Buyer bids $131,000 over asking for east-end semi-detached bungalow

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Buyer bids $131,000 over asking for east-end semi-detached bungalow
France Dernières Nouvelles,France Actualités
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Danforth- and Victoria Park-area home attracted two dozen visitors with $699,000 list price, but buyer won over other bidders with $830,000 offer

The one-storey home has been renovated several times since it was built in 1917. Today, the updated kitchen includes stainless steel appliances.At the end of a short street running between Danforth Avenue and Kenworthy Park, this semi-detached bungalow was listed under $699,000, an eye-catching figure that hooked about two dozen visitors. Three bidders wouldn’t budge from their self-imposed spending caps, but one hiked their offer up to $830,000, winning over the seller.

“It’s not uncommon to get multiple offers, especially in a market we found ourselves in with changing interest rates and buyer confidence going all over the place.”This one-storey structure has been renovated several times by different owners since being originally built in 1917. Double doors in the primary bedroom give passage to the deck and perennial gardens on the 20- by 136-foot lot.“[Bungalow semis] become more common the further you head east into Scarborough, but it’s less common in this area, for sure,” Mr. MacFarlane said.

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France Dernières Nouvelles, France Actualités

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