152 Convoy Cres., Vaughan, Ont.
Asking price: $1,170,000 (July, 2022)
Previous asking price: $1,249,000 (June, 2022)
Selling price: $1.1-million (July, 2022)
Previous selling price: $381,000 (March, 2008)
Taxes: $4,097 (2022)
Days on the market: 12
Buyers’ agent: Vadim Vilensky, Re/Max Realtron Vadim Vilensky Realty
Agent Vadim Vilensky’s clients wanted to buy their first home in Etobicoke this spring and had a budget with an upper limit of $1.15-million. But their hopes were dashed when they could find nothing acceptable and prices through the roof.
“They’d seen how the market went from a townhouse costing $900,000 go all the way to $1.5-million in a very short amount of time, so I told them not to buy anything,” Mr. Vilensky said.
“Prices there went up too fast.”
When they resumed their home search this summer, they looked north to Vaughan where this semi-detached house had its list price reduced from $1,249,000 to $1.170,000 about a week after first coming on the market. Negotiations lead to a $1.1-million agreement.
“It was a lot of back and forth, almost a week-long [process], but I told my clients not to give up because the seller is motivated,” Mr. Vilensky said.
“So, we managed to make it happen.”
What they got
This four-bedroom house is in a low-rise subdivision north of Canada’s Wonderland. It was built about 14 years ago and has more than 2,500 square feet of living space.
Over the past seven years, the roofing, windows and mechanical systems were replaced, the four bathrooms were remodelled, and the eat-in kitchen was redone with quartz countertops and stainless steel appliances.
There is a living and dining area with a gas fireplace, and a recreation area below with a wet bar and a guest room.
The agent’s take
“It’s a semi-detached home but it’s only linked by the garage,” Mr. Vilensky said.
“So, it acts like a detached home.”
The 30- by 85-foot property is well situated. “There is greenery at the back, so it’s like a ravine,” Mr. Vilensky said.
“It’s also a few minutes away from the 400 [highway] and the Maple GO station, so this was an ideal location.”