One of Toronto's grandest Victorian mansions is for sale for $4.5 million Toronto
Inventory of Historical Buildings in East York
, written by the East York Local Architectural Advisory Committee in 1982, the home were originally purchased by David Smith in 1875 for a grand total of $2,400.The home is a prime example ofThe back of the house with parking spots., is massive and strong, thus differentiating itself from the lighter gingerbread of the Gothic Revival archetype," writes the committee.
"A rare investment opportunity in downtown Toronto, in a prime location for real estate investments due to its high demand and potential for growth," reads the listing.So even though 1311 Pape Ave. is no longer a 9.78-acre property, it's currently sitting on 0.275 acres, which for Toronto is pretty sizable, especially when you consider the additional 436-foot perimeter.This much space means it's likely going to be just another income property or a development project.
"The house size and excellent architectural qualities, as well as rich historical value, could prove potentially useful to the community should the building be restored," says the document.And we would love to see what the David Smith House could look like restored to its former, grand glory.
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