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AND IT WENT FOR - 110 Benson Avenue - WYCHWOOD

AND IT WENT FOR - 110 Benson Avenue - WYCHWOOD

This is a 2+1 bedroom, 3 bathroom semi on a 20 x 110 foot lot with 2 parking spaces at 110 Benson Avenue in Wychwood (or Hillcrest).

I first posted it in 2012 when it was listed at $899,000.

It sold then for $980,000.

Two and a half years later, it was back on the market for $1,299,000.

With a compounded interest of 10%, the price should have been $1,245,000 so I thought this was high.  And with still only 2 bedrooms and the furniture of the previous owner gone (not that this furniture was bad, just not as good)...

It wasn't going to sell for ask.  But I didn't think it was too far off.

The price was dropped in mid-May to $1,170,000.  I thought that was a better price.

But it still didn't sell.

It has now finally sold...

For $1,094,000.

Or at a compounded interest of 4.5%.

SOLD - 130 Glen Road - ROSEDALE

SOLD - 130 Glen Road - ROSEDALE

PRICE DROP - 59 Heath Street East - DEER PARK

PRICE DROP - 59 Heath Street East - DEER PARK