Story highlights From a $449,000, one-bedroom condo in Humber Valley Village to a $2.649 million, six-bedroom house in Markham, these homes are having online Open Houses
Housing is always an open-house situation. Whether you’re interested in finding your next home or flipping a few as a flipping DIY investor, you can sometimes make your mark by going online to see what folks are doing and searching the open houses themselves.
And because real estate can be a wonderful “game,” any hints of price movement, renovations or trends are easy to find. And if you’re not sure how a place stacks up against a couple of listings in a certain price range, there’s no better time to investigate. After all, you want to get in on the top price and move up to a larger space, right?
If you’re looking for big change, today’s Open Houses will make that sort of hypothetical hunting easier.
We’ve gathered a handful of property sales that are currently making waves with their real estate pros. Take a look and prepare to be stunned. And, although they are four-figure homes, big can be appreciated (and maybe you’ll be convinced to go ahead and place your offer).
In fact, we advise you to take a look at the five homes featured below, and you’ll be lucky enough to make a few money-losing (but money-making) decisions. Who knows? You may become the next lucky homeowner, if that happens.
1. Multi-million-dollar abode
Who: Sriram Iyer, a real estate agent in Toronto, says there’s a high demand for homes near Toronto’s downtown core, with pre-sale condos commanding some of the highest prices in town.
What: This home, on Adone Road in the Financial District, is for sale for $2.69 million.
The specs: The 5,748-square-foot home is “large, with its main living room and formal dining room, along with a spacious kitchen with custom designer cabinets,” says Iyer. There are three bedrooms and three and a half bathrooms, plus a detached one-bedroom-plus-study duplex.
According to Iyer, the two-level home includes “a slightly distressed appearance” due to the need to “bring in new sheets of glass all around the house and flooring.” There’s also “a computer room, one of which is perfect for entertaining,” he adds.
Of course, it also comes with some very nice features, too.
2. One-bedroom condo
Who: This condo, in Humber Valley Village, is on the market for $449,000. According to Antonella Parkhill, a Toronto-based real estate agent, “It’s an 800-square-foot condo with a finished show room.”
What: In terms of features, it’s “not an average buyer-friendly condo,” says Parkhill. “This is one of the smaller condos in the village, with a neutral color scheme, wooden floors and [a] slightly outdated and dated aesthetic.”
3. $650,000-plus abode
Who: “My listings [in Markham, just northwest of Toronto, range] from $250,000 to $1.5 million,” says Joanne Lopes, a real estate agent. Her clients are interested in a home for sale at 3281 Noble Road. “It has a new lift and is 20 feet wide.”
What: While the lot size makes the $950,000 home more manageable for entertaining guests, Lopes adds that “the two-bedroom home has a rental elevator for those lucky enough to have extra guests. There is a living room with fireplace, a dining room, a kitchen and two master bedrooms with ensuite.”
“The house has one large master bedroom with a spacious bathroom, a new eat-in kitchen and a foyer,” she says.
4. $349,000 home
Who: Craig Moffatt, a Toronto-based real estate agent, notes that he’s more of a value-focused agent, but the addition of a side addition to this home is what’s been driving up the cost of the property. The buyer is paying just $349,000 for it.
What: The 2,000-square-foot home sits in a gated community on a quiet street in Markham.