While sales in some areas of the city are slow, demand is high for downtown properties, says real estate agent Ira Jelinek
Harvey Kalles Real Estate
The Canadian Real Estate Association reports that sales across the country fell 4.6 per cent in March compared with the same month in 2018. The result was almost 12 per cent below the 10-year-average for March. Mr. Jelinek did not set a date for reviewing offers, but soon three bidders were vying for the hard loft in a former warehouse. The seller accepted an offer just above the asking price, he says.
The sellers accepted the buyer’s offer of $3.86-million, Mr. Jelinek says. The house had previously been listed at $4.2-million.
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