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Tag138% of list

2 sales in GTA this weekend went for 128% and 138% of List price!!

home-prices-up

Wow, who said the housing market was slowing down?   Check this out..  2 sales from this past weekend in Toronto show the market is red hot!

455 Manning St Feb 20-14 sale

This house at 455 Manning St is located in the College and Bathurst area of Toronto.  It was listed for sale at $749,900.   And it sold for whopping $1,035,000 or 138% of list price!   This is a 2.5 storey semi-detached home with a 19′ x 126′ lot.   Wait, it gets better.   The description says, and I quote “Attention Renovators/Investors/Handymen”.   A quick look at pics inside leave much to be desired.   This place is need of some serious home improvements.    All I can say is WOW!

362 Lippincott st feb 22 -14 sale

How about this one at 362 Lippincott Street located in the Bathurst and Bloor area of Toronto.   Listed at $895,001 and selling for $1,150,000.  That’s 128% of list price.   The lot is 17′ x 101′.   This is a 100 yr old semi-detached Victorian with major updates and renos.   It certainly looks nicer than the first.   But selling for 128% of list price?   I’ll repeat myself, WOW!! Continue reading “2 sales in GTA this weekend went for 128% and 138% of List price!!”