189 Millen Rd., Stoney Creek, Ont.
Asking price: $599,000
Selling price: $580,000
Previous selling prices: $238,580 (2015); $250,000 (2008)
Taxes: $3,477 (2018)
Days on the market: 17
Listing agent: Michael St.Jean, St. Jean Realty Inc.
When originally listed late last year this recently renovated, 1½-storey house near Lake Ontario’s southwestern shoreline had an asking price of $629,900. With little buyer interest at that level, it was relisted at a price less than $600,000, which one party considered an invitation to negotiate and a final price of $580,000 was agreed upon.
“We’re big believers in not letting things sit for a long time," agent Michael St. Jean said. "Typically, in a fairly strong market you should have a good idea in the first seven to 10 days whether you’re in the ballpark.”
“In Stoney Creek, for something totally renovated on a massive lot, not too far from the water with a huge garage, that upper $500,000 range is pretty good value over all.”
What they got
In a community where average lot depths run 100-feet deep, this 1,150-square-foot house sits on a property measuring 58-by-220 feet, allowing for a four-bedroom plan and a double garage.
New roofing, windows, heating and cooling systems give new life to the roughly 40-year-old structure, which also benefits from a front sunroom, contemporary eat-in kitchen and open entertaining area.
Other amenities include a main-floor laundry room, three bathrooms and secondary cooking, entertaining and sleeping quarters in the basement.
The agent’s take
“There are lot of older homes in that pocket and some newer, custom homes being built, but this is an older home with a pretty unique, massive lot and had been completely renovated,” Mr. St. Jean said.
“There’s a huge oversized garage and people liked that, and just the idea of having the depth in the lot is very attractive if you have a lot of vehicles or want to put a pool in or maybe live in the city, but have a bit more nature and room to breathe.”
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