Earlier, I posted a house at 38 Ridgevalley Crescent that was first listed at in February. 

The house itself was dated but in a turn back time sort of way.  It was listed at $4,500,000 and just had a price drop to $3,900,000.

Now, there is a house down the street that also backs on to the golf course that is for sale.  Unlike the neighbour down the street, this is a move-in ready house.

And even if you aren't into the French Circus style of decorating, you have to admit that this is a pretty great, especially with some new paint and some more subtle furniture.

And that backyard!?!  It's amazing!  

Here is an aerial view...

That is multiple levels of entertaining.  A lot of money was spent on that backyard.

So, when you think that the neighbour at 38 Ridgevalley was listed at $4.5 (though I did think that was insane) and is now down to $3.9, you would think this place would be about $5.5.

It's not.

This 4 bedroom, 5 bathroom house on a 75 x 288 foot lot (a bigger lot than 38 Ridgevalley) with a pool table in the kitchen family room is listed at...

$2,895,000 (down from $3,298,000).

Sure, it's located pretty close to Islington, and all the bathrooms seem a little cramped...

But that price for that backyard with that view....

It seems like a bargain.

listing

View Larger Map