If you think the real estate market is hot in Montreal try this home in Toronto. This House sells for $620 000 over asking and in only two days.
This should answer everyone’s question about the real estate market. It’s HOT very hot!
The Toronto home is located in the Danforth neighbourhood and the street address is 17 Linnsmore Crescent. The house was listed March 9, 2021 for $1,599,000 and sold two days later for a jaw dropping price of $2,219,000.
It is a corner house with 5 bedrooms and three bathrooms. It was a open concept with a large amount of natural light, large bedrooms, finished basement apartment. Double car garage with two parking spots on the driveway.
The real estate agent said it is rare for a five bedroom to go up for sale in that area and this was the only one that has sold this year. The average price of homes listed in the GTA have just started to surpass $1,000,000 and they are expected to keep rising in price.