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SOLD - 170B Markham Street - LITTLE ITALY, TORONTO

SOLD - 170B Markham Street - LITTLE ITALY, TORONTO

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It was one of the densification condos that was done by the Green Couch developers (not their real name). I had first posted it's mirror image that was a 3 bedroom, 3 bathroom condo with 1 parking spot at #B 110 Palmerston Avenue in Trinity-Bellwoods in 2015 when the asking price was $979,000 and before it was increased to $999,000. It sold for $985,000.

In mid-April, the one above that was exactly the same came on the market for $1,629,000. It sold for $1,665,000, or about a 16% increase.

What I didn’t realize was that this Green Couch condo, the first of these developments, had also gone on the market a week earlier.

It was also a 3 bedroom, 3 bathroom house and I first posted it in 2014 when the asking price was $1,259,000…

Which was interesting because its mirror image at 170A Markham Street had sold a few months earlier for $1,200,000. Two years later in 2016, it was back on the market for $1,327,000 but didn’t sell. Then it was on the market a year later in 2017 for $1,580,000 with this listing video…

It sold for $1,610,000.

This place sold for $1,230,000 in 2014.

At the beginning of April, it was back on the market for $2,100,000…

It sold for $1,900,000.

Or a 9% annual increase.

Good god, lemon.gif

That seems like a lot of turnover…

But the prices are clearly staying strong for these units.


photos via housesigma.com

AND IT WENT FOR - 643 Carlaw Avenue - RIVERDALE, TORONTO

AND IT WENT FOR - 643 Carlaw Avenue - RIVERDALE, TORONTO

PRICE DROP - 305 Crawford Street - TRINITY-BELLWOODS, TORONTO

PRICE DROP - 305 Crawford Street - TRINITY-BELLWOODS, TORONTO