PRICE INCREASE - 139 Galley Avenue - RONCESVALLES, TORONTO
At the beginning of April, I posted this 3 bedroom, 4 bathroom house with a 2 car garage on a 20 x 128 foot lot at 139 Galley Avenue in Roncesvalles in Toronto.
It had been listed in 2011 for $989,700 with the listing saying this house was designed by Oomph Studio and built by Millworx, the people behind 72 Belvedere Boulevard…
And the house at 156 Windermere Avenue…
It was listed at $989,700 and sold for $1,141,100.
Two years later, it was back on the market for $1,199,000 before it was dropped to $1,145,000. It ended up selling for $1,145,000.
In April, it was back on the market for $2,099,000. I pointed out that was almost an annual compounded interest of about 10%.
It didn’t sell and it is now back on the market at a price increase…
To $2,299,000.