Buyer drops price of King City townhome by $60,000 to bring in sale

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20 Cloudview Street, King City, Ontario.

The question about the price: $1,395,000 (September 2023)

selling price: $1,335,000 (September 2023)

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Previous asking price: $1,549 million (July 18, 2023); $1.485 million (August 2023)

Previous selling price: US$1,325,000 (December 2022); US$968,000 (December 2017); $534,504 (December 2013)

Taxes: $6,168 (2022)

Property days on market: 66

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Buyers agent: Ira Jelinek, Harvey Calis Real Estate LLC.

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There are two separate entertaining rooms, one of which has a fireplace and double doors to the deck and fenced yard.


the event

Over the course of one month, agent Ira Jelinek guided his clients through 10 properties, all low-maintenance and all located near Seneca Polytechnic’s King Campus, about 50 kilometers north of downtown Toronto. Relisted from a high of $1,549 million to $1,395 million this summer, this freehold townhouse was a perfect fit for buyers, made even better by lowering the price to $1,335,000 this fall.

“They were looking for something specific; “It’s not an apartment and it’s not a full house, but it’s something that’s easy to manage, and townhomes are few and far between in King City,” Mr. Jelinek said.

“There was another couple in the market at the same time, and we were thinking about them. But the difference was that this place was 10 minutes closer to the Seneca campus, and closer to shopping and amenities.

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The townhouse has a central kitchen and dining area with an island and stainless steel appliances.


What they got

This approximately 10-year-old house is located in a row of two-story models that are only hung in the garage.

It has a central kitchen and dining area with an island and stainless steel appliances, plus two separate rooms for entertaining. The larger portion has a fireplace, double doors to the deck, and a fenced yard.

The lower level provides another entertainment area and one of the house’s four bathrooms.

The second floor has a laundry room, a study nook and three bedrooms with private or semi-private bathrooms.

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Take the agent

“They are very typical for their size and design, the only difference is that they have a finished basement, whereas some do not,” Jelinek said.

“It had a great floor plan and the potential to do some work to make it more personal.”

(Tags for translation)Toronto Home Sales

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