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Its back up Matt, with a price guide of $600,000-$660,000. As you suggested, it failed to sell at Auction - I can't be certain the auction even went ahead. Interestingly, the selling agent is now Paul Caine himself, seems Frank may not be at Caine R.E. anymore. No 'open house' inspections are...

Hi John and Frank, This apartment has officially been sold for a respectable figure of $565,000 by Caine real estate. It was always going to be hard for the vendors to get their money back considering the local market deterioration since Dec. 2010. I am curious why the vendors sold it now...

Thanks John, I just saw this property listed on Cain's website as well. FYI this unit changed hands less than 2 years ago in Dec 2010 for $599,000. Will be interested to see if that price can be achieved in this current depressed market. Unit is open for inspection Saturday 8th Sept. 1 to 1.30 pm.