PRICE INCREASE - 17 Rebecca Street - TRINITY-BELLWOODS, TORONTO (2 Comments)
I'm not sure what they are thinking here.
Two weeks ago, I posted this 2 bedroom, 1 bathroom house on a 14 x 57.25 foot lot at 17 Rebecca Street just east of Ossington in Trinity-Bellwoods.
It was a house that I had posted previously in 2013 when it was listed at $599,900 before two price drops with the final price ended up somewhere around $529,900.
Since then, the floors were changed, the backyard and backdeck were redone, and wall mounted heaters had been added (apparently the only heat before was from the fireplace and a hole in the ceiling to let it go to the second floor).
Otherwise, there weren't a lot of other changes that I could see. And with no changes, at a 10% annual increase, that would make this house an approximately $850,000 house.
The asking price 2 weeks ago was $899,900 (a little more than the cost of floors and the back deck but not bad).
Then last week, they raised the price.
This house is now listed at...
$1,128,800.
