This place sold for 148% of asking.

YES!

148%!!!!

UPDATE:  There were also 15 offers!!

Clearly, who ever paid $1,375,000 for this Globe and Mail Done Deal isn't planning on living in this place as it is.  They are either a flipper or a family that saw a great opportunity for a nice home. 

This Hillcrest Casa Loma neighbourhood has been seeing a slow revitilization over the last 10 years.  But 10 years ago, this place would have sold in the $600,000s.  Now the revitilazation is fast a furious and a place like this, once gutted, and if done properly, will probably be worth $1,900,000.  I can't see it being much more because it isn't a long lot so there is no room for an extension and the backyard is small.

So, this must be a family because if it is a flipper, they didn't do their math.  Unless they are doing a cheap flip!

Whoever bought it, I am assuming they aren't going to keep that family room/bathroom with the yellow couch.

Or the tile in the kitchen.  Where did that come from!?!

And they better not use that wrought iron and wood railing...

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