PRICE INCREASE #4 - 42 Delaware Avenue - DUFFERIN GROVE (2 Comments)
In January 2013, I posted this 4+2 bedroom, 4 bathroom house with a detached garage on a 45 x 137 foot lot at 42 Delaware Avenue in Dufferin Grove.
It was a great old house that had a sister house in Rosedale at 176 Crescent Road...
That house was fully renovated and was initially listed at $5,195,000. It sold in June 2015 for $4,530,000.
This house was a bed and breakfast called the Ashleigh Heritage Home and it looked like this on the inside...
It needed work.
It was initially listed at $1,950,000. I thought it would be better priced around $1,450,000...maybe $1,550,000.
It didn't sell and subsequently had a bunch of price changes. Here is the history...
October 2013 $2,250,000
March 2014 $2,150,000
April 2014 $1,950,000
December 2014 $2,350,000
April 2016 $2,850,000
Without selling, it is now back on the market with another price increase. The new asking price for this house is...
$2,950,000.
Or twice the amount I thought it would sell for in 2013.
