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PRICE DROP #8 - 360 Walmer Road - CASA LOMA

PRICE DROP #8 - 360 Walmer Road - CASA LOMA

This house at 360 Walmer Road has been listed for almost 2 years.

It was a new build on a 25 x 174.75 foot lot and this is what the house used to look like...

(It's kind of a better looking version of the house in my last post at 465 Palmerston Boulevard in Palmerston!)

They tore it down after it was listed in January for $1,199,000 and built a 4+1 bedroom, 5 bathroom house with a garage and another parking spot.

Sounds good.....but as I pointed out in my first post...

I think they planned this thing out so fast that they actually forgot to add a living room and dining room to the plans!

Which actually isn't much of a suprise when you consider that it is a Grey House, and it's not the only Grey House without a living room..

And as a reader pointed out, there was this at the front of the house...

A toilet right in front of the window.

Like the house on Briar HIll, this house has been having a hard time selling.

Here is the price history...

December 2012   $3,249,000

February 2013     $2,999,000

March 2013     $2,899,000

April 2013    $2,699,000

April 2013    $2,599,000

May 2013    $2,499,000

August 2013   $2,495,000

January 2014   $2,895,000

July 2014    $2,788,000

Why the increase in January?  Well, they built an addition....on a new build....to include an actual dining room!

But the toilet is still in front of the window.  And I just noticed this...

The wood of the garage door is saturated.  Is this a problem?

This house has had another price drop...

To $2,549,000.

That is a pretty good drop, but still don't think it is going to be enough.

141 Beaconsfield Avenue - BEACONSFIELD VILLAGE

141 Beaconsfield Avenue - BEACONSFIELD VILLAGE

SOLD - 465 Palmerston Boulevard - PALMERSTON

SOLD - 465 Palmerston Boulevard - PALMERSTON