February 6th Update:
Sale price has finally been reported! Contact us for details. You won’t believe how much over asking it sold for. WOW!
January 22nd Update:
After an intense multiple offer situation with 6 registered offers on Sunday January 22nd the Box House on Coxwell is now SOLD! (well conditional until Friday). After the dust settled the Seller (Rohan Walters) agreed to accept, get this, not the highest bid but the one that would have been the best fit for his unique property. The Purchasers are a young couple with a child (yes it’s possible to raise a child in less than a 3000sqft suburban home BTW). One, an interior designer and the other an architect have big plans for this large lot. They plan on adding a second “Pod” at the rear and connecting it with an enclosed walkway.
We cannot disclose the selling price until the conditional period is met but we can tell you that the likely selling price was at or above the $400K mark. A bargain if you ask me.
One of the main reasons the Seller chose their bid over the “significantly higher offer” is that they would honour the original design and maintain the character of the unique home. Proof that money, doesn’t always talk.
We look forward to seeing this unique urban home transform in to the new owners’ dream home. We will keep you posted as their plans progress.
To refresh your memory on this property, the original blog post is below….
If you’ve ever driven down Coxwell Avenue you’ve likely taken a second look at one of the city’s more unique residential structures. The ‘box house’ was created by architect Rohan Walters and it’s currently up for sale.
The ‘box house’ is headed to the market next week with a list price of $349,000. Taxes run $1,272 a year and due to efficient radiant heat within the concrete floors monthly utilities are a bargain at around $100 a month.
The home isn’t very large at around 800 square feet however the lot is 23 feet wide and 205 feet long and the structure was built for expansion. The current residents haven’t made optimal use of the space as you’ll likely see from the listing photos and the place is in need of some updating.
Given the average cost of a 800 sq foot condominium these days this is a unique opportunity for a minimalist who is looking for something funky and unique. The location is a short walk to the beach at Ashbridges Bay and Queen Street shops, restaurants, and the Beaches movie theatre.
Probably the biggest bonus of owning a home like this is the free advertising you get on your listing when the home is sold. You’ll undoubtedly see many articles and blogs in the next week or two and the open houses will be packed.
For a private viewing or for more information please contact us right away.