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PRICE DROP - 26 Austin Crescent - CASA LOMA

PRICE DROP - 26 Austin Crescent - CASA LOMA

Just under a month ago, I posted this 4+1 bedroom, 5 bathroom house on a 73.50 x 112.16 foot lot at 26 Austin Avenue in Casa Loma.

It was hard to get a good feel of the house because there weren't a lot of photos but for the most part, it looked like a really great house.

And considering it was home to the founder and owner of

Terroni Restaurants

, Cosimo Mammoliti and his wife Elena Mammoliti, it was most likely a good house with a good kitchen.

But it backed onto the parking lot of the

Toronto Grace Health Centre

...

And you could even see the building through the trees...

Which is why I thought the $3,500,000 asking price was a little high.  Not to mention that it had already been on the market for 3 weeks.

I thought that perhaps it would soon have a price drop to $3,250,000.

Well, it has had a price drop, but they are clearly ready to sell...

And move into this massive house in Rosedale...

Because they dropped the price even more than I thought they would.

The new asking price for this Casa Loma house is now...

$3,050,000.

And with that coach house...

This is starting to sound like a deal.

listing

AND IT WENT FOR - 90 Macpherson Avenue - SUMMERHILL

AND IT WENT FOR - 90 Macpherson Avenue - SUMMERHILL

90 Macpherson Avenue - SUMMERHILL

90 Macpherson Avenue - SUMMERHILL