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Home Affordability

New Deals: These GTA Properties Recently Had Price Drops of $100,000 or More

Lindsey Kwon by Lindsey Kwon
July 17, 2024
in Affordability, Buying a Home, Toronto Real Estate
Reading Time: 7 mins read
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Following a quiet summer market that has led to price softening, numerous properties in the GTA have seen a drop in original listing prices. Here are seven properties across the GTA that have recently adjusted their asking prices.

351 Brunswick Ave – Toronto, ON

HARVEY KALLES REAL ESTATE LTD
HARVEY KALLES REAL ESTATE LTD

Property Details:

  • 4 bedrooms, 3 bathrooms
  • Detached
  • Walking Score 95/Transit Score 100

This stunning home located in Toronto’s coveted Annex neighbourhood recently saw a price reduction of just over $150,000. Not only does this property come with 3-storeys of modern design and amenities, but it also boasts a beautiful backyard oasis, a rare find in the city.

View the listing here.

142 Herald Ave – Oakville, ON

HERITAGE REALTY
HERITAGE REALTY

Property Details:

  • 4 bedrooms, 4 bathrooms
  • Detached
  • Walking Score 90/Transit Score 44

Originally listed for over 2.7 million, this custom-built home recently underwent a price reduction of over $180,000. Every element of this home has been thoughtfully curated to create an unparalleled living experience.

View the listing here.

9 Gillivary Dr – Whitby, ON

RE/MAX ROYAL PROPERTIES REALTY
RE/MAX ROYAL PROPERTIES REALTY

Property Details:

  • 4 bedrooms, 4 bathrooms
  • Detached
  • Walking Score 39/Transit Score 35

This modern home was originally listed at over 1.1 million, however, the asking price was recently reduced to under a million. Built with coffered ceilings and an open concept layout, this home is closely located to a number of highly ranked schools as well as supermarkets and shopping centres.

View the listing here.

11 Pierpont Pl – Mississauga, ON

ROYAL LEPAGE REAL ESTATE SERVICES LTD
ROYAL LEPAGE REAL ESTATE SERVICES LTD

Property Details:

  • 3 bedrooms, 4 bathrooms
  • Detached
  • Walking Score 66/Transit Score 54

This Mississauga property recently underwent a price reduction of over $250,000. Located near a number of parks, trails, and schools, this home is ideal for families or those planning on expanding their family.

View the listing here.

1 Winslow St – Etobicoke, ON

RE/MAX HALLMARK REALTY LTD
RE/MAX HALLMARK REALTY LTD

Property Details:

  • 3 bedrooms, 3 bathrooms
  • Detached
  • Walking Score 58/Transit Score 63

This brightly decorated premium corner lot has undergone multiple price reductions, with the most recent being more than $200,000 less than the original asking price. Located in the highly coveted Queensway neighbourhood, this home comes with a full-sized finished basement and many other amenities, including close proximity to the Gardiner Expressway.

View the listing here.

2218 Wyandotte Dr – Oakville, ON

IPRO REALTY LTD
IPRO REALTY LTD

Property Details:

  • 3 bedrooms, 4 bathrooms
  • Detached
  • Walking Score 29/Transit Score 50

This recently renovated home, complete with a finished basement apartment, has reduced its asking price by a whopping $500,000. Featuring a custom modern kitchen and large outdoor space, this property is also conveniently located near a number of shops, restaurants, and cafes, as well as the GO train.

View the listing here.

117 Watford St – Whitby, ON

RIGHT AT HOME REALTY
RIGHT AT HOME REALTY

Property Details:

  • 4 bedrooms, 3 bathrooms
  • Detached
  • Walking Score 54/Transit Score 28

Originally listed at $1.1 million, this 4-bedroom home is now asking for under $1 million. Located in the perfect family-friendly neighbourhood, this property is close to a number of great restaurants and shops and also provides easy access to the 412, 407, and 401.

View the listing here.

Interested in more properties that have undergone a price reduction? 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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Lindsey Kwon

Lindsey Kwon

Lindsey is a Content Marketing Assistant at Zoocasa. As a Zoocasa blog contributor, she enjoys letting her passion for words and writing intersect with her interests in real estate when creating blogs. In particular, she loves interior design and getting the opportunity to find unique and special listings.

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