PRICE DROP #2 - 42 Delaware Avenue - DUFFERIN GROVE
It is currently set up as a triplex.
It is a beautiful old house that looks similar to the house I posted yesterday at 55 St. Andrews Gardens in Rosedale and the house at 171 Indian Road in Roncesvalles (that someone pointed out looks a lot like St. Andrews).
55 St. Andrews was a move in house though could also use some work and 171 Indian Road was a gutter.
They sold for $1,915,000 and $1,243,000 respectively.
When I first posted this tired/run down triplex at 42 Delaware, it was listed at $1,950,000.
I thought it was a beautiful house with tons of potential but that it was overpriced. I thought perhaps $1,450,000...maybe $1,550,000 was a better price.
A year later, I think it should be closer to $1,625,000.
Which is why it was confusing that the raised the price when the brought it back on the market in the fall after not selling.
The new price was $2,250,000.