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Investor offer the best of 12 for East York bungalow

‘Half the offers were around the $900,000s’ says agent Linda Ing-Gilbert, but one front-runner raised their proposal and took the home for $942,500

Toronto , Ontario , Canada , Claudio-cerrito , Re-max-hallmark-realty-ltd , Log-increate-free , Linda-ing-gilbert , Max-hallmark-realty , East-york , Toronto-home-sales , Done-deal , Real-estate

Ten bids for new Toronto condo drive sale price $110,100 over asking


The Globe and Mail
Sydnia Yu
Published April 5, 2021
15 Baseball Place, No. 908, Toronto
Asking price: $499,900 (January, 2021)
Selling price: $610,000 (February, 2021)
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Listing agent: Linda Ing-Gilbert, Re/Max Hallmark Realty Ltd.
The action
This one-bedroom plus den suite in a newly-constructed building was rented out until December of last year. The investor owners held off listing it for sale until it was properly staged and they gauged that the local inventory of condos had sufficiently declined. They decided to go to market in January after the building’s condo corporation was registered. Within seven days they had 10 offers to consider.

Toronto , Ontario , Canada , Re-max-hallmark-realty-ltd , Linda-ing-gilbert , Max-hallmark-realty , Riverside-square , Toronto-home-sales , Done-deals , Real-estate , Nodelphi