Last week, I posted the price drop for this 4 bedroom, 5 bathroom house on a 24 x 119.58 foot lot at 308 Wellesley Avenue East in Cabbagetown.

It was a house that had originally been listed in November at an asking price of $1,995,000.

Though it was a nice house with tall ceiling heights and 2 fireplaces, it was an odd layout.  And the backyard was taken up by the 3 parking spots.

I thought the asking price was a little high.

It didn't sell and a week before this house dropped its price to $1,795,000, the converted coach house behind it was listed at 308 1/2 Wellesley Avenue East...

For $1,399,000.

It sold, the same day this house dropped its price, for $1,379,000.

Now, this house has increased its price...

Back to $1,995,000.

Wonder when the drop back to $1,795,000 will happen.

listing