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Welcome to the MASH where we gossip about current real estate listings.

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87 Gloucester Street - CHURCH AND WELLESLEY (1 Comment)

87 Gloucester Street - CHURCH AND WELLESLEY (1 Comment)

This is a 3 bedroom, 4 bathroom semi on a 25.04 x 102.12 foot lot at 87 Gloucester Street in the Church and Wellesley neighbourhood in Toronto.

It is a house that looked like this when it was last listed in 2015 (Note: lots of photos)…

It was listed at $1,395,000 and sold for $1,280,000.

From the looks of the before pictures and the current pictures, it doesn’t seem like there have been a lot of changes, if any. But it is still a beautiful Victorian with a lot of original character and some may see it as a benefit that you can see who is at the front door while lying in your bed on the second floor.

In August, 4 years after the last listing and no changes it came back on the market for…

$3,495,000.

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That’s an almost 30% annual compounded interest increase.

Unsurprisingly, it didn’t sell and the price was dropped last month…

To $3,295,000.

Or about a 27.5% annual increase.

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P.S. I normally don’t pay attention to listing agents (no offence but it is more about the house for me) but I couldn’t ignore that this listing agent is the husband of the former cast member of The Real Housewife of Toronto, Kara Alloway…

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And if the same goes about betting against her husband, perhaps they will get this price.

But unless dolphins ate my brain

I’m thinking a selling price of an almost 30% increase in compounded annual interest may be a little hard.

listing, photos via housesigma.com , before photos via leadingimage.ca

13 Bellwoods Avenue - TRINITY-BELLWOODS, TORONTO (3 Comments)

13 Bellwoods Avenue - TRINITY-BELLWOODS, TORONTO (3 Comments)

AND IT WENT FOR - 47 Shudell Avenue - THE POCKET, TORONTO

AND IT WENT FOR - 47 Shudell Avenue - THE POCKET, TORONTO