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PRICE DROP - 74 Elm Avenue - ROSEDALE

PRICE DROP - 74 Elm Avenue - ROSEDALE

This 4+1 bedroom, 6 bathroom house on a 34.5 x 124 foot lot at 74 Elm Avenue South Rosedale has been listed since October.

It is a flip that used to look like this...

It was a 3 bedroom, 3 bathroom house that could have used some work but was if good shape.  It sold for $1,550,000.

When I first posted the flip, it was listed as 3+1 bedrooms.  The house might be all new with a huge wall of glass at the back, but $2,900,000 for a 3 bedroom!?!

It didn't sell and a month later, the price was dropped, and there was another bedroom on the listing.  The new price was $2,825,000.

In March, the price was dropped again and a +1 bedroom was also added!  The new price was $2,795,000.

I thought the price was still too high, but if it really was a 4+1 bedroom, then it was closer to a $2,550,000 house....maybe even $2,650,000. 

Regardless of the pea gravel.

Doesn't that look awesome for a kid!?!

The house still hasn't sold and the price has been dropped again.

The new asking price is...

$2,699,000.

Getting closer!

listing

14 Mackenzie Crescent - BEACONSFIELD VILLAGE

14 Mackenzie Crescent - BEACONSFIELD VILLAGE

PRICE DROP #5 - 30 Rosedale Road - ROSEDALE

PRICE DROP #5 - 30 Rosedale Road - ROSEDALE