19 Ottawa Street - SUMMERHILL
This is a 4 bedroom, 2 bathroom detached house on a 19 x 85 foot lot at 19 Ottawa Street in Summerhill.
According to one of the readers who sent it in, this house has had the same owners since 1961.
And according to the listing, it is all knob and tube and lead pipes.
So...it needs a lot of work.
But it is a rare detached house in a high demand area with neighbours like the one at 17 Ottawa Street...
That is a smaller semi could sell for $1,400,000 a year ago (making it a $1,540,000 house now)...
Or the smaller row house around the corner at 87 Summerhill Avenue...
That looks into the side of this house could sell for $1,595,000 a little over a year ago (making it a $1,771,000 house now)...
There is no reason this house couldn't be a $2 million house after it is updated.
Insane, I know...but it's Summerhill.
This house is currently listed at $1,198,000.
So, could you update this house, with a basment, for under $800,000? Definitely.
This house will sell fast and probably closer to $1.3....maybe even $1.325.
Even without parking (that spot belongs to the corner house on Summerhill).
(thank to the readers who sent this in!)
