PRICE DROP #2 - 220 Pinehurst Drive - OAKVILLE

Earlier today, I posted a price drop for a waterfront property at 294 Chartwell Avenue in Oakville.

Well, here is another Oakville price drop!  Except this one isn't waterfront. But it is the 2012 Princess Margaret Help Conquer Cancer Lottery Showhome!

It is a 3+1 bedroom, 5 full bathroom, and 1 half bath home.  It sits on a 100 x 150 foot lot and there is over 7,000 square feet of living space.

It was valued at $3.77 million (*cough, cough*).

I mentioned that this house reminds me of the

'The Breakers' house in Collingwood that was for sale last spring for $4,495,000 but has since had a price drop to $3,850,888.

But that house was 5 bedrooms and 6 bathrooms.

This house is only 3 bedrooms.  And if you are living in Oakville, odds are that you have a family.   Considering this is on such a large lot, they really should have added one more bedroom.  Then it might have sold for asking.  

But because of the bedroom situation, this house has not sold and the price has dropped.

This house is now listed at $2,599,000.

Though it is beautiful and there are pictures of it all over Pinterest...

I still think this is high.  Not by much, but there are still only 3 bedrooms.