PRICE DROP #2 - 161 Douglas Drive - ROSEDALE
This is a 6+1 bedroom, 5 bathroom house on a 45 x 118.37 foot lot at 161 Douglas Drive in North Rosedale.
It is a large house on a great street, but the layout is a bit strange.
The first floor could be opened up, but it will be a lot of work to do it. The upstairs just seems messed up with weird nooks and crannies.
But I felt like, if you could see past the paint colours, this house would show really well.
This house was first listed at $2,459,000.
Since the smaller, slightly dated house across the street at 178 Dougles Drive sold for $201,000 more in the summer, I couldn't figure out why this one hadn't sold.
Guess it needed more work than I thought.
It didn't sell and the price was dropped in a couple weeks later to $2,350,000.
Still no sale and the price has been dropped again...
To $2,195,000.
I am not sure what can and can't be done with this house considering that it 'heritage', but I am pretty sure a lot of internal work can be done as well as work to the back of the house.
Done right, this could easily be a $3+ million house (especially if this place gets anywhere near asking!).
I am still surprised it isn't selling.
