Toronto semi on a busy street juggles price tags to find the right buyer
A semi-detached house in Toronto was initially listed at $849,000 but went through several price adjustments before selling for $950,000. The property, located on a busy street, attracted multiple offers but faced challenges in closing. Despite renovations, the sellers recognized the need for patience in finding the right buyer in a slow market.
- ▪The house was originally listed at $849,000 and later increased to $999,000 before selling for $950,000.
- ▪It took 85 days on the market to finalize the sale due to buyer hesitance in a slow market.
- ▪The property features three bedrooms, two bathrooms, and a south-facing patio.
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Open this photo in gallery:This semi-detached house has a south-facing patio, a garage and a mutual driveway.The Weir TeamShareSave for laterPlease log in to bookmark this story.Log InCreate Free Account157 Mortimer Ave., Toronto Asking price: $969,900 (December, 2025)Previous asking prices: $999,000 (Oct. 22); $849,000 (Oct. 15)Selling price: $950,000 (January, 2026)Previous selling prices: $392,500 (November, 2010); $272,500 (September, 2005) Taxes: $4,569 (2025)Property days on market: 85 Listing agent: Réjean Marchildon, The Weir Team Open this photo in gallery:The kitchen has granite countertops and stainless-steel appliances.The Weir TeamThe actionThis semi-detached house, a few blocks north of the Danforth, was originally listed with an asking price of $849,000, though the sellers…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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