PRICE DROP - 328 Wellesley Street East - CABBAGETOWN

This house has been listed for a LONG time.

It was first listed in February 2012 for $985,000.  

This might have been a flip because the basement looks new but I am not sure.  But 7 months later, it was listed in September 2012 for $1,195,000. 

Even with the finished basement, when I posted it in September, I said it would be a hard sell at that price.

It never sold and was relisted at $1,195,000 in March.

Again, it didn't sell and they have dropped the price...

To $1,149,900.

Still think it's too high.