the MASH

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PRICE DROP #3 - 54 Dupont Street - DUPONT AND DAVENPORT

This isn't good.

I first posted this 4 bedroom, 4 bathroom detached house on a 27.08 x 96 foot lot at 54 Dupont Street in June.

Like the house that I posted at 87 Pears Avenue, this house is located in a weird location in that it isn't Rathnelly, it isn't Summerhill, and it isn't Yorkville.  It's kind of a no-man's-land location.

But it is a nice house.  

It was listed at $1,795,000.  I thought that if they could find the buyer who was into CP trains rolling (flying) by at all times of the day, all day, then this house could go closer to $1,835,000.

It sold for $1,750,000.

And either the new owner wasn't warned about the trains, or didn't see the tracks in the backyard...

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Because 3 months later, this house was back on the market.

This time the asking price was $1,795,000.

When I posted it at the end of September, the price had been dropped to $1,739,000.  Clearly they wanted to sell.  But I pointed out that if they wanted over $1,699,000, they needed new staging furniture.

Looks like they just want OUT!

This house had a price drop in mid-October to $1,650,000.  It has just had another price drop...

To $1,595,000.

And the train is thinking...

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