99 and 101 Glen Road - ROSEDALE
This is a 2 storey, 5,800 square foot 4-plex apartment building with 2 and 3 bedroom units at 99 and 101 Glen Road.
I am not sure what the lot dimensions are, but the approximate square footage of the lot is 9,000 SF.
It is located across the street from the 'Rosedale Compound' at 98, 100, and 102 Glen Road that was listed in September 2014 for $16,900,000.
The property at 98 Glen Road that was only a garden was listed at $2,500,000...
The house/'guest house' beside it at 100 Glen Road was listed at $9,500,000...
Andthe ravine house at 102 Glen Road was list at $4,900,000...
That house sold in February for $4,200,000.
I'm pretty sure the other 2 properties are still for sale.
This property is listed at $3,380,000.
The way the building is laid out...
It feels like the current structure could be converted into a single family home that could resemble(ish) the house at 100 Glen Road...
But...
There isn't much of a yard...
And it is on a very busy corner...
With a bus stop in front...
But, you could always put up a wall of cedars like the neighbour did for privacy...
The listing says...
The site has potential to be redeveloped for a variety of low and medium density residential uses such as a detached house, semi-detached houses, townhouses, or the existing apartment could be renovated and converted into condominiums.
So, there are a lot of options for this property.
I am just not sure with this location that this is a $3.4 million property.
