While it doesn't seem like Toronto's real estate market will cool down any time soon, it doesn't always mean every house is going to sell over its asking price. This one-bedroom, one-bathroom townhouse in a converted mansion near Sherbourne and Wellesley streets has a great renovated kitchen, hardwood floors, and crown mouldings. The home stayed on the market for over a month, though, and sold for $55,000 under asking. [Globe]
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