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Sellers hold out after low-ball bid amid winter lull


Sellers hold out after low-ball bid amid winter lull
Special to The Globe and Mail
Published April 7, 2021
Selling price: $1,181,500 (January, 2021)
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Listing agent: Robin Pope, Pope Real Estate Ltd.
The action
This three-bedroom townhouse was decluttered and staged with contemporary furnishings right before stores were locked down late last year. Several weeks later, a low-ball offer arrived with an eight-hour expiration on New Years Eve and was allowed to run out. Days later a better bid surfaced from another party for $1,181,500.
Pope Real Estate Ltd.
“By the time we got it on the market, it was the second week of December, so COVID or no COVID, it’s not a busy time of the year,” said agent Robin Pope. “Showings were not brisk, which we didn’t expect they would be.” ....

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This $1.5 million Toronto loft in an old train factory has its own private elevator tube


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The authentic hard loft of every millenial s brick-walled bougie dreams is currently up for sale in a former Toronto train factory and, while too pricey for most of us to afford, it s spectacular.
Located at the historic Foundry Lofts in Wallace-Emerson (near the Junction Triangle), the unit boasts a staggering 2,500 square feet of space across three floors.
One might almost venture to say that $1,499,000 is actually a pretty good price for that much space, by Toronto standards. If true, that means it ll likely sell for more than what s being asked, though it s easy to see why. ....

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