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PRICE DROP - 12 Macpherson Avenue #5 - SUMMERHILL

PRICE DROP - 12 Macpherson Avenue #5 - SUMMERHILL

Three weeks ago, I posted

this 4 bedroom, 4 bathroom, 4,250 square foot church conversion at #5 12 Macpherson Avenue in Summerhill.

It was a condo that I

first posted in June 2012 when the asking price was $3,250,000.  But it had already been on the market for a few years.  Here is the pricing history...

October 2010 - $3,995,000

February 2011 - $3,995,000

June 2011 - $3,695,000

June 2012 - $3,495,000

After I posted it in June, it went off the market (I think) and came back in 

September 2015 at $3,795,000.

It finally

sold in November 2015 for $3,586,000.

Annnnnd 6 months later, it was back on the market.

The asking price was $3,950,000...

Which was a 10% increase in only 6 months...

Then 2 days after I posted it,

Toronto Life wrote an article

pointed out that this house was currently the home of ScotiaBank's president and CEO, Brian Porter.

And I guess he really wants to sell for some reason because this house has already had a price drop.

The new asking price for this condo is...

$3,749,000.

Or a 5% increase for 6 months.  

PRICE DROP - 120 Inglewood Drive - MOORE PARK

PRICE DROP - 120 Inglewood Drive - MOORE PARK

SOLD - 81 Helena Avenue - WYCHWOOD

SOLD - 81 Helena Avenue - WYCHWOOD