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PRICE DROP - 155 Madison Avenue - ANNEX, TORONTO (2 Comments)

A little over a month ago, I posted this 5+1 bedroom, 6 bathroom semi on a 24.88 x 121 foot lot with 2 parking spots at 155 Madison Avenue in the Annex.

It was a fully renovated house that I had originally posted in February 2013, I posted a 4 bedrooms and 4 bathrooms and looked like this...

I thought at the time that it could be amazing with the right renovation.

And, the renovation is good.

It's not exactly how I was picturing it and I think I would switch the living room and dining room, especially with a family.

But it was a good house.  I just wasn't sure about the price.

When I posted it in 2013, it had been listed at $1,395,000 and had sold just under that ask.  Without a reno, that price today would be about $2,275,000.

The asking price with the reno was...

$4,499,000.

Maybe a little high.

And it looks like it was.  This house has now had a price drop.  The new asking price for this house is...

$4,299,000.

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