the MASH

View Original

211 Pearson Avenue - RONCESVALLES

This is a 5 bedroom, 3 bathroom house on a 28.08 x 120.58 foot lot at 211 Pearson Avenue in Roncesvalles.

The lot size is similar to the bungalow I posted earlier today at 184 Euclid Avenue in Trinity-Bellwoods that just sold for $1,080,000...

See this content in the original post

 But though that house was move right in, it was only 2+1 bedrooms.

This house is a large family home, but it needs a lot of work.  

If the Euclid house were to remain as a single family home, and especially if it gets converted into 2 'condos' like the Little Italy houses as 170 Markham Street and 170A Markham Street as a reader suggested...

See this content in the original post

My guess is that this house will still cost less to fix up, especially if they go with the condos at Euclid!

And once done, this could be a great family house.

The asking price is $19,000 more at $1,099,000.

Considering that a bungalow sold for almost $1.1, this doesn't seem crazy.

Except this house isn't as close to downtown.

But if the smaller Roncesvalles house on the same street at 141 Galley Avenue just sold for $900,000...

See this content in the original post

And if the gross house at 145 Galley Avenue sold for $803,649...

See this content in the original post

There is no reason this couldn't sell well above $1,000,000.

It's just that as it is now, there is no backyard with or without that sun porch, and that garage is going to need a full overhaul as well.  And if they were selling a house in this shape, why did the fix the basement?  That would make me nervous.

Plus, I would say the location isn't as good as the other Galley houses.

I think this will sell just under the ask of $1,099,000....maybe closer like $1,049,000.

Maybe less.

See this content in the original post

(thanks to all who sent this in!)

listing

See this content in the original post

View Larger Map