30 Gibson Avenue - SUMMERHILL
This is a 3 bedroom, 2 bathroom semi on an 18.5 x 88.41 foot lot at 30 Gibson Avenue.
The listing says that it overlooks Ramsden Park...
Which I suppose it does.
If it weren't for the broadloom and the curtains, this could easily be decorated like a typical Trinity-Bellwoods house like the one at 3 Givins Street.
But the listing also says
The main floor offers the charm of yesteryear
which is a way of saying it hasn't been touched for decades.
And it probably needs a LOT of work. But there is a ton of potential.
It's hard to figure out the second floor layout right now, but that front room could become a master with a bathroom with 2 more bedrooms and a bathroom on the second floor and family room or another bedroom on the third floor.
Or it could be 4 bedrooms and 2 bathrooms on the second and a master on the third.
Basically, there is a lot that can be done here.
This is a beautiful street doesn't see a lot of houses come up, let alone ones that you can do exactly as you would like.
And it has parking which is a big issue on this street being so close to Rosedale subway station, Yonge Street, and the park.
The asking price is $1,395,000.
At this price, the whole thing is getting redone and the work would probably cost around $400,000, maybe a bit more depending on the finishes (and depending on why there is a dehumidifier in the basement) .
If the presumed gutter at 94 Macpherson Avenue that I am pretty sure didn't have parking could sell for $1,222,500 a year ago...
This house on an arguably better street could definitely sell for asking (if it hasn't already).
Especially since they are throwing in the light fixtures.
P.S. Please don't let this be a flip.
