FOR SALE

656 Davenport Road

Asking $799,000.

2+1 BEDROOMS / 2 BATHS / approx 1,400+ sq.ft.

Features and Analysis

MLS listing description:

“Opportunity To Renovate!! Spacious Home In Great Central Location In Need Of Updating. Wide Lot With Built In Garage And Unique Reverse Ravine Setting, Raised High On Davenport Between Prime Annex & Casa Loma Neighbourhoods. Open Concept Main Floor Space With Bonus Front Room. Two Large Bedrooms Upstairs. Basement With Separate Side Entrance. Extremely Bright With Many South Facing Windows. House Sold In “As-Is Condition”. No Warranty On Retrofit.”

Pros & cons about this property:

Houses on the north side of this strip of Davenport is uniquely perched on a unique deep sloping and terraced lot. The house is in an obvious state of disrepair for a number of years, but the interior shows decent bones (looks like has been recently cleaned up and given a coat of white paint), it needs a thorough top to bottom renovation.

A thorough home inspection is a must due to its condition, age and the “reverse ravine” lot which slopes towards the house which may be prone to water/drainage issues.

The basement has a separate entrance and features its own bathroom and kitchen, but it is not a legal apartment. The attached built-in garage in the front of the house is a nice feature but a pain to use regularly as you will need to back out on to a busy street.   

The deep backyard really does feel like a tranquil ravine and is terraced to make it more useful, but just like the house it needs a lot of work.

My final thoughts:

This home has been vacant and poorly maintained for a long time and the exterior shows it. While the interior shows no serious faults other than being old and a blank slate for a through renovation. Needs a lot of work but good for those who desire a home designed to their own exacting taste, with a tranquil ravine-like backyard and in a very desirable area. Being on an extremely busy street and potential surprises of a neglected old house may detract potential buyers. This home is not for the faint of heart.

 

Is this similar to what you want but not the right location, budget or style?

Contact me to find out what other unique properties I have for you.

About us

Art House Real Estate Littlehayes Lane Kensington Market

Alan O. Wong

Sales Representative, B.Arch, Assoc.AIA

Office: 416.504.6133

Direct: 647.963.1037

alan@livingdifferent.ca

Blue Elephant Realty Inc. Brokerage

 

Tucked in a laneway in the middle of vibrant Kensington Market is Art House, a creative real estate studio catering to savvy Torontonians who embrace urban living. Art House is your alternative to the traditional real estate industry ethos. We are passionate about the city and foster trust by contributing to positive change within our community. With a focus on ethics and a critical eye, we curate unique homes and intelligent investment opportunities to fit your lifestyle.

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