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PRICE DROP - 97 ad 99 Beaver Avenue - DAVENPORT

PRICE DROP - 97 ad 99 Beaver Avenue - DAVENPORT

In November, I posted the listing for these 3 semi lots at 97 and 99 Beaver Avenue (how is that 3?) in Davenport.

There were apparently plans for each lot to have a 2,400 square foot house with 2 terraces including a rooftop deck and 2 parking spots.

It was an interesting idea in a neighbourhood that is seeing a lot of potential.

But...

I thought the fact that this happened to the front of one of the houses might be an issue...

And the fact that it is across the street from a parking lot...

And this hydro tower...

That wouldn't be super appealing.

These lots were first listed at $2,989,000.  They didn't sell and the price was dropped in November to $2,499,000.

I thought it could be interesting investment if each semi could sell around $1 million.

But I thought it would probably have another price drop.  It just did.

The new asking price for these lots is...

$2,295,000.

Not sure that's enough of a drop.

listing

25 Oxley Street TH3 - ENTERTAINMENT DISTRICT

25 Oxley Street TH3 - ENTERTAINMENT DISTRICT

PRICE DROP - 81 Markham Street - TRINITY-BELLWOODS