This is an original Leaside house and is a 3rd Generation home.

It is at the north end on a dead end street right beside Leaside High School.

As the listing says....

The Pyramids & Stonehenge Are But Two Of The 7 Wonders Of The World. Behold The 8th -262 Bessborough!From The Moment You Pull Into The Circular Drive,You'll Be Swept Back In Time.This 3rd Generation Family Home Sits On An Unbelievably Large Lot, Perhaps The Largest In All Of Leaside! This Property Will Appeal To Investrs, Bldrs, Renovatrs Or End Users W/Vision.

Problem is, the house is at the back of the lot so there is absolutely no backyard.

It is 5 bedrooms, 3 bathrooms and sits on a 105.94 x 135 foot lot.

That's bigger than the house at 33 Heather Road that is listed at $3,295,000.   But that house could be move right in.

This house hasn't been touched in a LONG time.

And it looks like something from Boardwalk Empire...

 Though the house could probably be beautiful if restored, it would cost a LOT of money and there is still no yard. 

And with a $2,750,000 price tag, there is no point buying this and restoring it.

I think what would make the most sense would be to buy this and split it into 4 lots with 4 new builds or townhouses.  That might cause some problems with a few neigbours but this is a neighbourhood full of new builds.  It is the place to do it.  I just wonder if it would be difficult to move the houses to the front of the lot so that each house would have a good sized backyard.

At 25 x 135 feet per house, the new builds could sell for at least $1,435,000 like the house at 30 Sharron Drive a few streets over.

The agents clearly get that but it might be priced a little high.

Maybe $2,500,000 would make more sense but if a builder knew what they were doing, was able to build each house for a good price without sparing quality, this could be a big opportunity.

This house won't last long.

PS.  The Kleenex box on the table in the living room is a little odd.  And is that 'Caution' ribbon in the dining room from Halloween or is the door about to fall off?

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