This detached Toronto bungalow was sold for $800K — $100K less than it was bought for. The home was listed only five months after it was last bought last April, according to the listing history.
Warm-toned hardwood floors, recent upgrades and modern finishes adorn this two-bedroom-plus-den house in the northwestern part of Toronto.
The previous owners of the home bought it in April 2022 for $900,000. They sold it, only a year later, at a $100,000 loss. Litchmore weighed in on the factors that may have played a role in that outcome.According to Litchmore, the $800,000 selling price “is about right for similar-sized homes in the area.”
The house looks mostly unchanged compared to the listing that was used when it was bought in 2022, leading Litchmore to believe the owners weren’t trying to flip it for a profit.The last owners bought the house in April 2022 for $900,000, according to the listing history.
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