Builder’s house finds market niche to sell above asking

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Toronto Home Sales News

Done Deal,Real Estate,Nodelphi

This four-bedroom house has a limestone and brick façade and 4,524 square feet of living space above grade

On the main floor, there is a dining room and eat-in kitchen.April proved a good time to list this eight-year-old house, lived in by the builder himself, because buyers looking for homes in the upscale neighbourhood of Forest Hill North had little else to choose from. However, one of the few potential competing properties happened to be right next door - a near identical house by the same builder where he’d also lived for several years.

“If came back on the market, the likelihood is they’d come down to mid $5-million,” said Mr. Kutyan. “We needed to be pre-emptive with this one and beat them to the punch.” “When we hit MLS, I’ve already got the momentum behind me, so that’s how I can get a sale like this done in less than 12 hours and over asking,” Mr. Kuytan said.The primary bedroom has 11-foot ceilings, a dressing room, a balcony and the largest of the home’s seven bathrooms.This four-bedroom house has a limestone and brick façade and 4,524 square feet of living space above grade.

 

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