AND IT WENT FOR - 7 Ellerbeck Street - PLAYTER ESTATES, TORONTO
Last week, I posted this 4+1 bedroom, 5 bathroom house with a 1 car garage on a 35 x 107.75 foot lot at 7 Ellerbeck Street in the Playter Estates neighbourhood in Toronto.
It was a house that looked like this when it was last for sale in 2011…
Since then, it has been completely redone with a full addition at the back that received mixed reviews from readers.
In 2011, it was listed at $1,199,000 and sold for $1,100,000.
Eight years later, with an approximate 8% annual compounded interest, the house with no changes would be about $2,100,000 today.
It was listed at $2,900,000. I thought they were hoping for $3.3.
It sold…
For $3,500,000.
Someone liked that addition.