Guildwood house with pool gets eight offers

81 Regency Square, Toronto

Asking price: $1,299,000 (February, 2023)

Selling price: $1,450,000 (March, 2023)

Previous selling prices: $1,179,000 (June, 2020); $713,500 (June, 2012); $550,000 (October, 2008); $329,900 (November, 2000); $253,000 (October, 1996)

Taxes: $5,276 (2022)

Days on the market: Six

Listing agent: Tommy Lioutas, Re/Max Hallmark Realty Ltd.

The action

Options were few for homes in the Guildwood area this February and eight offers quickly came in for this roughly 60-year-old side-split.

“Originally, we were going to come out after March Break, but I saw an opening, so we moved as quickly as we could and luckily, we didn’t have any competition when we came out,” said agent Tommy Lioutas.

“Given how the week was progressing, and how many people came through the open house, I knew we’d have some action on the offer night, but I wasn’t expecting eight offers.”

The best bid came in $151,000 over asking.

What they got

Although snow covered the home’s newly landscaped gardens and fenced-in pool, photographs taken in the fall reassured buyers of its summer potential.

“With COVID, because there was less to do, people fell in love with pools again, so it was a helpful feature to showcase to the home, especially one of this size,” Mr. Lioutas said. “It’s a very large pool compared to what I see in new builds these days.”

The house spans four levels, including a finished basement. Two bedrooms fill out the floor above the double garage.

The west wing contains a living room with a gas fireplace and a dining area with access to a wide deck.

The agent’s take

“People love Guildwood because it’s fantastic for families,” Mr. Lioutas said. “It’s a beautiful, safe place with great schools.”

“From this home, you can walk to the GO train in ten minutes, which is a huge selling feature, and also the Guildwood Inn and its beautiful gardens.”

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