And it went for....
This 5 bedroom, 5 bathroom house at 118 Highbourne Road on a 45 x 124.75 foot lot in Chaplin Estates was initially listed at the beginning of October....
And 2 price drops later, it has sold.
The first price was $1,825,000 which was clearly too high.
The price was dropped again a few weeks later to $1,699,000 but that didn't work either.
When the third price drop happened, it was pretty obvious that these people wanted to sell. Even though it could use some work, the fact that it was almost a quarter the price of a similar house in Forest Hill, I thought this was a good deal (if you were good with the proximity of the backyard to Avenue Road).
Guess the buyer had a bit of an issue with the proximity because the house sold under the second price drop for $1,525,000.
This house could be amazing if you are into centre hall.
This was a good deal for the buyers.