Buying Strategy

Be The Price Change and Inventory Surplus This property had sold conditionally and when the purchasers financing fell through it came back on the market at a lower price.  It's not common place for properties that sell conditionally to come back on the market  especially not at a lower price (but #$% happens).  We booked an appointment to view this property before the price change and sold status was updated to both the public and other real estate agents, and negotiated a conditional deal that same evening. When we went to view the property for our final purchasers visit , my clients were ecstatic to hear that a very similar unit in the building had attracted 7 offers and later sold for 23% more than what my clients paid less than a month and a half after they bought.  The level of interest in this condo building at 319 Merton St. and condos in the Mount Pleasant neighborhood saw a large increase in demand from winter to early spring.  This area was primed for a market shift given that comparable units were selling for 20% higher in downtown neighbourhoods when we purchased.

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