Climbdown on price helps move Summerhill condo

Toronto Home Sales News

Climbdown on price helps move Summerhill condo
Done DealReal EstateNodelphi
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This one-bedroom unit briefly listed for sale last year was brought back to market with a trimmed asking price and sold to the second person through the door

The owner removed a den to enlarge the kitchen.This one-bedroom condo in a 20-year-old building kitty-corner to the historic former Summerhill train station on Yonge Street was listed for sale for four weeks last year but generated little interest among buyers. Brought back to market 6 months later with a trimmed asking price that put it under the $1-million barrier, it sold to the second person through the door.

“One or two units sold after us, so we were glad we sold when we did because there was less competition.”Chestnut Park Real Estate Ltd. In the past two years, the owner removed a den to enlarge the kitchen and installed an electric fireplace and herringbone oak flooring.The unit also comes with a storage locker and parking spot.

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