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Toronto Real Estate City-dwellers compete for rural bungalow on nearly half-acre lot outside Hamilton

St. Jean Realty Inc.

1542 Concession 2 Road W., Hamilton

Asking price: $689,900

Selling price: $690,000

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Previous selling prices: $335,000 (2009); $190,000 (1994)

Taxes: $4,995 (2018)

Days on the market: 10

Listing agent: Michael St. Jean, St. Jean Realty Inc.

The action

The bungalow boasts grand living and dining rooms.

St. Jean Realty Inc.

According to agent Michael St. Jean, real estate on the western outskirts of Hamilton took an average of 30 to 40 days to sell late last year. So the 10-day turnaround in October for this three-bedroom bungalow was relatively fast.

“We didn’t specify [an offer] date on the listing, but we ended up having a couple offers fairly quickly,” Mr. St. Jean said. “We didn’t get anything drastically over list [price], but we were able to get a little more.”

What they got

A double-sided fireplace and beamed cathedral ceiling are highlights of the main living spaces.

St. Jean Realty Inc.

The 40-year-old residence with a double garage provides 1,809 square feet of living space, ranging from a cozy sunroom to grand living and dining rooms with a double-sided, wood-burning fireplace and beamed, cathedral ceilings.

Since 2014, the sellers installed a new air-conditioning system, kitchen and laundry appliances, as well as sliding doors to a three-tiered deck and south-facing backyard with a firepit, play structure and shed.

About $40,000 of work was also done in the basement, where there is a den, guest room and recreation area with a wet bar, gas fireplace and one of three bathrooms.

The agent’s take

New kitchen appliances were installed in 2014.

St. Jean Realty Inc.

“You don’t get a whole lot in the way of a bungalow in Hamilton or Burlington in the $600,000s. [This was] one you could move into that’s got basically all the major things done,” Mr. St. Jean said.

“Over all, it’s great value. The lot is large – 106 by 190 [feet] – and you’re not finding that in Hamilton and definitely not in Burlington.”

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