AND IT WENT FOR - 17 Albemarle Avenue - RIVERDALE
At the beginning of June 2015, I posted a 3 bedroom, 4 bathroom house on a 44.77 x 110 foot lot at 1 Albemarle Avenue...
It was a good looking house that was the home of Gord Downie of The Tragically Hip (not sure where he moved to)...
The house was on a wide lot but, for a 3 bedroom house, I thought the asking price of $2,495,000 was a little high.
It didn't sell and 2 weeks later, this 5 bedroom, 2 bathroom detached house with a 2 car garage on a 20 x 144 foot lot was listed down the street at 17 Albemarle Avenue.
It was a house that needed a LOT of work and, according to my post last year, had something weird on the back porch...
(I have no idea what I was talking about!)
The asking price was $1,195,000.
Even though it was on a lot that was less than half the size and needed a ton of work, I thought it would sell fast.
Downie's house sold in November 2015 for $2,230,000 after a price drop in October to $2,249,000 (that had a pretty good listing video).
And on Wednesday, over a year after being initially listed, this house was back on the market for $1,249,000.
It sold in 1 day for...
$1,360,170.