Buy it, insure it, mysteriously burn it, and rebuild!
When given enough time, all threads on RFD can and will go off on a tangent.
Oct 21st, 2021 6:52 pm
Oct 21st, 2021 7:09 pm
With
Oct 21st, 2021 7:35 pm
Good find, this is a beauty. This is arguably one of the worst houses I've seen, I can't stand homes where the garage is the focal point (overly common) of the front. The architect went out of his way to make sure to hide the most important focal point of the home (the front door). This guy should have his license revoked, I don't care if he was trying to make up for layout efficiency. What a disaster.tendyman wrote: ↑ What happened here
https://housesigma.com/web/en/house/9w8o3m5owKJ3GKjm/4200-Perivale-Rd-Mississauga-L5C3Y5-W5408974
Oct 21st, 2021 7:41 pm
Do you think Trudeau can do what comrade Xi did.
https://www.reuters.com/world/china/chi ... 021-10-20/In September, some cities intensified their campaigns to drive speculators out of the property market. In Xiamen, the southeastern city further tightened property curbs on top of existing measures, prohibiting first-time home buyers from reselling their properties for five years.
The tougher restrictions, along with tighter rules on borrowing for property purchases, have weighed on near-term demand, analysts said.
Oct 21st, 2021 8:42 pm
Oct 21st, 2021 8:55 pm
Oct 21st, 2021 10:34 pm
Lets revisit in 5 year.brockster wrote: ↑ I Iive in the area and IMHO the buyer here completely overpaid. Might be a modern home but crappy location on a court which is not a true court being on the corner of a busy street.
$2,888,000, Detached, 2 Delverton Pl, North York, C5395191, Sold - HouseSigma
https://housesigma.com/bkv2/landing/roo ... Xj1KN3j2q8
Oct 21st, 2021 10:34 pm
Oct 21st, 2021 11:56 pm
I see ugly shit like this all over GTA and people seem to not mind it at all. How can you pay $1.5m-$2m for a house and not have a **** proper ground-floor window overlooking the front of your house?!! This is why backsplits are awesome in my opinion (minus the crawlspace waste, but hey, it's better than this nonsense)RichmondCA wrote: ↑ I can't stand homes where the garage is the focal point (overly common) of the front. The architect went out of his way to make sure to hide the most important focal point of the home (the front door). This guy should have his license revoked, I don't care if he was trying to make up for layout efficiency. What a disaster.
Oct 22nd, 2021 12:14 am
I Google Map'ed it, wow, you're not kidding.brockster wrote: ↑ I Iive in the area and IMHO the buyer here completely overpaid. Might be a modern home but crappy location on a court which is not a true court being on the corner of a busy street.
$2,888,000, Detached, 2 Delverton Pl, North York, C5395191, Sold - HouseSigma
https://housesigma.com/bkv2/landing/roo ... Xj1KN3j2q8
Oct 22nd, 2021 12:16 am
That is fricken brutal. I bet it smells like death in there too.CEOofPopeyes wrote: ↑ This is what 900k gets you in this market.
https://housesigma.com/web/en/house/9w8 ... 5-W5408974
Funny thread on Reddit.
https://www.reddit.com/r/TorontoRealEst ... is_market/
Oct 22nd, 2021 1:01 am
You could have had this one for only $190K only 5 DOM. But you'd have to drive to Bancroft..........CEOofPopeyes wrote: ↑ This is what 900k gets you in this market.
https://housesigma.com/web/en/house/9w8 ... 5-W5408974
Oct 22nd, 2021 2:45 am
Oct 22nd, 2021 7:53 am
In short everything.thandong19 wrote: ↑ May I ask your opinions on this century house (>100 years house)
It is fully renovated, good location. What might be common problem for house this old?
$1,649,000, Detached, 2612 Lake Shore Blvd W, Etobicoke, W5384280, For Sale - HouseSigma https://housesigma.com/bkv2/landing/roo ... D615xYqlAp
Oct 22nd, 2021 8:57 am
I remember looking at the back-split house that was there before in 2009 when it was for sale; I liked lot size and location, just not the house itself. Good for whoever bought it then, they could not time the new build and sale better; buyer overpaid by at least 500k...brockster wrote: ↑ I Iive in the area and IMHO the buyer here completely overpaid. Might be a modern home but crappy location on a court which is not a true court being on the corner of a busy street.
$2,888,000, Detached, 2 Delverton Pl, North York, C5395191, Sold - HouseSigma
https://housesigma.com/bkv2/landing/roo ... Xj1KN3j2q8
Oct 22nd, 2021 10:26 am
Another design is to have a detached garage at the back. Allows a more functional layout with front windows on main floor. Smaller houses rarely have front windows with the attached garage. Only negative may be getting to the car in cold weather but then in GTA weather is not as bad as other areas in Canada.synthetic1 wrote: ↑ I see ugly shit like this all over GTA and people seem to not mind it at all. How can you pay $1.5m-$2m for a house and not have a **** proper ground-floor window overlooking the front of your house?!! This is why backsplits are awesome in my opinion (minus the crawlspace waste, but hey, it's better than this nonsense)
Oct 22nd, 2021 11:19 am
Thank you so much for a very detailed post. I really appreciated it.senasena wrote: ↑ In short everything.
Foundation, waterproofing, electrical, plumbing, heating, termites, asbestos......
Check for permits, you would need to contact the city, on the website I can only see the permit for the addition which is a good thing, but you would want to contact the city and esa, or get a proof of work done with permits.
This house had alot of structural work done over the years, just from the photos you can see the brick is different in many places due to resizing or the addition of the windows.
Just from the quick glance at the photos the siding on the side under the chimney will need to be redone, floors are very likely sagging, the framing around the attic window doesn't look like it's protected from the elements, not sure what type of shingles are above that window but looks like older and lesser quality than the new shingles on the roof of the house, and judging by the discoloration it was already repaired. You will likely find more small (or large) issues in person such as signs of water damage in the basement.
Your utility bills will likely be very high.
Do the sellers have their own inspection done? (if yes who did it).
I would never recommend buying a 100 year old house without inspection (especially where the basement is finished) unless you plan on gutting it, and even the inspector may not be able to find all the issues.
The biggest issue is being on a busy road with streetcars, and being on the wrong side of the road ;-)
Oct 22nd, 2021 11:45 am
No problem.thandong19 wrote: ↑ Thank you so much for a very detailed post. I really appreciated it.
There seems to be a lot of potential issue with this old house. Maybe that’s why it has been in the market for a while.
Oct 22nd, 2021 11:45 am
It's a 80.83 x 322.50 lot with municipal services. Not a bad buy in this market.mrct1944 wrote: ↑ You could have had this one for only $190K only 5 DOM. But you'd have to drive to Bancroft..........
https://housesigma.com/web/en/house/eQp ... 0-40177008
Oct 22nd, 2021 11:57 am
I was going to say, a lot of times you can get the photos of the renos from the sellers (if you ask). Here it looks like it was multiple renos and judging by the pics and some parts of the house especially the condition of baseboards in the basement it looks like the type of place that got the lipstick on a pig treatment. I could be wrong, impossible to tell without seeing the place, but a few giveaway across the exterior and interior.senasena wrote: ↑ No problem.
The issues I have mentioned based on the photos are fairly minor (although could cause bigger issues if not addressed or there is water penetration already), any house that is 100 years old has a potential for alot of issues, and many of them are hidden behind the walls.
That's why I think they are great candidates for gut jobs or if renovated there is a proof of the work done such as permits, invoices etc.
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