Price reduction pushes sale for Vaughan Bungalow

DONE DEAL Price reduction pushes sale for Vaughan Bungalow SYDNIA YU VAUGHAN, ONT. SPECIAL TO THE GLOBE AND MAIL PUBLISHED YESTERDAY Open this photo in gallery: The three-bedroom house has an attached, double garage and a private driveway on the 49-by 98-foot lot. REALTY EXECUTIVES PRIORITY ONE LTD. COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. 10 Bottero Dr., Vaughan, Ont. Asking price: $1,299,000 (July, 2026) Previous asking price: $1,349,000 (May, 2026) Selling price: $1,275,000 (July, 2026) Previous selling prices: $295,655 (January, 2003); $115,000 (May, 2002) Taxes: $5,888 (2025) Days on the market: zero Property days on market: 76 Listing agent: Gary Cirillo, Realty Executives Priority One Ltd. Open this photo in gallery: The more than 20-year-old home features a living room with a fireplace. REALTY EXECUTIVES PRIORITY ONE LTD. The action This three-bedroom house was one of a half-a-dozen bungalows for sale this spring in the north end of Vaughan, a few kilometres east of Highway 400. Two potential buyers made clear their interest but said they needed to sell their own properties before they could proceed. “Several prospective buyers were waiting to sell their existing homes before moving forward, while one couple had an offer on their property and was expected to proceed once their sale became firm,” said agent Gary Cirillo. “I held off on reducing the price while waiting for those potential buyers to make a decision.” Eleven weeks later, in July, the first written offer finally emerged, but was rejected as inadequate. In response, the home was relisted with a new asking price below $1.3-million. The same buyer immediately raised their offer to $1,275,000. “I recommended reducing the asking price by $50,000 to generate renewed interest, create a sense of urgency in the market, and encourage the existing buyer to improve their offer,” Mr. Cirillo said. “That was basically accomplished the next morning.” Open this photo in gallery: The eat-in kitchen has an exit to a walkway and gated yard. REALTY EXECUTIVES PRIORITY ONE LTD. What they got This more than 20-year-old house has an attached, double garage and a private driveway on the 49-by 98-foot lot. It has a living room with a fireplace, a dining room and an eat-in kitchen with an exit to a walkway and gated yard. There are two full bathrooms, including a primary ensuite. The…