” says agent Anna Michaelidis.

“Although the home is older and requires updating, it’s been lovingly maintained by the owner and the original charm is intact.”

Another major bonus is a scenic setting with an open green space behind the property and a tree-lined street out front. “Because of the elevation of the home… the main floor, second floor and third floor has unobstructed views of downtown,” Ms. Michaelidis adds.