AND IT WENT FOR - 58 Birch Avenue - SUMMERHILL

A couple of weeks ago, I posted this 2+1 bedroom, 3 bathroom row house on a 14.67 x 138 foot lot with 2 parking spots at 58 Birch Avenue in Summerhill.

It was a flip that looked like this in September 2014...

When it was listed at $995,000.  According to the Globe and Mail Done Deals, it sold for $1,010,000.

And for a flip, it was a good one.

The asking price was $1,529,000. 

But considering that this was a row house and it was narrow,  I thought the asking price was a little high and I was thinking more like $1,355,000.

Then on second thought, I realized the 2 bedroom semi one street north at 110 Alcorn Avenue that was listed in 2012...

Had sold for $1,110,000...

And the semi down the street at 52 Birch Avenue...

Sold for $1,540,000 a little over a year ago...

Making it a $1,745,000 house now with an annual 10% increase.

So, maybe the asking price wasn't so far after all.

After 15 days on the market, this narrow row house sold...

For $1,517,000.

Just $12,000 underasking.