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Harvey Kalles Real Estate Ltd.

2564 Kentucky Derby Way, Oshawa, Ont.

Asking price: $1,079,900 (Mid July, 2024)

Previous asking price: $888,000 (Early July, 2024)

Selling price: $1.05-million (July, 2024)

Previous selling price: $422,256 (November 2016)

Taxes: $6,303 (2024)

Property days on market: 12

Listing agents: Ken and Jaime Ramsay, Harvey Kalles Real Estate Ltd.

The action

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There are crown mouldings in the living and dining rooms.Harvey Kalles Real Estate Ltd.

This four-bedroom house about 70 kilometres east of downtown Toronto was given a fresh new look for buyers, complete with a newly remodelled kitchen and stylish furnishings. Thirty visitors toured the home and 10 wrote purchase offers, but none were enough to satisfy the owners.

“There were a couple of listings that had been sitting around on the market that hadn’t sold, so our idea was to get a better-looking house at a more aggressive price point to get lots of traffic in and get sold in a reasonable timeline,” said agent Ken Ramsay.

“Although there were 10 offers, it’s not like it was with 10 offers a year and a half ago, where somebody would have jumped up above everyone else and gotten the deal done.”

The sellers decided to raise their asking price from $888,000 to $1,079,900. One of the previous bidders returned to negotiate a deal for $1.05-million.

“Sometimes buyers feel different when they’re not in a pressure cooker environment,” said co-listing agent Jaime Ramsay.

“Once we said, ‘We’re committed to working it out with you,’ it gives us an opportunity to really negotiate.”

What they got

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The house has four bedrooms, and is located about 70 kilometres east of downtown Toronto.Harvey Kalles Real Estate Ltd.

This two-storey house was built eight years ago and has an oak staircase, nine-foot ceilings and crown mouldings in the living and dining rooms.

Across the rear, there is a family room and a breakfast area with access to a deck, patio and shed on the 30-by 100-foot lot.

There are three bathrooms, a built-in garage and an unfinished basement.

The agent’s take

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The breakfast area has access to a deck, patio and shed.Harvey Kalles Real Estate Ltd.

“It’s a very nice, family-friendly area,” said Ms. Ramsay.

“It’s walking distance to a brand-new Costco and restaurants, which in a lot of suburbs, you don’t get within walking distance.”

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