June 25, 2022

Coldwell Banker First Ottawa Realty

208 Pisces Terrace, Ottawa

Asking value: $750,000 (February, 2022)

Promoting value: $900,000 (February, 2022)

Taxes: N/A

Days available on the market: Two

Itemizing agent: Raymond Chin, Coldwell Banker First Ottawa Realty

A nine-foot-long island separates the kitchen and eating space.Coldwell Banker First Ottawa Realty

The motion

The homeowners of this freehold townhouse in a brand new subdivision 17 kilometres south of Parliament Hill lived right here for lower than a 12 months after development was accomplished final summer time. It solely took a day and a half for a dozen potential consumers to return by the door and 4 to make gives – all of them over the checklist value of $750,000. One bid of $900,000 blew the remaining away.

“The timing was ripe as a result of there was little or no stock and it was a really distinctive residence,” mentioned agent Raymond Chin.

“It reveals the place the Ottawa market is heading when it comes to demand, and extra so purchaser exhaustion from two years of this COVID setting. Persons are actually treasuring their houses and consumers are paying you a premium value if your own home feels utterly turnkey.”

The primary ground has nine-foot ceilings, pot lights and hardwood flooring and there’s a gasoline hearth within the household room.Coldwell Banker First Ottawa Realty

What they acquired

The subdivision by HN Houses has each indifferent and hooked up properties, together with this three-bedroom finish unit with an hooked up storage on a 25-foot-by-98-foot lot.

The primary ground has nine-foot ceilings, pot lights and hardwood flooring. There’s a gasoline hearth within the household room and a nine-foot-long island between the kitchen and eating space.

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Additional dwelling areas embody an upstairs loft and a recreation space within the basement. The house has 4 loos.

The three-bedroom finish unit with an hooked up storage is on a 25-foot-by-98-foot lot.Coldwell Banker First Ottawa Realty

The agent’s take

“It’s by an award-winning builder, so usually there’s not a lot to do,” Mr. Chin mentioned. “However the sellers added in roughly $80,000 price of upgrades to the house, together with computerized rolling blinds, prolonged granite counter tops and raised cabinetry.”

“Even the sunshine switches seem like little radio dial knobs.”

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