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.
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