Market rebound erases price cut on downtown Toronto condo

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Re-listed this year with $10,000 trimmed from the asking price, it nabbed a full price offer from the first visitor, who was then coaxed to top up that offer to the original asking price as a way of fending off any rival bidders

“Not only was it well priced, but we were more likely to get more than our asking price the longer it was on the market,” he said.“If [the buyer] was competing, he’d have to pay a lot more, so we settled on $10,000 more than our asking price, which was our original ask when we were on the market in September.”Pope Real Estate Ltd.

This 754-square-foot suite has a long and narrow layout with nine-foot, concrete ceilings and a Juliet balcony along the living and dining area. The industrial aesthetic is complemented by grey hardwood floors, quartz kitchen countertops and stainless steel appliances, including a gas stove. There is a storage locker and parking spot and, unusually, private access to a 186-square-foot rooftop terrace.The private terrace – acquired by previous owners from the builder – was an unexpected bonus.“One bedroom plus dens were quite popular during COVID because of the need to work from home,” Mr. Pope said.Story continues below advertisement

The private terrace – acquired by previous owners from the builder – was also an unexpected bonus. “You had a nice rooftop terrace to go barbecue and have a table and some chairs,” Mr. Pope said.to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.Follow topics and authors relevant to your reading interests.feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines