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.