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The Real Estate Market Buyers work competition to their advantage to nab Vaughan townhouse

Re/Max Realtron Realty Inc. /Re/Max Realtron Realty Inc.

46 Millhouse Court, Vaughan, Ont.

Asking price: $909,000

Selling price: $870,000

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Previous selling price: $368,773 (2010)

Taxes: $4,511 (2018)

Days on the market: Six

Co-op agent: Vadim Vilensky, Re/Max Realtron Realty Inc.

The action

Downtown Toronto renters hoping to buy their first home toured 30 properties on their own. But when they recruited agent Vadim Vilensky, he narrowed their search to five candidate properties in Vaughan.

Though this townhouse on a 20-by-110-foot lot wasn’t on their radar when it was listed for $939,000 in October, they brought it after the asking price dropped $30,000 the following month.

“There was another house on the market, not too far from there, and I told the agent my clients would buy one of the two properties,” Mr. Vilensky said.

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“So if they could work with me on the price – because the buyers wanted to be at $870,000 exactly – then we’ll get this done. If not, we were going to the neighbour’s house.”

What they got

The house features an open living and dining area.

Re/Max Realtron Realty Inc. /Re/Max Realtron Realty Inc.

This roughly seven-year-old townhouse has a 1,700-square-foot plan with an unfinished basement, direct access into a garage and a fenced-in backyard.

Inside, the open living and dining area bears hardwood floors and the kitchen polished off with ceramic floors, granite counters, stainless steel appliances and access to a deck.

The largest of three bedrooms contains a walk-in closet and a five-piece ensuite, which is one of three bathrooms.

The agent’s take

“Other [townhouses] are roughly about 1,700 square feet and there are others around 3,000 square feet,” Mr. Vilensky said.

“There were a few houses up for sale in the same area, but the reason why I recommended this one was because it’s on a court, so it’s a very quiet street.”

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