Overview
Overview
- Recently purchased a great house in Humewood school district
- The home is located on a quite family oriented dead-end street, with only a few homes
Project Info
- Bought fall 2022
- Currently in drawings stages
- Plan to start construction in Dec/Jan, finish fall/late 2023
- Will create three floor extension
- Future appraised value ~$2.75MM
- Acquired in summer 2023 in Wychwood neighbourhood
- The home is located on a quite family street
- Large lot size - 25 by 125 feet
Project Info
- COA approved, permits awaited
- Started permit planning before closing, significantly accelerating timelines and getting COA approved within 3 months of closing
- Construction to begin around Dec 2023, expected completion in fall/winter 2024
Key Features
- ~4000 sq feet transitional house that can accommodate a large or growing family
- 3 storey house plus legal basement apartment
- 5 bedrooms, 7 washrooms, 2 car parking (1 garage). Elevator for easy access across all floors
- Large private backyard with trees. Potential for garden suite
- Tall ceilings, tall glass doors and windows
- Multiple outdoor spaces and balconies across floors
- Basement walkout, basement could be rented as a legal apartment. Sunken recreation room under the garage
- High end finishes and appliances
Value Addition
- Purchased at an excellent price even compared to the current market prices
- Leveraging existing structure and learnings from current projects (zoning, design, etc.)
- House will be one of the newer family homes to offer one of the largest square footages with high end finishes
Location, Access and Amenities
- Located in prestigious Wychwood area
- Very short walk to shops, restaurants, coffee shops and TTC on St. Clair
- Easy commute to downtown Toronto and other areas within the city
- Continued gentrification with younger families moving in and redevelopment of older houses
- House will be one of the newer family homes to offer one of the largest square footages in the area, and with high end finishes