At the beginning of January, I posted this 6+1 bedroom, 7 bathroom house on a 65 x 180 foot lot at 239 Russell Hill Road just south of St. Clair in Casa Loma.

It was a great house that could be move in ready, but it was dark and dated.

It was listed at $3,250,000.

Considering that the house right beside it at 243 Russell Hill Road...

That was recently fully renovated sold for $3,200,000 in October...

I thought this one was too high and would only sell if the price was dropped...a lot.  I was thinking it would sell closer to $2.8, have a $700,000+ reno, and would be an amazing $3.5+ house after.

Last week, the price was dropped by 12% to $2,899,000.

It sold for...

$2,904,000.

Wonder when the renos start.