PRICE DROP - 88 Ellerbeck Street - PLAYTER ESTATES

This house in Playter Estates has had a price drop.

It was initially listed at $1,195,000.

I thought it would sell over based on the fact that the house across the street at 75 Ellerbeck sold for $1,205,000 and the house at 220 Riverdale sold for $1,280,000 (which is CRAZY).

It hasn't sold and they have dropped the price to $1,095,000.

As one reader pointed out, this house 'backs on to what appears to be commercial property or perhaps a place of worship, with the Broadview buses roaring along for the ride.'

And there is no parking.

Both very valid points and a good reason why this wouldn't sell for what they were asking, let alone over asking.

Now I have no idea.  $1,030,000.