The story of the sale of a three-bedroom bungalow in the Agincourt neighbourhood of Toronto is an interesting case study for anyone interested in the local real estate market. Notably, the sellers tested more than a dozen prices, even listing the property for a mere $1 at one point, before finally settling on a selling price of $920,000.

The Journey of 2 Emmeline Cres.

Located at 2 Emmeline Cres., this updated bungalow sits on an 85- by 65-foot corner lot. The property was initially listed at $1,288,000 in April, but over the course of several months, the asking price changed multiple times. In October, it dropped to an astonishingly low $1 in an attempt to attract buyers, before finally being sold for $920,000 in November.

The property spent a total of 177 days on the market, and the final sale price was notably lower than the original asking price. The sellers, who had hoped to fetch a price similar to another bungalow on a larger lot in the same street, had to contend with a changing market and rising competition.

Property Features and Renovations

The bungalow underwent extensive renovations, including a new roof, windows, and doors, and the addition of hardwood flooring in the bedrooms, living, and dining rooms. The main kitchen and two three-piece bathrooms were also remodelled. The property also features a double garage and a newly replaced furnace.

In addition to the main living areas on the ground floor, the basement houses an in-law suite, complete with a separate entrance, kitchen, recreation area, den, and two bedrooms. This extra living space could serve as a potential source of rental income or provide spacious accommodation for extended family members.

The Role of the Real Estate Agent

Nishan Kuganesaphavan, the listing agent from Citylite Realty Inc., played a pivotal role in the sale of this property. Despite the sellers’ high expectations and the fluctuating market conditions, Kuganesaphavan remained committed to finding a suitable buyer. The bungalow’s final selling price was in line with previous offers that the sellers had initially rejected, indicating a shift in their understanding of the market.

As this case illustrates, the process of selling a property can be complex and unpredictable, with various factors influencing the final sale price. For sellers, it’s essential to have a realistic understanding of the market and to work with an experienced and knowledgeable real estate agent.

Ethan Radcliffe

Ethan Radcliffe is a senior reporter and digital editor at The Toronto Insider, specializing in Canadian federal policy, GTA urban development, and national economic trends. With over a decade of experience in North American journalism, Ethan focuses on translating complex legislative and economic developments into clear, accessible reporting for Canadian readers. Ethan’s work emphasizes policy analysis, government accountability, and data-driven reporting, with a strong focus on how federal and provincial decisions impact communities across the Greater Toronto Area and beyond. He has covered infrastructure planning, housing policy, fiscal strategy, and regulatory changes affecting Canadian households and businesses. A graduate of Toronto Metropolitan University’s School of Journalism, Ethan brings expertise in investigative reporting, long-form analysis, editorial standards, and digital publishing best practices. His reporting is guided by verifiable sources, public records, and transparent sourcing. In addition to reporting, Ethan has experience in newsroom editing, fact-checking workflows, SEO-informed journalism, and audience analytics, ensuring stories meet both editorial integrity standards and modern digital discoverability requirements. Ethan is committed to objective, fact-driven journalism and adheres to established ethical guidelines, prioritizing accuracy, clarity, and public trust in all reporting.

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