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Home Buying a Home

Opportunity Awaits: Explore GTA Properties That Recently Had Price Changes

Aiden Lowrie by Aiden Lowrie
June 13, 2024
in Buying a Home, Canada
Reading Time: 6 mins read
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As the Toronto real estate market benefits from an influx of new listings, buyers are gaining greater negotiating power. This shift has led to several properties experiencing drops in their original listing prices. Here are six properties across the GTA that have recently adjusted their asking prices.

323 Cannon St E, Hamilton

Listed by: SUTTON GROUP – SUMMIT REALTY INC
Listed by: SUTTON GROUP – SUMMIT REALTY INC

Property Details:

  • 3 bedrooms, 3 bathrooms
  • Detached
  • Walk score 94/Transit score 70

This beautiful investment potential was originally listed for nearly $590,000 and has seen almost $90,000 in price difference from the last listing. It’s perfect for those who hate driving in the city, as it has great walk and transit scores.

View it on Zoocasa here

115 Abner Miles Dr, Vaughan

Listed by: RIGHT AT HOME REALTY
Listed by: RIGHT AT HOME REALTY

Property Details:

  • 5 bedrooms, 7 bathrooms
  • Detached
  • Walk Score 26/Transit Score 39

Originally listed for just shy of three million, this property has since seen a roughly $70,000 price reduction since its initial listing. At 5000 square feet, everything about this home boasts luxury and comfort.

View it on Zoocasa here

2594 Castlegate Cross, Pickering

Listed by: royal lepage platinum realty
Listed by: royal lepage platinum realty
  • 3 bedrooms, 4 bathrooms
  • Townhouse
  • Walk Score 26/Transit Score 33

Located in Pickering, this townhouse is less than a year old but has already had over $50,000 dropped off the price. In the heart of the Pickering district, this jewel is a rare find just moments from the city’s historical sites, banks, restaurants, grocery stores, retail malls, and many other amenities.

View it on Zoocasa here

3 George Mckenzie Ct, Toronto

Listed by: armani realty
Listed by: armani realty
  • 4 bedrooms, 5 bathrooms
  • Detached
  • Walk Score 49/Transit Score 63

This 2023 home was previously listed for over $1,880,000, but its price has since been reduced by nearly $100,000. This custom-built house is perfect for large families with great schools, parks, and transit options close by.

View it on Zoocasa here

16 Dairymaid Rd, Brampton

Listed by: RE/MAX GOLD REALTY INC.
Listed by: RE/MAX GOLD REALTY INC.
  • 5 bedrooms, 7 bathrooms
  • 3000-3500 sqft
  • Walk Score 35/Transit Score 39

Previously listed for close to two million, this Brampton luxury house in the Clearview Estates has been reduced by roughly $60,000.

View it on Zoocasa here

5458 Tasha Dr, Mississauga

Listed by: IPRO REALTY LTD.
Listed by: IPRO REALTY LTD.
  • 3 bedrooms, 4 bathrooms
  • Detached 
  • Walk Score 52/Transit Score 42

This Mississauga family home has seen a $200,000 reduction in price since it was listed last year. The 3000 square foot home has recently seen over $250k worth of renovations, including a new, granite kitchen and finished basement.

View it on Zoocasa here

Want to see more reduced-price properties? Give us a call today! One of the experienced agents at Zoocasa will be more than happy to help you through the exciting home-buying process! 

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Aiden Lowrie

Aiden Lowrie

A Zoocasa Content Marketing Assistant, Aiden Lowrie gets to blend her love of writing with her love of all things real estate and marketing as a blog contributor. She loves to find niche spots in and around the GTA to explore, or find ways to make the most out of your space. Outside of work and blogging, Aiden enjoys being outside in the sunshine, patios with friends and family, and working on her own blog. Connect with Aiden to read more of her articles and insights!

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