The roughly 10-year-old townhouse has a contemporary, two-storey design with an attached garage.Harvey Kalles Real Estate Ltd.
20 Claudview St., King City, Ont.
Asking price: $1,399,000 (March, 2025)
Selling price: $1,300,000 (May, 2025)
Previous selling prices: $1,335,000 (October, 2023); $1,325,000 (December, 2022); $968,000 (December, 2017); $534,504 (December, 2013)
Taxes: $6,247 (2024)
Days on the market: 46
Listing agent: Ira Jelinek, Harvey Kalles Real Estate Ltd.
The kitchen with an island and stainless steel appliances is adjacent to the open dining area.Harvey Kalles Real Estate Ltd.
The action
This three-bedroom townhouse about 50 kilometres north of downtown Toronto was posted for sale with an asking price a shade under $1.4-million less than a year and a half after the owner paid $1,335,000 for it. They fully expected buyers might push for an even lower price. Working with one of the home’s few visitors, they agreed to a sale price of $1.3-million – $35,000 less than what they had paid in 2023.
Real estate agent Ira Jelinek said the outcome had to be seen in the context of current market conditions.
“Real estate in that area does really well in a good market and holds its own in not such great markets,” said Mr. Jelinek. “Like if someone bought a condo in 2023, its [value] might be down 20 to 40 per cent. Here, they’re down maybe 2 per cent.”
Two of the home's four bathrooms have been newly renovated.Harvey Kalles Real Estate Ltd.
What they got
This roughly 10-year-old townhouse has a contemporary, two-storey design with an attached garage, a street-level entrance and a fenced-in backyard on a 25- by 118-foot lot.
Inside, there is an open dining area and a kitchen with an island and stainless steel appliances.
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The main floor offers two entertaining areas, including one with a fireplace and double doors to a covered deck.
The upper and lower levels provide additional study and recreation areas.
Laundry facilities are upstairs. There are four bathrooms, two of which have been newly renovated.
The upper and lower levels provide additional study and recreation areas.Harvey Kalles Real Estate Ltd.
The agent’s take
“It’s good for a downsizer or younger families,” Mr. Jelinek said.
The home is also close to a shopping centre, restaurants, a high-end grocery store, Starbucks and McDonald’s.