PRICE DROP - 73 Metcalfe Street - CABBAGETOWN
In March, I posted this 3+1 bedroom, 5 bathroom house on a 28 x 94.25 foot lot with 2 parking spots at 73 Metcalfe Street in Cabbagetown.
It was a house that used to look like this on the outside...
And this on the inside...
It was listed in May 2014 for $899,000. It sold for $940,000.
It was rebuilt and put on the market almost 2 years later.
And it wasn't for everyone. It is much better than before, but for a house this size, I don't know why there aren't more bedrooms. Right now there are only 3 and one of them has a fully open wall.
Sure, you can close it off...
But I don't really get the point.
The neighbours have a really good view of the family room...
And I do not like this cement stuff in the backyard at all...
Or this chandelier...
But overall, it's a good house. It just should have been a 4 bedroom house.
It was listed at $2,499,900. I didn't think it would sit for long.
But according to a commentor, because it is a rebuild, there is HST on top of that! WTF!
So, if that's the case, that would mean you would actually have to pay $2,824,887.
It's been 2 months and it is still on the market. And it has now had a price drop.
The new asking price for this house is...
$2,350,000.
Or, if the HST thing is correct...
$2,655,500.
Uhh....
