Three-bedroom residence close to Pacific Mall nets 16 affords

17 Sandyhook Sq., Toronto

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

Promoting value: $1,038,000 (February, 2023)

Taxes: $4,670 (2022)

Days in the marketplace: Seven

Itemizing agent: Dino Capocci, Royal LePage Actual Property Companies Ltd.

The motion

This three-bedroom home is on a quiet road the place the final comparable property bought for about $1-million after it was listed for $899,000 final fall. This one was additionally cautiously listed at an asking value of $899,000 in February.

“It’s actually a tricky market to cost some properties, particularly as a result of there weren’t a variety of gross sales and [comparables],” stated agent Dino Capocci. “So that you wish to observe what a couple of [sellers] have performed just lately that labored. I did go a little bit low on the value, however the home additionally wanted a variety of work as a result of it was an property sale.”

Inside one week, 80 guests toured the home and 16 made buy affords. Subsequent negotiations ended with an accepted bid of $1.038-million.

“It was enjoyable to have 16 affords, which jogs my memory of some years in the past, and it was the primary signal there was a bounce coming,” Mr. Capocci stated. “And there was – we’ve been fairly busy.

“It’s additionally in a really coveted pocket,” Mr. Capocci stated. “It’s proper at Warden and Steeles, so it borders Markham, and may be very near Pacific Mall and an enormous Asian group.”

What they acquired

This 42-year-old home has a regular front room, eating room, kitchen format on the principle ground, in addition to informal recreation areas on the principle and decrease ranges.

A spotlight upstairs is a major bed room with a walk-in closet and one of many residence’s three bogs.

There’s a south-facing again yard on the 30- by 108-foot lot.

The agent’s take

“Sandyhook Sq. is a pleasant cul-de-sac, so that you don’t see any by way of site visitors,” Mr. Capocci stated.

“What’s fascinating about the home is that it’s indifferent, it has an hooked up storage, and a stupendous again yard.”