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MLS Watch – $350k drop at Cosmo, Madison Lofts, Site 17

By May 28, 2008

Wow, we go from a spring with no exciting units to a summer just jam packed with inventory. If you were sitting on the sidelines there is finally some good condos to choose from. Here’s a roundup of what’s caught my eye in the last week.

Cosmo – Huge price drops

Ashley has the scoop on three penthouses coming back on the market with price drops of $200,000 to $350,000! Wow. No price protection here.

All told there are 21 units on the MLS. Perhaps with even more inventory held back.


Breffni Mcgeough has two listings that just came on the market. A 584 square foot studio with 12′ ceilings for $495,000 and a 1,575 square foot 10th floor unit for $1,095,000.

The Highlander

Penthouse 11G is available for $986,000. 1,800 square feet. Lots of windows and views.

Madison Lofts

#209 is the first to hit the market.

James got invited on a preview and has more photos. I guess they didn’t invite me because I hate lofts.


#1402 is already subject-to-inspection after only 7 days. It listed at $365,000 for 621 square

Olive 8

While Cosmo lowers prices, Olive 8 is raising them! 8 units saw price increased ranging from $5k to $15k.


There’s another view condo at the Pomeroy. #507 for $889,000. Looks a small living room though.

Site 17

Unit 213 is a two story loft that caught my eye. I think the owner had emailed me or posted here about it previously. It’s now available for $449,000.

While poking around at that one I noticed there were two other two story lofts at Site 17 available, #209 and #205 both for $439,000.