Sale of the Week: The $2-million Thorncrest home that proves sellers dread the holiday lull

Address: 28 Sir Williams Lane

Neighbourhood: Thorncrest

Agent: Laura Simpson, Bosley Real Estate Ltd., Brokerage

The property: A mid-century modern home on a wide lot in Thorncrest Village. On the outside, the property has a number of large Japanese maples; on the inside, it has an open main floor and plenty of skylights.

The history: The home was originally built as a bungalow in 1953. In 2004, the sellers added a second floor and extended the rear of the house, while leaving the front exterior mostly untouched.

The fate: The buyers were tired of downtown life. They fell in love with the size of the property and the non-traditional sprawling layout of the expanded bungalow. They were also impressed by the family-friendly amenities available at the community-run Thorncrest Clubhouse, just around the corner.

The sale: For a month, the home found no takers. With the market about to head into its annual holiday lull, the sellers were willing to agree to the buyers’ offer, which was conditional and $185,000 under asking.

By the numbers:

• $2,000,000
• $9,352.12 in property taxes (2014)
• 6,025 square feet
• 110-by-172-foot lot
• 92 per cent of list price
• 62 years old
• 34 days on the market
• 6 bathrooms
• 4+1 bedrooms
• 4 parking spaces