Doug Ford relists his house for $400K less as Ontario real estate market weakens

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Doug Ford put his Etobicoke home up for sale on July 15 with an asking price of just under $3.2 million. But that listing was terminated on Monday and the premier has now relisted the property at $2,800,888.

Doug Ford put his EtobicokeThe primary bedroom of the home has a balcony that overlooks the pool.

It’s an increasingly common tactic in a real estate market that has now seen four consecutive months of price declines amid an aggressive interest rate hiking cycle by the Bank of Canada.across the GTA have increased by 643 per cent since the start of the year.” housing correction which could see average house prices in Ontario drop by 14 per cent from their February peak.

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Maybe SylviaJonesMPP can tweet the home is for sale? She seems to tweet about everything else except the hospital crisis which IS HER JOB & RESPONSIBILITY

How is this “news”? 🙄

fordnation - $2.8 is to low. Take it off The market. Pull some equity out and renovate the cottage. Then in the next market upswing you will get Easy 3.5-3.6 million.

Who cares?

sounds like he is looking for a foreign buyer looking at the lucky numbers 🧧, no surprise

fordnation - this is not the time to sell. Rates are going up again. What until the next upswing. Just pull out big equity and renovate the cottage.

Make on offer with it furnished, the mattresses and couch cushions are stuffed with cash.

Guys just gonna live at the cottage now.

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Doug Ford relists his house for $400K less as GTA real estate market continues to weakenIt is a tough time to be selling a house, even for the premier of Ontario. Bubble bursted a long time ago on that place too much renovation upkeep....😏 ONpoli Losing 12% of in 2 weeks? Now he knows how every nurse in Ontario feels.
Source: CP24 - 🏆 30. / 67 Read more »

Doug Ford relists his house for $400K less as GTA real estate market continues to weakenIt is a tough time to be selling a house, even for the premier of Ontario. Bubble bursted a long time ago on that place too much renovation upkeep....😏 ONpoli Losing 12% of in 2 weeks? Now he knows how every nurse in Ontario feels.
Source: CP24 - 🏆 30. / 67 Read more »