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Re/Max Hallmark Realty Ltd.

269 Rumble Ave., Richmond Hill, Ont.

Asking price: $2.79-million (July, 2021)

Previous asking price: $2.49-million (June, 2021)

Selling price: $2.7-million (August, 2021)

Previous selling price: $1,875,000 (January, 2016)

Taxes: $9,920 (2021)

Days on the market: 57

Listing agent: Victoria Sedova, Re/Max Hallmark Realty Ltd.

The action

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There is ceramic tile flooring in the sunroom and kitchen, and hardwood floors in areas like the den and dining room.Re/Max Hallmark Realty Ltd.

This four-bedroom house occupies a 90-foot-by-330-foot lot near Mill Pond Park, which put its estimated value between $2.6-million and $2.8-million. It was listed for far less – at $2.49-million – but ten days passed without an offer. It was then reintroduced to the market with the list price hiked by $300,000. A month later one buyer came forward and struck a deal for $2.7-million.

“People were not sure, sitting on the fence or waiting for the results of a possible multiple offer situation, so we got a lot of phone calls after the offer date,” agent Victoria Sedova said.

“Then we decided to go with a market value price, which was $2.79-million. So from the first day of listing, it took about 60 days to get it sold.”

What they got

Custom built nearly 40 years ago, this two-storey house has a wide footprint with multiple exits to a back deck and heated, in-ground pool. There’s also an attached double garage and a driveway capable of accommodating 12 vehicles.

There is ceramic tile flooring in the sunroom and kitchen, and hardwood floors in areas like the den and dining room.

Fireplaces add a sense of coziness in three entertaining spaces, including one in the basement.

Upstairs, the largest bedroom has his and her closets and one of home’s five bathrooms.

The agent’s take

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Fireplaces add a sense of coziness in three entertaining spaces.Re/Max Hallmark Realty Ltd.

“The average lot would be 50 [feet] by 110 feet, and this has triple the depth,” Ms. Sedova said.

“It’s a few steps from the famous Mill Pond … which makes it even more valuable.”

“Its construction was European-style, so it’s a solid brick house,” Ms. Sedova said. “It was also nicely updated by the existing owner.”

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