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Done Deals: 1 Market Street, Suite 623

Done Deals: 1 Market Street, Suite 623

SCENARIO

This beautiful and spacious 2-bedroom, 3-bathroom two-storey sky townhouse in The Esplanade was home to a couple looking to downsize and cash out on the equity they had built in the hot Toronto condo market.

CHALLENGES

  • Media Influence: Though the real estate market was showing signs of strength, the media’s reports were not as optimistic.  This negative press could have impacted the sales of the building.
  • Downsizing Pains: There was a lifetime of items in the house that would have to be sorted, de-cluttered, moved, and stored.
  • Flooring: The carpet on the second floor of the home was tired and stretch, and in need of some repairs. We would have to contact our flooring expert to access the existing carpets and suggest a replacement.
  • Terrace: The 224 square foot terrace was a key selling feature for the condo but needed to be showcased properly while still providing privacy from the condo tower close by.

RESULT

During a slower market, we received multiple offers on offer night. However, none were quite to our satisfaction. We didn’t panic, instead we re-listed at a higher price and still sold for a price 80% higher than what our clients bought the condo for. In this case, rejecting the original offers was a gutsy decision and one where our sellers relied on our expertise. We’re happy that it all worked out!

HOW WE DID IT


BEFORE: The home was filled with trinkets and memorabilia that was gathered over the years. We would have to work with our clients and talented trades to edit the space and create a home that appealed to a much larger audience.


AFTER: Our talented staging team brought in neutral sleek furniture and accessories to showcase the space and high ceilings. A new coat of paint really allowed the living space to shine.


BEFORE: The bedrooms needed a refresh with new paint and flooring.


AFTER: Sleek modern paint and flooring allowed the buyers to see what was possible with the space and allowed us to highlight the unobstructed view.


BEFORE: While the original furniture was functional and cozy, it was blocking the view to the massive outdoor terrace.


AFTER: New lounge chairs for the terrace and a patio umbrella really drew attention to the uniqueness the outdoor space had to offer.

If you’re considering a move, we’d be glad to help. Feel free to call us at 416-205-0355.

Questions? Lets talk!

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