This two-bedroom bungalow near Lake Scugog attracted no offers at $999,900, but with the sticker price slashed by $150,000 to $849,900, one visitor hashed out a $840,000 deal
This 16-year-old house is open concept with vaulted ceilings in the great room.This two-bedroom bungalow near Lake Scugog underwent a months-long transformation, complete with staged furnishings, in an attempt to lure buyer to make the trip about 100 kilometres northeast from Toronto. Priced at $999,900, it attracted no offers, but with the sticker price slashed by $150,000 to $849,900, one visitor hashed out a $840,000 deal.
“It’s not a very big street, but there were three homes on the market, and this was the only one that sold,” said agent Deborah Glover. “The other homes were overpriced, as ours was at the beginning because of the downturn of the market, but they didn’t adjust [their prices].”The interior has broadloom carpeting in the great room, Brazilian cherry wood flooring in the dining area and ceramic floors in the eat-in kitchen.This 16-year-old house backs onto a one-time golf course and comes with an attached double garage and an unfinished basement.
The interior has broadloom carpeting in the great room, Brazilian cherry wood flooring in the dining area and ceramic floors in the eat-in kitchen.The house backs onto a one-time golf course and comes with an attached double garage and an unfinished basement.“It’s really nicely landscaped with no fences when you go out the back since it used to be a golf course,” Ms. Glover said. “Now it’s just a green space.
“It has a nice eat-in kitchen, a pantry, direct access to the garage and a main-floor laundry room, so it’s quite a lot for the price of $840,000.”to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.
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