Top price of the year involved 55 Belvedere Place, one of the sections of the former Noah Timmins mansion which was split apart in 1962, which changed hands for $5.25 million, less than the other section of the massive building, at 65 Belvedere Place, which sold for $5.6 million in September, 2006. That price was the only sale above $4 million last year, with the next-highest price involving 4334 Westmount Avenue, corner Argyle Avenue, which sold for $3.8 million.
The lowest price in 2007 was registered in the $379,000 sale of 6 Burton Avenue, the only sale last year below $400,000, while close by one of the new townhouses at 4860 St. Catherine Street brought the next-lowest price, $415,000. Both sales were registered in February. The Burton avenue sale was 15 per cent lower than its municipal evaluation, but that was not the biggest markdown of the year; that involved 4337 Westmount Avenue which sold for $900,000, some 26 per cent lower than its tax assessment.
