Sold! (For 10% Below 2006 Price)

This from Thomasina Barnes, in the Globe and Mail, January 9, 2009 at 2:08 PM EST -

  • 428 BEACH CRES., UNIT 2102
  • ASKING PRICE: $1,998,000
  • SELLING PRICE: $1,600,000
  • PREVIOUS SELLING PRICE: $1,780,000 (2006)
  • TAXES: $8,258 (2007)
  • DAYS ON THE MARKET: 162
  • SELLING AGENT: Nicolas Blachette, TRG Realty

“A lot can change in six months. The list price of this 1,713-square-foot suite was reduced twice before its sale. It was originally listed at $2,298,000, then cut to $2,198,000, and finally $1,998,000. It sold for almost $700,000 below the original price — and $180,000 less than the home was purchased for in 2006.”

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