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X-factor: Situated near Dovercourt Road and Bloor Street West in a vibrant neighbourhood, this two-storey home could work well for a multi-generational family or first-time buyers looking to leave condo living behind.

Located less than 10 minutes away from Dufferin and Ossington TTC stations, t offers walkable access to Bloor Street West amenities like public parks and Dufferin Mall.

With four bedrooms and three bathrooms, the home has undergone recent renovations, including the installation of updated appliances, according to the house’s listing agent, .

The rooms are bright and airy with natural light flowing all the way from the living room at the entrance to the kitchen and laundry room at the back.

The home also has a finished basement complete with its own bathroom, kitchen and laundry machine. Kim said the space could be a great way to turn the property into a multi-generational home but added she didn’t know if it had been approved as a rental unit. 

“It has a full space and flexibility so parents, children, even grandparents, could live together,” Kim said. 

One of the bedrooms is connected to a second-storey patio that has views overlooking the street. 

The property, which is more than 100 years old according to its online listing, has an “old house charm,” Kim said.

“It’s great for first time buyers, like those looking to move from a condo,” Kim said. “And with more inventory becoming available, it’s a great time for first time buyers to enter the market and move away from renting.”

Kim said one of the home’s appeals is its small backyard, porch and garden — features that buyers wouldn’t find in a highrise condo but at a similar price point.

“It’s kind of the condo alternative for someone who was looking for a larger condo or maybe a townhouse, and they have an opportunity to get into kind of their own semi,” said Karolina Armstrong, a local real estate agent who shared her thoughts on the listing with the Star. 

Will it sell at its current price?

Pricing is one of the property’s biggest selling points, according to Armstrong. She said she believes the home is worth more than it’s listed for — semi-detached homes in the Dovercourt area tend to sell for about $1.3 million on average. 

“At the listing price, it’s one of the cheapest homes that have been on sale in the in the immediate area in the last year,” she said. 

Armstrong noted that a few “little cosmetic changes,” such updating its window coverings, floor tiling and fireplace, could help add significant value to the home. 

The home was on the market for approximately $1.28 million last year and received a matching offer before the owners ultimately decided not to sell, Kim told the Star.

“The market is really, really slow, so maybe we will adjust the price,” she said, explaining that the home’s current price is to help draw buyer in to book showings.

What’s in the neighbourhood?

The home is located steps from Dovercourt Park, and sits within a 10-minute walk from Line 2 subway stations, Dufferin Mall and the shops along Bloor Street West. 

Armstrong also notes the home is near an , which will bring more than 2,000 residential units, a new public park, office and retail space, and a community hub with a daycare centre. 

“It’s years down the road, but I think it’s going to become an even better intersection along the Bloor line,” Armstrong said. 

This house could be a good fit for a young couple, Armstrong said — particularly one that works downtown or remotely, since the home doesn’t have a parking spot.

“They’re fine with just using transit around the city, but they still want to be able to go to the shops, pick up groceries, grab a coffee,” she said. 

#GTAHomeHunt is a series from the Star that gets into the details of real estate listings in º£½ÇÉçÇø¹ÙÍøand the Greater º£½ÇÉçÇø¹ÙÍøArea. Have a tip? Email us at social@torstar.ca