October 5, 2022
Royal LePage Signature Realty 76 Promenade Dr., Whitby, Ont. Asking worth: $1,099,000 (November, 2021) Promoting

Royal LePage Signature Realty

76 Promenade Dr., Whitby, Ont.

Asking worth: $1,099,000 (November, 2021)

Promoting worth: $1,362,000 (November, 2021)

Earlier promoting worth: $470,354 (December, 2014)

Taxes: $6,187 (2021)

Days available on the market: 5

Itemizing brokers: Elias Khelifa, Munira Ravji and Kylie Walters, Royal LePage Signature Realty

The motion

The kitchen is outfitted with chrome steel home equipment.Royal LePage Signature Realty

Agent Munira Ravji mentioned the sale of this three-bedroom home reveals that the suburban Whitby market now not lags behind that of Toronto, 60 kilometres to the west. Sixty guests logged excursions of the property and 13 submitted buy gives on the final day in November.

“We knew we’d be busy as a result of Durham Area was on fireplace. Costs have been simply creeping up and there was no stock,” Ms. Ravji mentioned.

“However we weren’t anticipating so many gives, and we have been positively not anticipating the worth that it landed on.”

Ms. Ravji mentioned the preliminary bidders got a possibility to boost their gives in a second spherical. Whereas it’s widespread, she mentioned, for bidders to boost in increments of $10,000 or $20,000, she was stunned by one contender who raised their worth by $100,000. Even so, that revised supply was nonetheless too low to return out on prime.

“Within the last-minute, if you obtained to do this push, everybody has cash underneath their mattress and unexpectedly, folks have $10,000 or $20,000 they’ll put ahead,” Ms. Ravji mentioned. “However $100,000 was fairly a shock for us.”

She says there’s a pure tendency amongst some contenders to carry again.

See also  Industrial actual property sees record-breaking Canada-wide land rush...

“Everytime you do a suggestion presentation, you continue to have people who find themselves holding out hope they’ll get a deal.”

What they obtained

There are nine-foot ceilings, pot lights and hardwood flooring in the lounge, which additionally has a hearth.Royal LePage Signature Realty

This 2,200-square-foot home with an hooked up double storage is ready on a 37-foot-by-89-foot lot abutting closely treed land.

Inside, there are nine-foot ceilings, pot lights and hardwood flooring in the lounge, which additionally has a hearth, and the kitchen, which is outfitted with chrome steel home equipment.

There’s an open lounge upstairs and the first bed room has two walk-in closets and a six-piece lavatory.

The basement is unfinished.

The agent’s take

The home is on a 37-foot-by-89-foot lot abutting closely treed land.Royal LePage Signature Realty

“That is uncommon as a result of there aren’t many properties [in this part of Whitby] backing onto inexperienced house,” Ms. Ravji mentioned.

“It’s in a reasonably new neighbourhood, lower than 10 years outdated, however now it’s utterly developed with plenty of facilities close by.”

Your home is your most respected asset. Now we have a weekly Actual Property e-newsletter that can assist you keep on prime of reports on the housing market, mortgages, the newest closings and extra. Enroll at the moment.