PH108 - 87 Peter St

In a challenging Toronto condo market with over 6 months of inventory, selling a property isn't easy.

First-time buyers are often priced out, finding it cheaper to rent than to buy. Investors are offloading properties, leading to a flood of assignment listings. It was crucial for us to understand the current market value and the competition out there.

Our sellers were out of the country, so our team stepped up to handle everything. We cleaned, painted, staged, and fixed up the unit, ensuring it was presented in its best light.

The few buyers active in the market have a lot of options, with some looking for distressed sellers and others expanding their investment portfolios. We knew we had to market this condo to the right buyers and stick to our valuation.

Patience paid off—after 3 unsuccessful offers, we closed the deal on the 4th!

Help me congratulate AT on the successful sale of their condo! Persistence, strategy, and teamwork made it happen.