Why ? Because where else can you find things like this one … ?
North Toronto āfixer upperā gets 72 offers, goes for 195 per cent of asking
Spring real estate market has sprung: House goes for $1.3 million ā almost double its $699,000 list price
Boys, this is only a ‘fixer upper’, and for those who are not sure what these two words mean … It means this is a rundown crappy rotten unsafe inhabitable junk that no insurance company willĀ likely want to insure … Okay, simply, it’s not a “home”.
SUE PIGG / TORONTO STARĀ
This five-bedroom fixer upper on Glencairn Ave. in the Yonge and Lawrence area attracted a record 72 offers Sunday night and sold for almost double its lowball $699,000 list price.
As bidding wars go, it was the ultimate battle and a warning for frantic buyers bracing forĀ spring market: A five-bedroom detached house in the Yonge and Lawrence area has sold for almost double its $699,000 list price, with 72 offers.
āWe expected in the $1.1 million range, but the market pushed it,ā said listing agent Bradley Hutton, who sold the Glencairn Ave. house for $1.366 million, about 195 per cent of list price.
āThere are a lot of buyers out there desperate to find a house. Itās definitely a sellersā market.ā
Real estate offices were abuzz with news of the sale Monday, with many realtors highly critical of two things: That the house was underlisted by at least $400,000, and that the winning bidder was one of Huttonās own clients.
Read more atĀ http://www.thestar.com/
Anyone out want to buy my junk ? Mine is a better junkĀ with an integral garage, I’d let it go for $1.3m even.
