Price reboot needed for unit in saturated Toronto condo market

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‘Despite the daily additions of new listings and price changes in the area, this unit stood out,’ says agent Sylvia Wolff

Royal LePage Real Estate Services Ltd.This two-bedroom corner unit struggled to get the attention of buyers in a downtown condo market flooded with options. Eventually, about 30 potential buyers toured the space, during which time the asking price was reduced by $51,000.

“There hadn’t been anything listed in that building for a couple of years because owners really like the building. But 100 Hayden and 35 Hayden had a couple of listings as well, and then there were quite a few on Charles Street.”

 

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