Three offers exceeded $3-million. The winning bidder didn’t come out on top with price, bus was successful with more favourable terms
The 67-year-old, three bed-room North York bungalow has 1,597 square feet of living space.This modest 67-year-old North York bungalow sits on a large Lawrence Park lot surrounded by luxury homes selling for as much as $14-million. Its $2.28-million pricetag seemed cheap in comparison, a feeling shared by 16 would-be buyers who tendered purchase offers.
“Given the lack of inventory in Lawrence Park, I knew demand levels would be relatively high, regardless of the time of year and what’s going on in the market.”
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