SOLD - 51 Armstrong Avenue - BLOORDALE

This house was listed at $419,900.

It is a 4 bedroom, 2 bathroom detached house on a 20 x 123 foot lot and 2 parking spots.  It is located in a neighbourhood that might be a little rough around the edges but is getting better and better.

So why is the Star freaking out about the fact that this house sold for almost $200,000 over ask!?!

It was clearly listed for a bidding war.  

And it got one.  Apparently this house had 40 offers.  I guess some people actually thought the asking price was what the owners were looking for and what the market was going to pay for it.

But clearly it wasn't.

If this had been actually priced properly at $545,000 and not blatantly looking for a bidding war,  they might have even got higher than the actual selling price.

This house sold for $601,500.

It probably could have sold for $625,000.

Unless of course your car got robbed while you were at the open house.....