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This detached Long Branch fixer upper is listed for $1 million

September 5, 2020 by SouthEtobicokeNews

Will you dish out $1 million for this fine Long Branch fixer upper!

The partially-burnt bungalow at 199 Thirtieth Street was recently listed for sale even though it is described as ‘unsafe to enter.’

The property is listed for $999,000 as ‘land value only,’  by listing agent REMAX Realtron Realty.

The detached home comes on a 45.50 by 134 feet lot, and offers ‘many permitted uses due to employment zoning,’ and can be used as an animal shelter, artist studio, park or even a police station.

“The property has an extensive list of uses,” the listing agent states. “It is among an up and coming residential neighbourhood.”

You can book an appointment to ‘walk the land.’

The house statistics show both the bedroom and bathroom counts as 0, and offer “no data” in the square-footage department.

This beauty is located between Brown’s Line and Kipling Ave., just south of Horner Ave., Long Branch GO Station, as well as both the QEW and Highway 427 are nearby.

It is in a neighbourhood which is described as an up-and-coming residential area.

Real estate records show that in 2007 the house was listed for $265,000. And in 2017 it was sold for $698,000. In 2019 listed for $769,000 and sold for $600,000.

Realtors say the initial $1 million cost for this home will only be the beginning, as the buyer has to build a new home or business.

Recently a tiny two-bedroom, one bathroom coach house on Euclid St., in Little Italy, which is much smaller and better condition than this one, sold for $1 million. It was advertised as a “rare detached bungalow located in the heart of Toronto.’

Real estate agents say the average cost of a Toronto home has gone up by $100,000 since last year despite everything, and prices are continuing to rise across the GTA.

 

 

Filed Under: Business, Campaigns, Community, Issues, Politics, Social, Sports, Technology

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