76 Macpherson Avenue - SUMMERHILL, TORONTO
This is a 4 bedroom, 5 bathroom house with a garage on a 25.42 x 120 foot lot at 76 Macpherson Avenue in the Summerhill neighbourhood in Toronto.
It’s a house that was built in 2007 and I remember when it sold, I think the final price was somewhere around $2 million which felt like A LOT at the time.
Because of high price (at the time), I have always been curious to see inside.
It is now for sale and it is a really good house. The reno may be 10 years old but it still looks great. The only thing I would change would be the tile on the first floor. I assume it is a heated floor but I am not crazy about tiled living spaces.
And the backyard could use a little work.
Otherwise, it is a great house.
But it has been on the market for over a month.
Considering I think this house sold around $2 million 10 years ago, the price at a 10% increase would now be almost $5.2 million.
The asking price is $4,950,000.
So, the price doesn’t seem so far off especially considering this is Summerhill, a neighbourhood that never really saw a slump.
So, why is it not selling? Is it that backyard? Might be.