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For $2.7 million, this 100-year old house, with some décor nearly as old, is filled with opportunity. With some renovations and TLC, we could see this property’s value jump significantly.
What We Love
1. Bright, open entrance – you need to make an impression from the moment you open the front door. This property has a bright entrance with some decent space, especially for a Toronto home.
2. Dining room built-in – we love our built-ins, that’s no secret. This one makes great use of space, providing room division, while still feeling open.
3. Third floor loft – the entire third floor could serve as a luxury master suite. Down the road, it could even be separated from the other floors and turned into a secondary suite.
4. Spacious master bedroom – nothing better than a large master bedroom. This master fits a king comfortably and then some.
5. Living room fireplace – it feels like fireplaces are becoming relics of the past, at least wood-burning ones do. The fireplace in this home is incredibly charming.
What We’d Change
1. Paint main staircase – the staircase is a beautiful design so we wouldn’t mess with that. We would give it a paint job; all white on the newel and a darker stain on the handrail.
2. Overhaul the kitchen – the kitchen has got to go. It clearly hasn’t been updated in decades, so that would be the first major project. New cabinets, new floor, new appliances, new backsplash; we’d keep the exposed ceiling though.
3. Overhaul the shared bathroom – another overhaul. The shared bathroom would be the second major project, as it’s pretty dated. We’d remove the wallpaper for a solid grey paint, a new tile floor and replace the vanity with something dark and contemporary.
4. Overhaul the ensuite bathroom – there’s not much to salvage in the master bathroom either, but it’s not as dire a reno as the kitchen and shared bath. We’d still swap out all the tile for something more modern and install a nicer vanity – perhaps a single would beam, custom for the space.
With budget permitting, we’d rework the shower to be a true, glass-encased shower too.
5. Loft staircase railing – the last thing we’d change, after all those overhauls, would be replacing the staircase railing to the third floor. We like the industrial feel but the white colour keeps it from feeling contemporary.
The Bottom Line
There are a few big gut jobs in this home but that just means opportunity. Think of how much this home will be worth when the kitchen and bathrooms are as updated and gorgeous as the rest of the house? If you have the budget and commitment to handle the renovations, this house is for you.