31 Maclennan Avenue - ROSEDALE, TORONTO

This is a 4+1 bedroom, 5 bathroom house with 1 garage and 3 parking spots on a 40 x 100 foot lot at 31 Maclennan Avenue in Rosedale in Toronto.

It is a house that looked like this when it was last listed in 2014…

Since then, they have painted the outside, landscaped the front and back yards, replaced the floors on all levels with light, white oak, replaced the wooden bannister with a black, iron bannister, and opened and replaced the kitchen. When I went through the photos and saw this bathroom…

I thought they had also done the washrooms but they were done before he 2014 sale.

Overall, it is a really nice house. I would prefer the sink to be on the island but it is a great kitchen with lots of storage. And I am not sure about that sunroom on the side of the house. It seems like it would be freezing in the winter and boiling in the summer but I could be wrong. But to me, it just seems like a waste of space.

Otherwise, it’s a great house that shows really well and I want to know where they got this couch…

And this chair…

It was listed for $1,595,000 in 2014 and sold for $1,600,000.

New floors, a new kitchen, a new bannister, a new yards, and six years later…

It was listed in October for $4,200,000.

So, at an annual 7% compounded interest, without the renos, this would be about a $2,500,000 house and despite how nice the changes are, they weren’t $1.7 million worth of changes.

It didn’t sell and the price has now been dropped…

To $4,095,000.

That still seems high to me but considering the neighbour at 25 Maclennan Avenue…

That I thought was WAY overpriced at $4,650,000 and was probably more of a $3.5 million house actually sold for asking in 2018…

Maybe this isn’t so high after all.