3-bed room home in the vicinity of Pacific Shopping mall nets 16 presents

17 Sandyhook Square, Toronto

Asking price: $899,000 (February, 2023)

Marketing price tag: $1,038,000 (February, 2023)

Taxes: $4,670 (2022)

Days on the industry: Seven

Listing agent: Dino Capocci, Royal LePage Actual Estate Companies Ltd.

The action

This a few-bed room dwelling is on a quiet road exactly where the very last similar assets marketed for about $1-million immediately after it was detailed for $899,000 final slide. This 1 was also cautiously mentioned at an inquiring cost of $899,000 in February.

“It’s truly a difficult marketplace to selling price some homes, specifically for the reason that there weren’t a ton of revenue and [comparables],” reported agent Dino Capocci. “So you want to stick to what a handful of [sellers] have completed lately that worked. I did go a tiny small on the cost, but the residence also needed a great deal of perform for the reason that it was an estate sale.”

Within a person week, 80 website visitors toured the home and 16 made buy presents. Subsequent negotiations finished with an approved bid of $1.038-million.

“It was entertaining to have 16 features, which reminds me of a several many years ago, and it was the first signal there was a bounce coming,” Mr. Capocci reported. “And there has been – we’ve been fairly occupied.

“It’s also in a really coveted pocket,” Mr. Capocci explained. “It’s suitable at Warden and Steeles, so it borders Markham, and is incredibly close to Pacific Mall and a major Asian neighborhood.”

What they acquired

This 42-12 months-old residence has a regular dwelling room, dining space, kitchen layout on the key floor, as well as everyday recreation areas on the main and decrease degrees.

A highlight upstairs is a major bedroom with a walk-in closet and one of the home’s 3 loos.

There is a south-going through back garden on the 30- by 108-foot large amount.

The agent’s acquire

“Sandyhook Square is a nice cul-de-sac, so you never see any by means of traffic,” Mr. Capocci explained.

“What’s appealing about the residence is that it’s detached, it has an attached garage, and a stunning back yard.”