According to legend, these are supposed to be the three most important factors when assessing a home’s value. There’s a home in Mount Dennis at 27 Brownville that is for sale for a hundred dollars shy of $600,000. The much complained about home has been vacant for years and is not safe to live in but the 30 x 92ft. lot is for sale. As an added incentive, the vendors will throw in a demolition permit obtained last year.
The value of the lot lies in the proximity to the new Mount Dennis Station on the Eglinton Crosstown Line or Line 5 as it will be known officially. The station that incorporates the old Kodak recreation building will be a short walk away when it opens in 2022. There is a railway theme to the home as it backs onto the UP Express, GO and CP tracks. That shouldn’t be an issue with good soundproofing. Whether or not the home is worth $600,000 will be decided by the market.