Calgary seller goes through four agents before buyer found

318 21 Ave., S.W., Calgary

Asking price: $625,000 (May, 2024)

Previous asking price: $650,000 (March, 2024)

Selling price: $609,500 (June, 2024)

Taxes: $4,071 (2023)

Property days on market: 100

Listing and co-op agent: Kamil Lalji, CIR Realty

The action

The detached house has been divided into three separate one-bedroom suites.CIR Realty

This 2½-storey house is in a prime location near 17th Avenue and 4th Street, but it’s been on and off the market since 2021 priced between $579,000 and $650,000. During that time it was listed with four different agents, the last of whom managed to attract bids from several buyers, though some of those offers sputtered out.

“It was a super livable house and there were long-term tenants,” said agent Kamil Lalji. “But it was built in 1910, and homes that old tend to make people a little bit nervous.

“Day one on the market, we actually had multiple offers, and got a full price offer, but that person couldn’t come up with their deposit.

“When we went back to the second person, they were turned off by the multiple offer situation and decided not to offer on it.”

Two months later, the price was reset to $625,000, putting it within budget of a buyer shopping with Mr. Lalji. They successfully negotiated a $609,500 trade.

“Nothing fit within their price parameters, so this particular house was a really good price for a detached home in Mission,” Mr. Lalji said.

“It’s considered to be a very blue-chip area you’d want to go visit and walk around.”

What they got

Each suite contains its own bedroom and kitchen, a bathroom and laundry machines.CIR Realty

This detached house has been divided into three separate one-bedroom suites, including one in the basement. Each suite contains its own bedroom and kitchen, a bathroom and laundry machines.

The upper unit also has a sunroom and a loft on the second and third floors.

There’s also a shed and garage on the 25- by 130-foot lot.