PRICE DROP #3 - 107 Marlborough Avenue - SUMMERHILL

Surprise!!!

The flipped semi in Summerhill that was delisted 12 days ago is back on the market with a price drop!  

It was initially listed in May for $1,839,000 which was crazy.  I thought it was maybe a $1,539,000 house.

After not selling, they dropped the price a few weeks later to $1,799,999.  A $39,001 price drop wasn't going to do much.

And it didn't.  The price was dropped again in July to $1,739,900.  

Well, that didn't work so they took the listing down.  I suspected it would be up again in a week for $1,699,999.

It is now listed at $1,689,000.

This is not boding well for the $1,995,000 row house with no yard or parking just on the other side of Yonge at 87 Summerhill Avenue! 

(That must be a type right?  I think they actually meant $1,199,500!)