Uptown Toronto semi requires two price cuts to sell

Toronto Home Sales News

Uptown Toronto semi requires two price cuts to sell
Done DealReal EstateNodelphi
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In the fall, a further $30,000 price cut brought in another offer and a deal for the three-bedroom house was cut for $1.53-million

The actionThis three-bedroom house attracted some attention from buyers but received no offers as competing homes became available on adjacent streets off Yonge Street, near Alexander Muir Memorial Gardens. That changed somewhat after the price was cut by $50,000, but the two bidders that emerged were in the end unable to reach a deal with the sellers.

In the fall, a further $30,000 price cut brought in another offer and a deal was cut for $1.53-million. “A lot of buyers don’t want to undertake any renos, so it just took a little longer to find the right buyer.”In the fall, a further $30,000 price cut brought in another offer and a deal was cut for $1.53-million.This semi-detached house has had numerous modifications since being built in the 1920s, from the addition of a sunroom to the removal of a fourth bedroom to create a larger primary suite.

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