Bolton Bungalow Sells for $890,000 Below Asking Price
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Bolton Bungalow Sells for $890,000 Below Asking Price
A three-bedroom bungalow in Bolton, Ontario, sold for $890,000—$9,000 below its asking price of $899,000. The property, located at 174 Kingsview Dr., features a 1970s-era construction with a corner lot measuring 56 by 146 feet, a private driveway for six vehicles, and modern amenities like an attached double garage, covered porch, and south-facing back patio. Listing agent Gary Cirillo noted strong interest in the home, with 12 showings in three days and four offers. Despite a challenging spring market for bungalows, the sellers accepted an offer within $9,000 of their asking price. Cirillo highlighted the property’s unique selling points, including the separate basement entrance, which offers potential for an in-law suite or rental income. The sale reflects broader market trends, as similar properties in the area struggled to find buyers, with some sellers reducing prices. The transaction underscores the competitive yet cautious buyer sentiment in the Bolton real estate market.