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Sellers accept offer on North York townhouse after second attempt at the market
Sellers accept offer on North York townhouse after second attempt at the market

Globe and Mail

time2 days ago

  • Business
  • Globe and Mail

Sellers accept offer on North York townhouse after second attempt at the market

70 Castlebury Cres. No. 9, Toronto Asking price: $829,900 (March, 2025) Previous asking price: $825,000 (November, 2024) Selling price: $820,000 (March, 2025) Taxes: $3,168 (2024) Property days on market: 44 Listing agent: Bill Thom, Re/Max Realtron Realty Inc. The owners of this three-bedroom townhouse near Old Cummer GO station were not under any pressure to sell, which made it easier for them to reject the first offer for the property, for $815,000, before Christmas. With no other offers forthcoming, they took the property off the market for a few months, returning with a higher asking price in March. An offer of $820,000 was accepted. 'If you look at the math, they [would have been] better off if they had taken the $815,000 with the heating costs, maintenance fees, time and money [factored in],' said agent Bill Thom. Part of a roughly 50-year-old townhouse complex, this end unit has a multilevel layout with a street-level entrance, a built-in garage and a private, south-facing yard. The front door opens into a foyer with a short flight of steps down to a recreation area. Another set of stairs leads up to a living room with access to a patio and open sightlines into a dining area and eat-in kitchen on the next level. The bedrooms and two bathrooms are on the top two floors. Monthly condominium fees are $660 and cover water usage. 'It's a good area with a very good school, and we had an end unit, which is very rare,' Mr. Thom said. 'The backyard is facing south, so you get a lot of light.'

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