Almost 2 weeks ago, I posted a 2 bedroom semi on a 17.17 x 78.75 foot lot at 65 Alcorn Avenue in Summerhill.

It was a nice, small house that had an older-ish kitchen and no finished basement. 

It was listed at $1,149,000 despite selling for (apparently) $847,000 only a year and a half ago with no changes since.

I thought it could sell closer to $1 million, but not at ask.  A reader thought I was nuts.

And now that this house is on the market...

She might be right.

This is also a 2+1 bedroom row house just on the other side of Yonge Street.  It only has 2 bathrooms versus Alcorn's 3 bathrooms, but the basement is finished (or partially finished) in this house.  It sits on 16 x 90 foot lot.

Sure, it's right across from the train tracks, but there is better parking on this street and it is arguably a nicer portion of the neighbourhood.

The asking price is $999,000.

Considering that the house at 30 Shaftesbury Avenue that needed updating (hope the renos are going well!)...

Sold for $975,000 two years ago...

This asking price doesn't seem so crazy.

UPDATE:  Thanks to the reader below who pointed out that they paid $745,000 for the house at 30 Shaftesbury...NOT $975,000.

So...either I am going crazy or...

Watching this first thing this morning was a mistake...

listing

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