4370 Avenue Harvard, Montreal
Listing price: $969,000
Selling price: $840,000
Days on the market: 66
Listing agent: Deborah Newton, Royal LePage Village
The listing price on this former duplex converted into a single-family home was reduced twice before its sale for $840,000. Although renovation work was done on the house in the Montreal borough of Côte-des-Neiges/Notre-Dame-de-Grâce, “it still needs quite a bit of work,” real estate agent Deborah Newton said. The initial listing was for $969,000, but that was knocked down to $899,000 and then to $840,000.
What they got
The semi-detached circa 1923 home has five bedrooms, an open-concept ground floor, second-floor skylight, two-level cedar deck in the backyard and a large quartz island in the kitchen. The buyer is a local contractor who specializes in residential renovations.
The plan is to put the home back on the market once a major makeover is completed, Ms. Newton said. Work to be done includes fully finishing the basement and installing new windows and doors, she said.
The agent's take
One initially interested buyer backed out after an inspection indicated that the reno work required to bring it up to the desired standard would be more expensive than anticipated, Ms. Newton said. The home is well located, not far from a Metro station and close to the popular commercial artery known as Monkland Village, with its restaurants and trendy shops.