North York backsplit semi priced low to sell high

Toronto Home Sales News

North York backsplit semi priced low to sell high
Done DealReal EstateNodelphi
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Bayview Woods - Steeles attracted more than two dozen visitors, sells for $62,000 over list price

The main-floor living room exits to a balcony directly above the garage.Agent Bill Thom used a tried and tested method to sell this semi-detached house: Flash a low price to excite the buyers and hope for a competition. In this case, a price tag of $1.088-million drew more than two dozen visitors and multiple purchase offers. The eventual sale price of $1.15-million surpassed the amount a similar semi-detached house down the street recently sold for.

“A home had sold about a week or 10 days before we launched this one, so we priced it the same way they did,” said agent Bill Thom.An updated kitchen is among the various upgrades to the home since 2017.This three-bedroom backsplit was built in the 1970s on a curving 42- by 109-foot lot near the intersection of Steeles Avenue and Leslie Street. The home extends over five levels and has three entrances, including a back door to an interlocking patio.

Upgrades since 2017 include new roofing, new heating and cooling systems and new kitchen and laundry appliances. Two original bedrooms on the top floor were combined to create one large bedroom with a four-piece, ensuite bathroom.“It’s a very mixed neighbourhood, basically with detached and semi-detached homes,” said Mr. Thom.“On the upper level, there’s usually three bedrooms, but this one only had two bedrooms … but the current owner made them into one large primary bedroom.”

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