At the beginning of June, I posted this 1950s, architect’s own home overlooking Bayview Village Park at 15 Citation Drive in the Bayview Village neighbourhood in Toronto.

It was a 3+1 bedroom, 3 bathroom house on a 60 x 178 foot lot and the asking price was $2,995,000.

I thought it would be amazing with some thoughtful restoration. But considering it was on a street full of new builds, I didn’t think it was going to stay.

But the price was too high for renovators and builders and the price was dropped to $2,838,000 after 2 weeks on the market (according to HouseSigma, it was initially listed at $2,788,888 with a price drop to $2,688,000 but I think those were price drops #3 and #4 making this price drop #5).

It has now been on the market for 4 months and the price has been dropped again…

To $2,549,000.