1301 Derry used to be owned by a famous athlete. Then a dentist bought it for $2.8 million, and proceeded to lose it in a bank sale last year. It’s been lingering on the market, still being sold by the bank. I truly believe it’s because they’re not showing off the best features. Now it’s re-listed for a shade under $2.3 million in today’s list.
Meanwhile, the AVERAGE GTA home was selling for $526,000 back in April 2013, and in April 2016 it’s up to $752,000. Clearly, Derry is not following the market, which means it could be ripe for the picking. Full stats are available here.
Oh and we’re launching a townhouse for under $500k next week with a forest behind. If that’s something you’re looking for, let me know.