Raised bungalow catches a rising market but sells under asking

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Toronto Home Sales News

Done Deal,Real Estate,Nodelphi

Renovations to bathrooms and new flooring helped push through the sale, with staging which made the place look ‘so cute’, says listing agent Jenelle Cameron

This three-bedroom bungalow was one of a few properties put up for sale in the last week of January in the Long Branch neighbourhood near Toronto’s western waterfront. About 20 visitors toured the home with two freshly renovated bathrooms and new flooring on the main level. One potential buyer made a verbal offer but would not commit it to paper. A second made a formal written offer $19,900 under the asking price with a March 27 closing date, which was accepted.

“It was right when the market started to pick up, so we were bang on for timing,” said agent Jenelle Cameron.There is access to a two-tiered deck through the dining room.Directly south of the schoolyard of James S. Bell Junior Middle School, this 67-year-old bungalow has a gas fireplace in the living room and stainless-steel appliances in the recently revamped kitchen.

A two-tiered deck can be reached from the dining room and the stairwell to the basement. Downstairs is set up as an in-law suite with one bedroom, a bathroom, a fully equipped kitchen and an entertaining area with a fireplace.The kitchen was recently revamped.“This is definitely different as a raised bungalow, so it has a unique floor plan,” said Ms. Cameron.The property’s shape and setting were also invaluable. “It’s on a dead-end street,” said Ms. Cameron.

“And it’s a large pie-shaped lot, so there’s lots of parking for at least four cars, and it backs onto a school, which I think is great because you have a lot of privacy.”

 

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