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491 Parkside Drive - HIGH PARK/RONCESVALLES, TORONTO

491 Parkside Drive - HIGH PARK/RONCESVALLES, TORONTO

In December 2014, I posted this 7 bedroom, 6 bathroom triplex (I think) on a 40 x 150 foot lot at 491 Parkside Drive over looking High Park in Roncesvalles/High Park in Toronto.

It was listed at the beginning of November and the listing saying it was for renovators and contractors.  The asking price was $989,000.

It eventually sold around $1,300,000 or $1,350,000.

By March 2016, it was on the market again but this time it was listed at $1,349,000.  It sold closer to $1.5 million.

It is now on the market AGAIN.

And, no, it hasn't been torn down yet BUT it is being sold with city approval to build an 8,000 square foot 4-plex with a 2 car garage.  The computer images of the proposed building (I can't think of the proper word right now!) are below.

And it's interesting.

But the price.  It is listed at...

$2,499,000.

That's a big jump in just 2 years.

 

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