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PRICE DROP #9 - 360 Walmer Road - CASA LOMA

PRICE DROP #9 - 360 Walmer Road - CASA LOMA

This house has been listed for almost 2 years.

It's a 4+1 bedroom, 5 bathroom new build on a 25 x 174.75 foot lot at 360 Walmer Road in Casa Loma.

It used to look like this...

It was listed in January 2012 for $1,199,000.

It was listed 11 months later for $3,249,000.

Considering there was no proper dining room, only the kitchen island...

And the master bathroom toilet overlooked the street...

I thought that the asking price was kind of crazy.

It didn't sell and the price was dropped two months later to $3,299,000.

Two weeks later, another house at 341 Belsize Drive that was basically the exact same as this house came on the market...

Then this house saw another price drop to $2,899,000.  I thought it was still too high.

Another month later and it was dropped to $2,699,000...

And again to $2,599,000.

Then another Grey House came on the market at 355 Briar Hill Road...

And another Grey House at 26 Harwood Road also had a price drop...

Then this house had another price drop to $2,499,00...

And AGAIN to $2,495,000!

Then in January, it was on the market again at a price increase to $2,895,000.

I couldn't figure it out, but it turns out they did an addition to create a proper dining area and living room/family room...

Which I figured out when the price was dropped in July to $2,788,000.

In September, the house at 355 Briar Hill sold for the second time in 2 years!

Annnnd a month later this house had another price drop to $2,549,000.

It has now had another drop...

To $2,495,000.

Getting closer.

listing

FOR LEASE - 181 The Bridle Path - BRIDLE PATH

FOR LEASE - 181 The Bridle Path - BRIDLE PATH

PRICE DROP - 45 Glengrove Avenue East - LAWRENCE PARK

PRICE DROP - 45 Glengrove Avenue East - LAWRENCE PARK