Richmond Hill condo sells $160,000 below initial asking price
A Richmond Hill condo recently sold for $589,000, which is $160,000 below its initial asking price. The unit was originally listed at $749,000 in January 2026 but saw little interest until the price was reduced. The sale highlights the current trend of price adjustments in the condo market due to increased inventory and buyer options.
- ▪The condo was listed at $749,000 in January 2026 but received minimal interest.
- ▪After a price reduction to $609,000 in April, two offers were made, with the final sale price at $589,000.
- ▪The unit features 12-foot ceilings, an open-concept design, and community amenities.
The Globe and Mail publishes from Canada and files mainly under world. We currently carry 1,935 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | The Globe and Mail |
| Canonical URL | https://www.theglobeandmail.com/real-estate/toronto/article-richmond-hill-condo-sells-160000-below-initial-asking-price/ |
| Publication time | Tue, 19 May 2026 19:07:28 +0000 |
| Retrieval time | 2026-05-19T19:14:57.909Z |
| Last seen | 2026-05-19T19:14:57.909Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | d3VXz9FBf2Hq |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Open this photo in gallery:Harvey Kalles Real Estate Ltd.ShareSave for laterPlease log in to bookmark this story.Log InCreate Free Account7 Bond Cres., No. 112, Richmond Hill, Ont. Asking price: $609,000 (April, 2026)Previous asking price: $669,000 (March, 2026); $749,000 (January, 2026) Selling price: $589,000 (April, 2026)Previous selling price: $436,580 (2017) Taxes: $3,095 (2025) Property days on market: 98 Listing and buyers’ agents: Ken and Jaime Ramsay, Harvey Kalles Real Estate Ltd.THE ACTION Open this photo in gallery:Harvey Kalles Real Estate Ltd.This ground-floor unit was the only one for sale this January at the Sorrento condominium near Bond Lake and Lake Wilcox, about 45 kilometres north of downtown Toronto.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
Discussion
0 commentsMore from The Globe and Mail
