The Greater Toronto Area (GTA) real estate market is known for its dynamism and competitive nature, but February brought about some surprising trends as several houses sold below their initial asking prices. Whether due to market fluctuations, strategic pricing, or other factors, these 10 homes caught the attention of savvy buyers looking for a good deal.
- View homes for sale in Toronto.
35 Belcourt Rd – Toronto
Property details:
- Detached
- 3 beds, 2 baths, 1 parking
- Walking score 93/Transit score 75
This charming home, located in the desirable Maurice Cody School District, recently sold for almost $70,000 below its initial asking price. The residence seamlessly combines classic charm with modern convenience, boasting a beautifully bricked porch and meticulously landscaped frontage. Inside, the house features a blend of historical allure and contemporary updates, providing ample room for future customization.
View the listing and price here.
54 Montrose Ave – Toronto
Property details:
- Semi-Detached
- 3 beds, 4 baths, 2 parking
- Walking score 92/Transit score 91
This extensively renovated semi, spanning over 2,000 sq ft with a 2-car garage, sold for approximately $130,000 below its asking price. The substantial $700,000 investment in renovations included new hardwood and porcelain flooring, raised ceilings with square pot lights, a modern electric fireplace, a gourmet kitchen with high-end integrated appliances and an oversized waterfall island, and luxurious features such as curbless showers, vessel sink vanities, and illuminated mirrors in all bathrooms.
View the listing and price here.
1447 Santa Rosa Crt – Mississauga
Property details:
- Detached
- 4 beds, 7 baths, 10 parking
- Walking score 64/Transit score 51
This generously upgraded double-car detached house with a massive 96 ft front lot sold for approximately $300,000 less than its asking price. The property features formal living, dining, and family rooms, as well as a spacious office, while the basement offers a sauna/gym setup, a home theatre, and a legal basement apartment with a separate entrance.
View the listing and price here.
1707 – 335 Rathburn Rd W – Mississauga
Property details:
- Condo
- 2 beds, 2 baths, 2 parking
- Walking score 84/Transit score 83
This bright and spacious condo unit in the heart of Mississauga, featuring 2 bedrooms plus a large den, sold for around $30,000 less than its asking price. The unit offered rare amenities such as two parking spots and a locker, with a layout that included a generously sized master bedroom with a walk-in closet and ensuite bathroom.
View the listing and price here.
50 Sunset Blvd – Brampton
Property details:
- Detached
- 4 beds, 3 baths, 4 parking
- Walking score69/Transit score 59
Despite its beautiful condition and meticulous care, this well-maintained home sold for approximately $100,000 less than its asking price. The property, located within a 15-minute walk to Brampton GO Station, featured notable renovations such as quartz countertops, backsplash, valance trim with lighting, and other kitchen upgrades. The living and dining areas boasted hardwood floors and custom blinds, creating an inviting space for entertaining. The finished basement included storage and a cold cellar.
View the listing and price here.
1 Berringer Grve – Brampton
Property details:
- Detached
- 3 beds, 4 baths, 2 parking
- Walking score 68/Transit score 63
This upgraded home, located minutes away from Sheridan College and Highway 407, sold for around $50,000 less than its asking price. Boasting 3+1 bedrooms, 3.5 baths, and 1968 sqft of living space, the property featured modern amenities such as new HVAC equipment, laminate flooring, and a gourmet kitchen with stainless steel appliances and quartz countertops.
View the listing and price here.
11 Barnfield Cres – Ajax
Property details:
- Detached
- 5 beds, 4 baths, 4 parking
- Walking score 24/Transit score 34
This highly desirable 2.5-story home in Central East Ajax, featuring 5 bedrooms, 4 bathrooms, and a double garage, sold for nearly $125,000 less than its asking price. The property boasted hardwood flooring throughout the main floor, exquisite quartz countertops, radiant pot lights, and a unique, expansive loft.
View the listing and price here.
1204 – 2 Westney Rd N – Ajax
Property details:
- Condo
- 3 beds, 2 baths, 2 parking
- Walking score 75/Transit score 52
This renovated corner unit, offering tranquility and stunning 180-degree views, sold for $30,000 less than its asking price. The move-in ready property featured 3 bedrooms, 2 full baths, 2 parking spots, and 1 locker, with picture windows in the living/dining area and all bedrooms. Located just minutes from the 401 and the GO train station, the well-maintained building offered amenities such as an outdoor pool, BBQ area, exercise room, and sauna.
View the listing and price here.
58 Bernbridge Rd – Markham
Property details:
- Detached
- 3 beds, 4 baths, 6 parking
- Walking score 32/Transit score 37
This meticulously upgraded home in Markham’s Box Grove community sold for a staggering $120,000 less than its asking price, despite boasting over $270,000 in upgrades. The open-concept layout of the main floor was thoughtfully updated with modern design elements and functionality, highlighted by a stunning white kitchen overlooking a two-story great room. The low-maintenance backyard, resembling a private resort, featured two composite decks, a stone patio, a hot tub, a gazebo, and accent lighting, all backing onto a protected green space.
View the listing and price here.
229 Williamson Rd – Markham
Property details:
- Detached
- 3 beds, 3 baths, 3 parking
- Walking score 70/Transit score 51
This bright and spacious corner-lot house in Greensborough sold for $70,000 less than its asking price, presenting a compelling opportunity for buyers. The property featured freshly painted interiors, hardwood floors throughout, and a fully updated kitchen with modern fixtures. With a large backyard and ample natural light, the home offered a cozy atmosphere for residents.
View the listing and price here.
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