Another mind-blowing listing went way above asking in Toronto.
A property at 801 Ossington Avenue in the Christie Pits in Toronto went on the market this month with an asking price of $998,000 and sold in 3-days for $1,505,000, which represents $507,000 over asking.
On the sale of the four-bedroom, two-bathroom home, listing agent Gus Skarlatakis of Crescent Real Estate stated, ”
“It was truly a fantastic result for the sellers. We don’t always do this well on a sale, but everything came together quite nicely with the preparation, staging, marketing, and execution.”
“Back in late spring, I evaluated the market value of the property to be in the $1.25 to $1.3M range, as is,” Skarlatakis said. “The sellers then undertook advised renovations to the property, costing around $40K, which took its market value into the $1.3 to $1.35m range.”
There were some renovations done to the property before the sale and is a 2.5-storey semi-detached home with 2,768 sq ft.