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SOLD - 54 Winnifred Avenue - LESLIEVILLE, TORONTO

SOLD - 54 Winnifred Avenue - LESLIEVILLE, TORONTO

A couple of weeks ago, a few people sent in the listing for this 4+1 bedroom, 4 bathroom house on a 25 x 95 foot lot at 54 Winnifred Avenue in the Studio District area of Leslieville in Toronto.

It was a new build on a lot that used to look like this in 2017…

It was listed at $899,000 and sold for $885,000.

By 2019, the new build was done and it was put up for lease initially for $6,250 with a final lease rate of $5,750/month.

A little over a year later, it was on the market at the beginning of October for $2,379,000. The readers that sent it in wondered if the price might be a little high, especially being so close to Eastern Avenue.

But, even though this was a really good house that was really well staged, my concern for this house at that price wasn’t necessarily the proximity to Eastern. It was more about this…

54 Winnifred Ave 87.png

That is not a $2.4 million backyard.

And it seems that others agreed because after 11 days at that price, it was dropped to $1,999,000 which was a big drop.

A week later, the house sold…

For $2,200,000.

I wonder if the new owners are going to fix that back yard now.

listing, photos via housesigma.com

34 Grandview Avenue - RIVERDALE, TORONTO

34 Grandview Avenue - RIVERDALE, TORONTO

AND IT WENT FOR - 6 Marlow Avenue - EAST YORK, TORONTO

AND IT WENT FOR - 6 Marlow Avenue - EAST YORK, TORONTO