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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.