98 Gough Avenue - GREEKTOWN, TORONTO
In 2014, I posted this 3 bedroom, 3 bathroom row house with 2 parking spots on a 17 x 130 foot lot at 98 Gough Avenue just north of the Danforth in Greektown.
It was a really good house except I wasn’t crazy about the pea gravel backyard.
It was listed at $989,000. I thought it would sell closer to $1,250,000…maybe more. It sold for $1,275,000.
It is now back on the market. With a 10% increase, the price would now be a $1,920,000.
The actual asking price is…
$1,488,000.
An annual 4% increase!
So, they either think they overpaid in 2014 or are hoping for a bidding war.