PRICE DROP - 126 Sandringham Drive - ARMOUR HEIGHTS

This bungalow on a huge 90 x 370 foot lot in Armour Heights has been on the market since February 5.

It was initially listed at $3,250,000.

There was a price drop that I missed on February 28 to $2,950,000.

A few weeks ago, it dropped again.

It is now listed at $2,690,000.

Considering that this house at 117 Glen Road in Rosedale with a similar sized lot just sold for $3,218,300, I think they are getting to the right price.

Maybe $2,400,000 is more like it.

If you bought this house, would you tear it down and build a 'mcmansion' (that word drives me crazy) or bring this mid-century home back to its glory?