Tuesday, January 26, 2016

Crazy House Sale - Toronto Real Estate Story

In my North York area - there was a detached house that was bought in 2015 for ~$776,500. 

Under heavy renovations and relisted for sale at end of Jan 2016 - listing price of $1.2M with immediate for sale price of $1.35M. 

The auction finished today and sold for ..... $1.35M.

Difference = $570k. WOW

Notes about the renovation:
  • Redid 4 bathrooms and flooring with new kitchen electronics
  • They didn't provide the washer and driver for some reason ...
  • new floors with new base boards (seems like something i can do myself)
  • New paint job and outlet switches to white
  • The kitchen tiles were spotty since they didn't use the spacers x to tile it probably ... (my negative note)

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