7 Playter Boulevard - PLAYTER ESTATES
Is this crazy?
I think it might be crazy.
This is a 4+1 bedroom, 5 bathroom house on a 35 x 110 foot lot with a detached garage and 4 parking spaces at 7 Playter Boulevard in Playter Estates.
It is a flip that used to be a 6 unit multiplex that netted $48,000/year.
Here are the before photos...
It has now been converted into a single family home and this is what it looks like in the streetview...
So, it's a large house that has been done top to bottom.
But is it a $3,495,000 house!?!
That's right.
$3.5 million dollars.
When it was the multiplex, it was listed in June 2013 for $1,499,000.
I'm guessing that 2 years ago, this didn't sell much over asking...maybe $1.6.
Earlier today, I posted a house at 43 Hogarth Avenue in Riverdale...
That was not as up-to-date as this house, but was more than livable. It sold last week for $2.5 (or so).
So, is this house worth $1 million more?
Though they did a great job with the flip.....this isn't a $2 million dollar reno.
And though this is a good sized lot, it is quite close to the Danforth...
And it doesn't compare to the yard or lot of 43 Hogarth.
So, is this going to sell for ask?
I don't think so. I'm thinking closer to $2,850,000...maybe.
P.S. I want to see what's going on in this house at 34 Playter Crescent*...
