{"id":835977,"date":"2026-07-30T13:46:10","date_gmt":"2026-07-30T13:46:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/835977\/"},"modified":"2026-07-30T13:46:10","modified_gmt":"2026-07-30T13:46:10","slug":"home-primed-for-rebuild-gets-14-bids-sells-630000-over-asking","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/835977\/","title":{"rendered":"Home primed for rebuild gets 14 bids, sells $630,000 over asking"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

701 Oriole Parkway in midtown Toronto sold $630,000 over asking.The Print Market<\/p>\n

701 Oriole Parkway, Toronto <\/p>\n

Asking price: $995,000 (May, 2026)<\/p>\n

Selling price: $1,625,000 (May, 2026)<\/p>\n

Taxes: $8,204 (2025) <\/p>\n

Days on the market: Six <\/p>\n

Listing agent: Andre Kutyan, Harvey Kalles Real Estate Ltd. <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

This two-storey house has four bedrooms, three bathrooms and an eat-in kitchen with access to a deck.The Print Market<\/p>\n

The action <\/p>\n

This nearly 100-year-old house in midtown Toronto backs onto Eglinton Park. It had been slated for a renovation and expansion, but the owner decided to sell it instead, complete with approved plans and permits, as well as a laneway report for the possible addition of a two-storey suite on the 28- by 112-foot lot. Agent Andre Kutyan underpriced the home in May, hoping to spawn multiple offers, as happened with an updated home he sold for $1.65-million two weeks prior. <\/p>\n

\u201cI needed to go more aggressive in the asking price because I knew we\u2019d lose a percentage of buyers over the poor condition of this house,\u201d said Mr. Kutyan. <\/p>\n

\u201cThis is one of the few remaining original homes backing onto the park on a premium side of the street.\u201d<\/p>\n

On the offer date, 14 bids were registered, but only three buyers were asked to make revisions. The best proposal rose to $1,625,000. <\/p>\n

\u201cI anticipated getting good traction because of its location,\u201d Mr. Kutyan said. <\/p>\n

\u201cYou could walk out to your terrace or look out your back window and have a beautiful view of the park.\u201d <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

This 100-year-old home backs on to Eglinton Park.The Print Market<\/p>\n

What they got <\/p>\n

This two-storey house has four bedrooms, three bathrooms and an eat-in kitchen with access to a deck. <\/p>\n

There is a formal dining room, and entertaining areas with gas fireplaces on the main and lower levels. <\/p>\n

The basement also has an exit to the yard and a carport. <\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The home has a formal dining room.The Print Market<\/p>\n

The agent\u2019s take <\/p>\n

\u201cIt\u2019s a unique situation with this one being the last house on the city lane,\u201d Mr. Kutyan said. <\/p>\n

\u201cYour [potential] garage or garden suite would be perpendicular to it, making access very easy. For neighbouring properties to the north of this one, you have to do a three-point turn to get into their garages. For this, you drive straight through.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: 701 Oriole Parkway in midtown Toronto sold $630,000 over asking.The Print Market 701…\n","protected":false},"author":2,"featured_media":835978,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[49,48,49594,143460,1398,968,3302,143459],"class_list":["post-835977","post","type-post","status-publish","format-standard","has-post-thumbnail","category-toronto","tag-ca","tag-canada","tag-done-deal","tag-donedeal","tag-nodelphi","tag-real-estate","tag-toronto","tag-toronto-home-sales"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/835977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=835977"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/835977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/835978"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=835977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=835977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=835977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}