Advertisement
Canada markets closed

  • S&P/TSX

    21,656.05
    +13.18 (+0.06%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • DOW

    37,753.31
    -45.66 (-0.12%)
     

  • CAD/USD

    0.7270
    +0.0007 (+0.09%)
     

  • CRUDE OIL

    82.92
    +0.23 (+0.28%)
     

  • Bitcoin CAD

    84,837.90
    -3,022.12 (-3.44%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • GOLD FUTURES

    2,388.60
    +0.20 (+0.01%)
     

  • RUSSELL 2000

    1,947.95
    -19.53 (-0.99%)
     

  • 10-Yr Bond

    4.5850
    -0.0740 (-1.59%)
     

  • NASDAQ futures

    17,718.75
    +60.25 (+0.34%)
     

  • VOLATILITY

    18.21
    -0.19 (-1.03%)
     

  • FTSE

    7,847.99
    +27.63 (+0.35%)
     

  • NIKKEI 225

    38,090.87
    +129.07 (+0.34%)
     

  • CAD/EUR

    0.6805
    +0.0003 (+0.04%)
     

Toronto home sells for $1 million over asking price

  • <p>The home is part of a row of townhouses dubbed “The Brownstones of Yorkville.” (Royal LePage/BizzImage) </p>
    1/13

    This Toronto home sold for $1 million over asking

    The home is part of a row of townhouses dubbed “The Brownstones of Yorkville.” (Royal LePage/BizzImage)

  • <p>The living room has a gas fireplace. (Royal LePage/BizzImage) </p>
    2/13

    This Toronto home sold for $1 million over asking

    The living room has a gas fireplace. (Royal LePage/BizzImage)

  • <p>The dining room is open concept, allowing free access from the living area. (Royal LePage/BizzImage) </p>
    3/13

    This Toronto home sold for $1 million over asking

    The dining room is open concept, allowing free access from the living area. (Royal LePage/BizzImage)

  • <p>The fully-equipped kitchen has a combined breakfast area. (Royal LePage/BizzImage) </p>
    4/13

    This Toronto home sold for $1 million over asking

    The fully-equipped kitchen has a combined breakfast area. (Royal LePage/BizzImage)

  • <p>The master bedroom on the second floor has plenty of room for relaxing. (Royal LePage/BizzImage) </p>
    5/13

    This Toronto home sold for $1 million over asking

    The master bedroom on the second floor has plenty of room for relaxing. (Royal LePage/BizzImage)

  • <p>The six-piece master ensuite has a spa-like feel. (Royal LePage/BizzImage) </p>
    6/13

    This Toronto home sold for $1 million over asking

    The six-piece master ensuite has a spa-like feel. (Royal LePage/BizzImage)

  • <p>Laundry is located on the second floor, conveniently close to the bedrooms. (Royal LePage/BizzImage) </p>
    7/13

    This Toronto home sold for $1 million over asking

    Laundry is located on the second floor, conveniently close to the bedrooms. (Royal LePage/BizzImage)

  • <p>The second bedroom has a walk-out to the balcony. (Royal LePage/BizzImage) </p>
    8/13

    This Toronto home sold for $1 million over asking

    The second bedroom has a walk-out to the balcony. (Royal LePage/BizzImage)

  • <p>The second floor has a “semi-ensuite” bathroom. (Royal LePage/BizzImage) </p>
    9/13

    This Toronto home sold for $1 million over asking

    The second floor has a “semi-ensuite” bathroom. (Royal LePage/BizzImage)

  • <p>On the lower level, you’ll find a spacious recreation area. (Royal LePage/BizzImage) </p>
    10/13

    This Toronto home sold for $1 million over asking

    On the lower level, you’ll find a spacious recreation area. (Royal LePage/BizzImage)

  • <p>The lower level also has a four-piece bathroom. (Royal LePage/BizzImage) </p>
    11/13

    This Toronto home sold for $1 million over asking

    The lower level also has a four-piece bathroom. (Royal LePage/BizzImage)

  • <p>You can use this space on the lower level as an office space, or as an additional bedroom. (Royal LePage/BizzImage) </p>
    12/13

    This Toronto home sold for $1 million over asking

    You can use this space on the lower level as an office space, or as an additional bedroom. (Royal LePage/BizzImage)

  • <p>The outdoor space also has access to the garage. (Royal LePage/BizzImage) </p>
    13/13

    This Toronto home sold for $1 million over asking

    The outdoor space also has access to the garage. (Royal LePage/BizzImage)

<p>The home is part of a row of townhouses dubbed “The Brownstones of Yorkville.” (Royal LePage/BizzImage) </p>
<p>The living room has a gas fireplace. (Royal LePage/BizzImage) </p>
<p>The dining room is open concept, allowing free access from the living area. (Royal LePage/BizzImage) </p>
<p>The fully-equipped kitchen has a combined breakfast area. (Royal LePage/BizzImage) </p>
<p>The master bedroom on the second floor has plenty of room for relaxing. (Royal LePage/BizzImage) </p>
<p>The six-piece master ensuite has a spa-like feel. (Royal LePage/BizzImage) </p>
<p>Laundry is located on the second floor, conveniently close to the bedrooms. (Royal LePage/BizzImage) </p>
<p>The second bedroom has a walk-out to the balcony. (Royal LePage/BizzImage) </p>
<p>The second floor has a “semi-ensuite” bathroom. (Royal LePage/BizzImage) </p>
<p>On the lower level, you’ll find a spacious recreation area. (Royal LePage/BizzImage) </p>
<p>The lower level also has a four-piece bathroom. (Royal LePage/BizzImage) </p>
<p>You can use this space on the lower level as an office space, or as an additional bedroom. (Royal LePage/BizzImage) </p>
<p>The outdoor space also has access to the garage. (Royal LePage/BizzImage) </p>
Tori Floyd
·Editor

It’s no secret that the real estate market in Toronto is out of control, but this latest ‘sold over asking’ case is shocking nonetheless.

A three bedroom, three-and-a-half bathroom townhouse on Davenport Rd. in Toronto recently sold for $1 million over its asking price.

Originally listed at a very respectable $1,995,000, the home sat on the market for one week before selling for $3 million.

According to blogTO, the fully finished home with roomy bedrooms and bathrooms is a bit of a rarity in Toronto’s current market, especially since it’s also a relatively new home, built in 2000. But for an attached home with limited outdoor space, the price tag is still somewhat surprising.

Click through to see more of the $3 million townhome.