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Real Estate News

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

By Jonathan Forani| Photography by Vincent Garrick/VR Listing
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Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago
Listed At
$899,000
Sold For
$1,115,000

Address: 710 St. Clarens Avenue
Neighbourhood: Wallace-Emerson Agent: Stella McCollum, Harvey Kalles Real Estate Brokerage, Ltd. Previously sold for: $910,000, in 2016      

The property

A three-bedroom freehold townhouse in the rapidly developing Wallace-Emerson neighbourhood.

The history

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:

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

The dining area:

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Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

The kitchen:

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

The house has three bedrooms. One of them is set up as an office:

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

Another bedroom:

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

And the master bedroom:

Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago

The master bedroom’s ensuite bathroom:

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Sale of the Week: The $1.1-million townhouse that listed for less than it sold for two years ago
The fate

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.

The sale

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

• $1,110,000 • $4,462 in taxes (approximately) • 1,577 square feet • 6 days on MLS • 3 bathrooms • 3 bedrooms • 1 parking spot

The Hunt

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