the MASH

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PRICE INCREASE - 80R Crescent Road - ROSEDALE

When I first posted this 2+1 bedroom, 4 bathroom condo/coach house at 80R Crescent Road in South Rosedale....

Even though this house was built and designed by a well known architect and designer..

When I saw the asking price of $3,495,000....

This was my reaction..

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It was so ridiculously high that a month later, the price was down to $2,990,000 which was still too high.

In May, the price was dropped again to $2,590.000.

It didn't sell and just 2 weeks later, the price was increased to $2,690,000!!!

Guess what!  No sale and another 2 weeks later, the price was dropped again to $2,590,000.

By September, the price was dropped again to $2,499,000.

And AGAIN in November to $2,399,000!!!

Basically this house has been listed forever without selling so when I saw it listed on MLS again this weekend, I assumed it was another price drop.

Then I took a closer look...

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And......ummm.....

It's a price INCREASE.

The new price is $2,450,000.

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