PRICE DROP #6 - 360 Walmer Road - CASA LOMA
This 4+1 bedroom, 5 bathroom Grey House on a 25 x 174.75 foot lot in Casa Loma has been listed since December.
It has some issues such as the fact that there is no dining room, just the chairs around the counter in the kitchen, and there isn't really a living room, just the family room in the kitchen and the room in the basement. Not to mention the toilet right in front of the window on the third floor.
So, when they were asking $3,249,000, I thought it would be a tough sell.
And it was.
It never sold and the price was dropped to $2,999,000 in February. I thought it was still a tough sell.
The price dropped again in March to $2,899,000.
Then again in April to $2,699,000.
And again at the end of April to $2,599,000.
And again at the end of May to $2,499,000.
Aaaaaaaannnd once more.......
But like the house in my last post at 34 Vesta Drive, the price was dropped by only $4,000.
The new price is $2,495,000.
Like I said for 34 Vesta, that's not going to help.