Mindful of its dated decor, this three-bedroom bungalow was listed below $1.6-million. Attention instead was focused on its attractive setting on a 61-foot lot on a quiet crescent near Bayview and Finch avenues. .
“Our decision to hold offers until a specific date created a sense of urgency and excitement around the property,” said agent Sylvia Wolff.“This prime Newtonbrook gem – a three-plus-one-bedroom, three-bathroom, brick detached, raised bungalow on a premium 61-by 161-foot fenced yard – presented an excellent opportunity for investors, renovators and handy homeowners.”
Unlike other properties stuck on the market for months, this one sold within $38,000 of the sellers’ goal to the highest of four bidders. “It’s important to note that the hold offers strategy isn’t just about creating bidding wars or pushing prices over asking,” said Ms. Wolff.Fireplaces add extra warmth to the living room and basement recreation area. There’s also another bedroom on this lower level and two entrances, including one next to the built-in garage and front driveway.“It was super clean, but someone will want to go in there and redo the kitchen, bathrooms and lower level.