Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago
A three-bedroom freehold townhouse in the rapidly developing Wallace-Emerson neighbourhood.
The sellers bought the property in 2016, but now they’re moving out of the country for work. The house was built six years ago.
Here’s the exterior:
The dining area:
The house has three bedrooms. One of them is set up as an office:
And the master bedroom:
The master bedroom’s ensuite bathroom:
The buyers were attracted to the townhouse for its mix of privacy and community. It’s a freehold home, but owners of the townhouses in the complex all contribute to a fund for upkeep of the grounds. There’s no backyard, but there is a balcony and a private rooftop patio.
Not wanting to give potential buyers sticker shock, the sellers listed the house for under $900,000—less than they paid in 2016. There was one preemptive offer, for more than $200,000 over asking.
By the numbers
• $4,462 in taxes (approximately)
• 1,577 square feet
• 6 days on MLS
• 3 bathrooms
• 3 bedrooms
• 1 parking spot