Two 7 days renovation nets three delivers and a quick sale

29 Sego Royalway, Toronto

Asking selling price: $848,000 (December, 2022)

Advertising rate: $850,000 (December, 2022)

Taxes: $3,046 (2022)

Times on the market: 3

Listing agents: Mary Jo Vradis and Meray Mansour, Scarce Real Estate

The action

This roughly 50-yr-old townhouse close to Seneca College’s Newnham Campus was presented a fast two-week renovation that bundled stripping out and replacing authentic factors this kind of as the toilets and kitchen appliances and finished with a comprehensive portray and staging. In a few times of its hitting the industry the operator received a few gives, the greatest of which went $2,000 over inquiring.

“We didn’t go outrageous, we invested less than $50,000, but what we did was a full transformation,” explained agent Mary Jo Vradis.

“There was yet another unit for sale that was terribly priced and in incredibly bad issue, and they attempted to hold again offers, so we opted to listing at current market benefit vs . below listing and holding back again [offers], and it worked perfectly for us.”

What they got

This multilevel townhouse is portion of a condominium complicated throughout from McNicoll Park. It has an connected garage and fenced-in yards at front and back again.

The front doorway opens into a substantial lobby with a quick flight of ways down to a recreation spot and a different set up to a residing room with 12-foot ceiling, entire-top home windows and a patio exit. Overlooking the space from the following level is an open up dining spot.

There are three bedrooms on the best ground. Month-to-month expenses of $502 also deal with h2o.

The agent’s just take

“It’s a quite fantastic area, and the school district is seriously sought just after,” Ms. Vradis claimed.

“It’s also shut to the 404 [highway] and Seneca Faculty, so it is pretty obtainable and an affordable rate variety.”

This device also has an unforeseen perk. “One of the functions about this household that was distinct from other individuals was it had vaulted ceilings in the dwelling home,” Ms. Vradis mentioned.

The sale shut Jan. 31.